Tuesday, July 7, 2020

Heathrow invites firms to apply for grants to fund export ambitions

For the third year running Heathrow is inviting businesses up and down the country to apply for £40,000 worth of ‘World of Opportunity’ grants to fund exporting ambitions.

The grant, run in partnership with the Department for International Trade’s (DIT) Exporting is GREAT campaign, supports SMEs looking to take their goods and services abroad.

Applications for this year’s World of Opportunity programme will be accepted until Friday 18th October.

Heathrow and the Department for International Trade’s Exporting is GREAT campaign are inviting SMEs across the country to apply for 20 ‘World of Opportunity’ grants worth £2,000 each. The grants will support small businesses that are just beginning to export or help those companies that can export, but don’t.

Previous winners of the World of Opportunity grant such as Visit Football, Pearson Cycle Specialists and Julia Brooker Paintings have used the money to fund vital trade missions, participate in international trade shows or commission the international market research needed to establish their brands in these countries.

Representatives from DIT will support each winner by helping them access the right information, advice and assistance while connecting businesses to overseas buyers, markets and each other. Plaza Premium will also be providing complimentary lounge passes for the winners as they leave Heathrow on their journeys.

A panel of exporting experts including Lord Deighton, Heathrow’s Chairman and Parveen Thornhill, Head of London & Devolved Administrations from DIT will select this year’s winners.

Last year’s Programme received nearly 150 entries from SMEs from Cornwall to Glasgow and the programme is expected to become even more competitive this year. To win one of the prized 20 grants, applicants will need to show why they’re primed to expand their businesses abroad, demonstrate their export capability and give their rationale for the markets they’re targeting.

Heathrow Chairman Lord Deighton said:“This is the third year that we’re running the World of Opportunity programme and we’re eagerly looking forward to reviewing the entries from a wide variety of innovative and unique small businesses from every corner of the country.

“As the UK’s front door we play a key role in connecting British entrepreneurs to markets further afield and we’re looking forward to supporting these small businesses as they begin their exporting journeys.”

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