North East small firms have chance to apply for funding

By Iain Laing, The Journal

May 16 2011

SMALL firms have been given the chance to claim a slice of £1m to boost their export sales. Market Accelerator, which is a UK Trade & Investment North East Service, will make a 100% investment of between £20,000 and £30,000 to SMEs that meet the criteria and can apply within a two-week window which opens today.

David Coppock, UK Trade & Investment’s international trade director, said: “UKTI is very pleased to be able to support this new programme.

“The region’s exports are continuing to grow, which is great news. However, we cannot afford to be complacent and need to continue to look at new overseas opportunities.”

The investment will come from £1m of UK Trade & Investment funding that has been set aside for businesses in the North East as part of the Export Investment Fund delivered in the region by Business & Enterprise Group.

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