A groundbreaking Enhanced Trade Partnership launched today aims to transform how small and medium-sized enterprises (SMEs) in Greater Manchester access international markets.
The collaborative initiative between the Department for Business & Trade and Greater Manchester Combined Authority represents a strategic approach to expanding business horizons.
Partnership Highlights
The scheme brings together critical support mechanisms to create a comprehensive export assistance framework:
- Expert International Trade Advisors will provide targeted guidance
- Resources from national, regional, and local business networks consolidated
- Bespoke support tailored for businesses new to exporting
Export Landscape: Current Snapshot
Statistic |
Detail |
---|---|
UK Global Export Ranking | 4th |
Small Firms Currently Exporting | 320,000 |
“International trade has driven Greater Manchester’s economic transformation,”
said Mayor Andy Burnham, emphasizing the region’s historical trading prowess. Business and Trade
Secretary Jonathan Reynolds added,
“We know that businesses who export, grow even faster.”
Strategic Objectives
The partnership seeks to:
- Simplify export processes for SMEs
- Provide accessible, collaborative support
- Help businesses navigate post-Brexit international trading landscape
Mark Hughes, CEO of the Growth Company, highlighted the initiative’s potential: “We know there is huge potential out there” – underlining the optimism surrounding this innovative approach.
The Way Ahead
The Enhanced Trade Partnership represents a targeted response to current global economic challenges, bringing together local expertise and national resources to support small business growth.
For more information and updates, visit the Department for Business & Trade website.
Sources: THX News, Department for Business and Trade & The Rt Hon Jonathan Reynolds MP.