Wednesday, October 23, 2013

News: Rotherham event gives a boost to local businesses looking to export

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Business owners were given a better insight into export opportunities at an International Trade Workshop organised by RiDO (Rotherham Investment & Development Office) in conjunction with UK Trade & Investment (UKTI) and held at Fusion Business Centre in Templeborough recently.

The event was led by Simon Bedford, an expert advisor from UK Trade & Investment, who looked at the population trends in particular overseas markets, which make them attractive for certain types of businesses, what the barriers are to entry and how they can be overcome and what support is available for exporters. The aim was to give local businesses greater confidence to exploit their export potential and to provide information about new markets and guidance with securing business internationally.

Julia Millea, business development co-ordinator for RiDO's Growth and Prosperity in Rotherham, Soft Landing Zone said: "This was a great opportunity for businesses from a wide variety of markets to learn more about exporting and to network with other businesses who are already doing so. As UK GDP (Gross Domestic Product) is only 3% of World GDP, there is huge potential out there for local companies, plus lots of support available through RiDO's Soft Landing Zone and UKTI to help businesses to grow their export sales and stimulate new overseas markets."

Dylan Stuchbury, technical director at Woodview Electronics on the Advanced Manufacturing Park in Rotherham, said: "I am looking to export to the USA, as it's a large potential market for our Rev Counter products for motorbikes. This event has given me a useful insight into overseas opportunities and the added motivation to progress with plans to expand our business in the United States."

The ERDF Growth and Prosperity in Rotherham (Soft Landing Zone) project is supported financially by the European Union. It has attracted £842k investment from the European Regional Development Fund as part of Europe's support for the region's economic development through the Yorkshire and Humber ERDF Programme 2007-13.

RiDO website

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