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Make the most of EU money for exporting support before Brexit

Posted on 08 Mar 2017

Make the most of EU money for exporting support before Brexit

Liverpool & Sefton Chamber of Commerce is urging local firms considering trading internationally to take advantage of free EU cash before the UK exits the EU.

While the UK remains in the EU, money is still available via the European Regional Development Fund (ERDF) to accelerate exporting opportunities but with the British Government on the verge of triggering Article 50 this could soon change.

Andy Snell, Director of International Trade at the Liverpool & Sefton Chamber of Commerce, said companies had until the end of next year to access £1,500 to support overseas business trips. 

The funds can pay for trips to trade shows or to negotiate new deals, sign new export contracts or increase export sales. It can be used towards economy class flight travel, accommodation and/or exhibition stand costs. 

To be eligible for the ERDF assistance firms must be: 

  • Actively trading and eager to grow their export business
  • Have headquarters in the Liverpool city region
  • Be a small and medium-sized enterprise (less than 250 employees)
  • Not have received more than £170,980 public funding in the last three years 

Andy Snell said: "International trade is now high on the agenda and there are a wealth of trading opportunities for Liverpool city region firms across the world. 

"Budgets can be tight for growing SMEs so the ERDF fund could prove invaluable in helping businesses accelerate their exports. 

"We don't know what kind of support, if any, will be available for businesses after we leave the EU so we would urge entrepreneurs to get in touch with us as soon as possible so we can help them apply." 

For more information about the ERDF funding email Julie.Sankey@liverpoolchamber.org.uk 

 

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