Sunny

Sunny

max temp: 5°C

min temp: 1°C

ESTD 1874 Search

East Anglia: Trade Minister Lord Livingston highlights UKTI support for SME exporters

12:04 30 January 2014

Lord (Ian) Livingston, Trade and Investment Minister.

Lord (Ian) Livingston, Trade and Investment Minister.

Archant

Trade Minister Lord Livingston pledged his support for small and medium-sized businesses today as he began a series of meetings and visits involving 20 companies around the East of England.

On his first visit to the region since his appointment last year, former BT chief executive Lord Livingston heard a first-hand about the experiences of companies currently looking to export overseas and encouraged businesses to work with UK Trade & Investment, (UKTI) .

The visit follows the announcement last week that every medium-sized business in the country will be offered tailored export advice and an intensive programme of support to help them start exporting or break into new markets.

UKTI, the Government body charged with driving trade and investment, says evidence shows that exporters do better with its help and that, on average, medium-sized businesses can increase their sales by £1.8million. Currently medium-sized businesses contribute around a fifth of employment and turnover in the UK, but only 17% of them generate revenues outside of the EU compared with 25% in Germany and 30% in Italy.

UKTI is also raising awareness of its services with smaller companies through a new national marketing campaign, Exporting is GREAT.

Lord Livingston said: “Increasing the number of UK businesses which sell overseas is a fundamental building block of the Government’s long-term economic plan.

“The East of England has an exceptional record for innovation with market-leading small and medium-sized businesses already at the forefront of their sectors. I’m in the region today to hear from these companies and ensure they are getting the support they need to maximise the export potential of their business.

“Businesses excel with UKTI’s support and we want to make sure that they are not just trading abroad, but growing there.”

Among the companies Lord Livingston is due to meet today are mid-sized technology company e2v, based in Chelmsford, which supplied a one billion pixel imaging device for the recently launched Gaia satellite and provides units which drive 90% of the world’s cancer readio therapy systems, and Contamac, a small firm based in Saffron Walden, which has bcome a major supplier of polymer materials for contact lenses after being launched in 1987 with an initial investment of £1,000.

Marc Saunders, group marketing and technology director at e2v, said: “The UKTI offers a valuable range of services. Their breadth and depth of genuinely local market knowledge and their research capability can be of great help to even experienced exporters like e2v”.

John McGregor, managing director at Contamac, added: “The visit of Lord Livingston reinforces the Government’s appreciation of the contribution that SMEs make to the economy. Contamac are delighted to have the support of UKTI in extending our export initiatives. We hope that other SMEs will take full advantage of the support recently announced.”

Search hundreds of local jobs at Jobs24

0 comments

Thompson & Morgan seed catalogue 1995

Scientists have identified the cluster of genes responsible for reproductive traits in the Primula flower, first noted as important by Charles Darwin more than 150 years ago.

A Bonmarché store.

Sales at womenswear retailer Bonmarché edged higher during its third quarter as the retailer opted for fewer discounts over the key festive trading period.

Dominic Purslow, Depot Principal at Jack Richards & Son

They take our children to school and make sure there is food on the shelves – but a shortage of coach and lorry drivers is raising concerns for firms across the region.

The OrbisEnergy building in Lowestoft.
 Picture: TMS MEDIA

Businesses in north Suffolk are being invited to have their say on the development of a Strategic Planning and Infrastructure Framework (SPIF) for Suffolk.

Matthew Long, guitarist in his store Planet Rock Music in St Nicholas Street, Ipswich

The Ed Sheeran effect is inspiring a new generation of guitar players, and boosting sales of acoustic guitars too.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24