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West Midlands International Trade LLP

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Presentation on theme: "West Midlands International Trade LLP"— Presentation transcript:

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

2 SME International Growth Project

3 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

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

5 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.

6 Worcestershire LEP – SME IGP Infographic
16

7 ERDF

8 Global Growth Pilot Steve Havins Head of Business Development
& Partnerships

9 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

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

11 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

12 Any Questions


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