West Midlands International Trade LLP Steve Havins Head of Business Development & Partnerships

SME International Growth Project

SME International Growth Project Project Elements include: Grants of between £1,000 and £3,000 match funded for international activities, these can include: Visiting Trade Shows In Market research Website Internationalisation PR and Marketing Translations Missions programme Le Mans, France (Advanced Materials/Automotive) – June 2018 USA (Advanced Engineering/Transport Technologies) – October 2018

SME International Growth Project – Worcestershire Year One (2017) Performance

Re-profiled contract targets agreed following PCR ERDF Output Contracted Target 2017 Profile 2017 Actual 2018/19 Profile 2018 Pipeline to date C1 Receiving support 70 20 12 58 14 C4 12hrs 41 16 7 34 3 C2 Grants 29 5 24 11 C5 New enterprises C8 Jobs created 0.8 15.2 38 With a further 52 SMEs already Enrolled on the project these will either go on to apply for Grants or benefit from 12 hour assistance, giving us a strong pipeline.

Worcestershire LEP – SME IGP Infographic 16

ERDF 2019 - 2022

Global Growth Pilot Steve Havins Head of Business Development & Partnerships

Global Growth Pilot Goals & Objectives To increase Internationalisation of SMEs To develop the Marketplace provision of Private Sector support 3. SME’s - £5m-£40m Turnover 4. £3,500 Grant – 50/50 match

Global Growth Pilot Process Full Diagnostic assessment Agreed Action Plan Letter of Engagement Account Management Brokerage of Support

Global Growth Pilot Aspirations Support all companies with Growth aspirations Match DIT money with Private Sector & ERDF Target Government money at market failure/gaps Align with other ‘non-Export’ Business Growth support Develop Private sector provision Target 10,000 businesses nationally across all LEPs

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