The business of international trade never stops, constantly evolving around market opportunity and business innovation. In this months roundup, Duncan Hoyland, Export Co-ordinator for the Sheffield City Region discusses how the Department for International Trade and its partners, have aligned their activity to support Yorkshire and Humber Growth.
Focus on China
Sheffield City Region’s Metro Mayor Dan Jarvis recently returned from China where he led a delegation to discuss links between regional business interests and align Northern Powerhouse activity. The Department for International Trade (DIT) and Sheffield Chamber of Commerce continue to support the engagement in the Chinese market with China being the international focus of the Sheffield Business Showcase on 24 October where DIT exhibited and offered support to SME’s wanting to grow their business internationally.
Mayor Dan Jarvis will make a further visit to India in November as part of UK technology initiative. Simultaneously, discussions are underway between DIT, and Barnsley Metropolitan Borough Council to support the regional digital economy and DIT are delivering monthly digital clinics offering 1-2-1 support in partnership with Sheffield Chamber of Commerce.
Researching Overseas Markets Event
DIT is also supporting business engagement in other markets including Pakistan and Vietnam. Finding an export market is an important aspect of developing your international sales, particularly when it comes to choosing the right one for you. On 6 November, DIT, in partnership with JH Market Strategy will be holding a workshop in Doncaster to help companies understand how to select and prioritise potential export markets, whether they plan to explore new and emerging markets or concentrate on advanced economies. You can sign up to join us here.
Lost in Translation?
Furthermore, whilst making connections in the home market feels natural, connecting with people in foreign markets can be more challenging and require some cultural agility to navigate unfamiliar networks in new places and situations. If this sounds familiar, please join us and The University of Sheffield to share your experiences, whether positive or negative, successful or unsuccessful with like minded others involved in building international businesses. Please click here to register using the keyword SMEconnect2018.
Heathrow Biz Summit 2018
Finally, DIT was delighted to support the Heathrow Business Summit this month. Hosted by Doncaster Chamber of Commerce with key note speaker Caroline Flint MP. Over 100 companies were able to network with local, national and international organisations throughout infrastructure supply chains. Through the Heathrow Business Summit, DIT was able to connect with regional SMEs to discuss their international ambitions and use its global network to facilitate SME’s to access Heathrow Airport supply chains and explore exporting opportunities. Funding for these exporting opportunities can be critical to getting the deal done. Through DIT’s Exporting for Growth programme, companies can still access a minimum of £1,000 support, but potential applicants need to come forward soon to meet its 2019 closing date. Please get in touch at email@example.com to find out more.
Our website holds all the information you need on key markets, sectors and how to register for trade missions and events as well as many partner activities. It is updated to reflect all current activity so please use it as part of your daily market intelligence gathering routine and business growth strategy. Read further updates from Yorkshire and the Humber here.