Friday, December 10, 2010

News: South Yorkshire trade mission to the USA


South Yorkshire business community is forging strong links with the largest economy in the world and the UK's single biggest export market – America.

South Yorkshire International Trade Centre (SYITC), along with Creative Sheffield and UK Trade and Investment, has arranged a trade mission to Philadelphia and Richmond in Virginia.

Philadelphia is the fifth largest city in USA and the city region is home to nearly six million people. Strong sectors for the area include manufacturing, oil refining, food processing, health care and biotechnology, tourism and financial services.

Stuart Steel, head of international trade at SYITC, said: "A trade mission group recently returned from a successful trip to Chengdu, in China, where delegates enthused about the support that travelling as part of a business delegation provided.

"Travelling as part of a group gives companies unique access to the support available through local business agencies which organise activities such as briefings, networking and business match-making.

"The visit to America will be of great use to businesses in the Sheffield City Region looking to expand their work into the world's largest market."

Joanna Lavan, international manager at Creative Sheffield, added: "In times of economic uncertainty, businesses need to look for opportunities across the world in order to grow and fill their order books.

"This trade mission is a fantastic opportunity for organisations and entrepreneurs in the region to take the next step towards developing their business on this global level.

"Desk research has its value but there is really no substitute for visiting the country and meeting with potential clients and investors. The USA is the UK's single largest export market and therefore has vast potential for businesses."

The USA trade mission will take place from January 29 to February 4 and tickets cost £1,295 which covers the flights, hotel accommodation, transfers and benefits including briefings, networking receptions and business matchmaking.

Eligible companies will be able to receive £665 of grant funding towards the cost of the trip.

SYITC website


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