Support for International Business

Government Support for International Business

  • Department for International Trade (DIT): An organisation linked to the UK government that provides support and advice for businesses seeking to expand internationally.

  • UK Export Finance (UKEF): The UK’s export credit agency, providing insurance and financing support to UK exporters.

  • Trade Missions: Often organised by government departments to help businesses explore foreign markets. These missions involve overseas visits, and offer networking opportunities with potential customers and partners.

Advisory Services

  • Chamber of Commerce: Local and international chambers of commerce provide resources and networking opportunities to aid businesses operating globally.

  • Business Mentors: Experienced business professionals who can provide advice and guidance around running an international business.

  • International Trade Lawyers: These professionals provide advice on international trade law, which includes regulations, contracts, and dispute resolution.

Financial Support

  • International Finance Corporation (IFC): Part of the World Bank Group, the IFC provides loans and equity financing for businesses in developing countries.

  • Export-Import Banks: These institutions provide trade financing solutions to assist businesses with exporting goods and services.

Professional Qualifications and Training Services

  • International Business Management qualification: These are professional qualifications that provide knowledge necessary for managing international business.

  • Language Training: Learning a new language can be valuable when doing business in a new country. There are professional language training services available to help.

Market Research and Information Services

  • Market Research Consultants: These professionals provide insight into foreign markets, consumer behaviour, and the competitive landscape.

  • Economic and Commercial Reports: Reports that provide valuable information about economic conditions, consumer trends, and business practises in foreign markets.

Remember, the type of support required will often depend on the nature of your business and the specific challenges you face when operating internationally. A combination of different types of support will usually be most effective.