SME International Growth Programme – Inward Missions
Published on 29 March 2018
United Kingdom
West Midlands
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
Inward Missions are an important vehicle in assisting companies develop their export activity. By bringing in experts and buyers from overseas markets it enables companies to meet new contacts, to learn about the market, make contacts within the market and potentially start on the process of making sales.
The Department of International Trade (DIT) West Midlands runs a programme of inward missions. The missions are usually focused around either markets/regions or sectors. Previous markets have included groups from South East Asia, Central Europe, USA, Gulf, China, Japan and Hong Kong. The programme of activity can include one to one clinics, roadshow style workshops or site visits. Around 10 missions per year are planned with 5-30 people attending.
Grants up to £3000 are available 50% funded
The Department of International Trade (DIT) West Midlands runs a programme of inward missions. The missions are usually focused around either markets/regions or sectors. Previous markets have included groups from South East Asia, Central Europe, USA, Gulf, China, Japan and Hong Kong. The programme of activity can include one to one clinics, roadshow style workshops or site visits. Around 10 missions per year are planned with 5-30 people attending.
Grants up to £3000 are available 50% funded
Resources needed
Cost of meet the buyer events is £1k to cover room hire/catering
Cost of ‘New Year New Market’ larger events £30k (But include a lot more delegates)
Personnel cost of UK advisors in addition to a network of teams based in over 100 countries around the world.
Cost of ‘New Year New Market’ larger events £30k (But include a lot more delegates)
Personnel cost of UK advisors in addition to a network of teams based in over 100 countries around the world.
Evidence of success
The Good practice is in its infancy and as such has plans to deliver 9 inwards for 120 SMEs.
Potential for learning or transfer
The potential of transfer this Good practice is possible but largely depends on whether the specific region has access to contacts in overseas markets in order to help facilitate the inward missions by bringing experts and buyers into the region and matching with potential regional buyers and suppliers.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
UK Department for International Trade (DIT) delivered by West Midlands Chamber of Commerce Limited Liability Partnership (WMCCLLP)
United Kingdom
West Midlands
Contact
Businessdeliverymanager