To ask Her Majesty's Government what steps they are taking to (1) extend, and (2) expand, financial support for UK companies at trade shows in other countries.
Answered on
30 December 2021
Existing support for attending trade shows is available via the European Regional Development Fund supported £38m Internationalisation Fund, which provides co-investment to small and medium-sized enterprises to internationalise.
HM Government extended support on 30 November 2021, by launching the UK Tradeshow Programme. The scheme builds business capability to maximise benefits from participating at trade shows overseas. The programme offers some exhibiting businesses up to £4,000 of financial support.
The programme expands from January 2022 to include support for businesses visiting (prior to deciding whether to exhibit) selected overseas trade shows, to get them exhibitor-ready. This includes assistance of up to £500 to all successful applicants.