The Internationalisation Fund: Co-Investment Funding for SMEs

About This Event

Discover how to access co-investment funding from the Department for International Trade for SMEs who want to grow into new overseas markets

 

The Department for International Trade and European Regional Development Fund have launched a new Internationalisation Fund for eligible SMEs based in England.

 

 What is the Internationalisation Fund? 

Launched in December 2020, the Internationalisation Fund provides match-funded grants between £1,000 and £9,000 to use for future business activities (subject to eligibility and availability) aimed at helping SMEs grow in new international markets.

To secure a grant, you will need to fund a proportion of your costs yourself. This varies according to where your business is based.

SMEs based in England now have the opportunity to apply for the next round of funds which can be used to support eligible expenditure areas.

Please note grants offered under the Internationalisation Fund are available on a limited basis and the actual availability of funds in the different English Local Enterprise Partnership (LEP) areas can vary based on demand and the number of applications already approved. Updated information about funding availability in your LEP area are included in the 'Who is this event for' section below. 

 

 What can the funding be used for? 

The funding can be used for third party advice/services to help your business prepare for export, including:

  • PR, Social media and SEO
  • Market research
  • Intellectual property (IP) rights
  • Translation and cultural advice
  • Routes to market
  • Overseas business environment
  • Due diligence

SME participation in Trade Fairs, Missions and market development visits may also be supported.

This virtual event will offer full details about the co-fund and eligible costs - places are in high demand.

 

 Why should you attend this virtual event? 

At this free virtual event, our expert speakers will provide you with:

  • An overview of the Internationalisation Fund and the eligibility criteria
  • What you can use the fund for to grow your business overseas 
  • What you need to prepare for your funding application
  • How to submit your application and key deadlines
  • Examples of what the Internationalisation Fund can be used for including research & selection, website design and intellectual property (IP)

Plus, for businesses who meet both the eligibility and suitability criteria, there will be an opportunity to meet with an International Trade Adviser after attending the event.  If you are considered suitable, an ITA will help you prepare your Export Action Plan (EAP), a mandatory prerequisite to apply, and complete your Internationalisation Fund application.

 

 Who is this virtual event for? 

This virtual event is for ambitious SMEs based in the South East of England only who want to grow their sales in international markets.

Please note that, due to the high demand, Internationalisation Fund funding is no longer available in the Oxfordshire Local Enterprise Partnership (LEP) area including the entire county of Oxfordshire and in London. 

To attend this subsidised event, your business should meet the following eligibility and suitability criteria:

Eligibility criteria

To be eligible, businesses must

  • Be registered in the UK and based in England
  • Be a Small or Medium-sized Enterprise (SME) with up to 250 employees, an annual turnover of less than €50 million or annual balance sheet not exceeding €43 million
  • No more than 25% of the business is owned by an enterprise which is not a SME
  • Have not received more than €200,000 in public funds over the last three fiscal years
  • Have £500k+ in sales/turnover (desirable, not mandatory)
  • Have international high growth potential with a product or service suitable for export into a new market
  • Have an interest in using the funding for eligible export growth activities


Suitability criteria

To be suitable, businesses should:

  • Have £500k+ in sales/turnover (desirable)
  • Have international high growth potential 
  • Have a product or service suitable for export into a new market
  • Have an interest in undertaking activities co-funded by the Internationalisation Fund and claim back funds 

 

 How will the event work? 

This virtual event will take place on Thursday 9th December 2021 at 10.00am - 12:00pm (GMT).

For businesses considered eligible and suitable, your attendance at the event will be followed by the opportunity to book a free 1-2-1 meeting with one of our International Trade Advisers who will determine how to proceed and if appropriate, support a funding application. 

They will be able to answer your specific questions, guide you through the application process and help you build and agree an Export Action Plan, which is a prerequisite to apply for the fund.

 

 Meet our speakers 

 

Danny Richman
Richman SEO Training, Founder

  • Danny is one of the UK's leading search engine optimisation experts 
  • Specialising in search marketing, Danny has spoken at many international events on the topic
  • He has been helping SMEs and organisations grow their online traffic since the birth of the internet
  • Danny's clients include the BBC, Bank of England and John Lewis Partnership
  • As a volunteer, Danny has also worked with the Prince’s Trust supporting and mentoring disadvantaged young people to help them start their own businesses

Samuel O'Toole
Briffa, Associate

  • Sam is a Solicitor Advocate (Higher Rights Civil Proceedings), meaning that he is able to represent clients in the higher courts of England & Wales
  • Specialist in all areas of Intellectual Property Law, including exploitation, enforcement and management with a focus on dispute resolution
  • An experienced Solicitor, Sam readily advise clients in the entertainment and music industries and has a keen interest in the world of domain name disputes

Claire Snowdon
Snowdon Consulting Ltd and The No Fuss Group Ltd, Managing Director

  • Claire is an experienced business growth and communications specialist with over 30 years of international exposure and operational leadership experience in manufacturing
  • She has lived and worked extensively in Europe, Asia, the Middle East and Far East where she developed international business and cultural expertise 
  • Claire is a strategic thinker and change agenda who is adept at delivering under pressure. She has a proven track record of business growth, cost and cycle time reduction and the building of motivated cross-functional and inter-culture teams 
  • She offers her clients a professional, empathetic and approachable service, promoting cross-cultural understanding and accelerating their international growth 

 

 What's next? 

To register for this free event, simply click the Register Here button on the top of this page and complete the event online application form. 

Please note:

  • Places at this event are limited and likely to be in high demand - they will be offered to the businesses that best meet the eligibility and suitability criteria listed above.
  • Only event attendees, who are considered eligible and suitable will be offered the exclusive opportunity to book a free 1-2-1 meeting with an International Trade Adviser after the event. 
  • Attending this event and a 1-2-1 meeting does not guarantee any application for Internationalisation Funding will be successful. The event will help you determine whether you meet the requirements of the fund and if appropriate how to design a suitable Export Action Plan and application.  

 

 Contact us 

Have a question about the virtual event? Email our team at tradeevents@newable.co.uk

 

   

It was a well organised event - the presenters were knowledgeable, succinct and straight to the point. Whether in terms of recap or new information, the materials were presented with an SME perspective that was extremely useful and relevant."

- Webinar Attendee | The Internationalisation Fund: Co-Investment Funding for SMEs, September 2021

 

 

Register Here