The Department for International Trade (DIT) has launched a new Internationalisation Fund (IF) for eligible SMEs based in England.

The Internationalisation Fund provides match-funded grants between £1,000 and £9,000 to use for future business activities (subject to eligibility and availability) aimed at helping SMEs grow in new international markets. 

Who is the fund for?

These grants are available for a limited time and in high demand. To be both eligible and suitable for the fund, your business must meet the following criteria:

• Be registered in the UK and based in England
  
• Be a Small or Medium-sized Enterprise (SME) with up to 250 employees, an annual turnover of less than €50 million or an annual balance sheet not exceeding €43 million
• No more than 25% of the business is owned by an enterprise that is not an SME
• Have not received more than €200,000 in public funds over the last three fiscal years
• Have £500k+ in sales\turnover (desirable, not mandatory)
• Have international high growth potential with a product or service suitable for export into a new market
• Have an interest in using the funding for eligible export growth activities

Join one of our upcoming free virtual events for an overview of the fund, what activities you can use it towards, the application process and key deadlines.
See dates below

After attending the event, complete an Internationalisation Fund Trade Review (IFTR) form. This form is used to assess your eligibility and suitability for the fund.

If you are eligible and suitable, you will be invited to a free

1-2-1 with an International Trade Adviser (ITA). Your ITA will help you prepare your Export Action Plan (EAP) and complete your application.

Work with your ITA to create and agree your mandatory Export Action Plan (EAP). The EAP will outline the international growth opportunities and challenges for your business.

Once you have completed the mandatory steps, your ITA will help you submit your application to DIT.

 Please note completing steps 1-4 does not guarantee that your application will be successful.

South East SMEs can now attend one of our free virtual IF events to gain:

 -  An overview of the Internationalisation Fund and its eligibility criteria

 -  What you can use the fund for to grow your business overseas

 -  How to prepare and submit your application and key deadlines

 -  Examples of what the fund can be used for including market research & selection, website design and IP

Visit our event registration page below to register:

Date: Wednesday, 29 June 2022

Time: 10:00 - 11:00 (GMT)

Location: Virtual Event

Cost: Free

These events are planned and organised by Newable Ltd in partnership with the Department for the International Trade (DIT) and part-funded by the European Regional Development Fund (ERDF)’s South East Gateway to Trade Project; aimed at Small and Medium-Sized Enterprises (SMEs) based in the South East of England.

As a result, a range of data points must be collected to assess your company's eligibility. The full eligibility criteria breakdown can be found on the registration pages of each event.

Newable will share your personal data, business information and communications or information recorded during the webinar/virtual event with the Department for International Trade (DIT). Information regarding the use and processing of personal data by the Department for International Trade (DIT) can be found at www.gov.uk/government/organisations/department-for-international-trade/about/personal-information-charter.

Newable will not share your data with any other third parties that are not involved with the delivery of the event or funding of the project. You can see our full privacy policy here.