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Did you know you could access funding of up to £9,000 to help expand your business overseas?

15 September 2021 · Fran Puddick

Internationalisation Funding for SMEs looking to expand overseas.

Over £38m is available to help businesses in England grow overseas trading and strengthen international ties through the Government’s Internationalisation Fund.

What is the Internationalisation Fund?

It’s a new programme for businesses to draw down match-funded grants of up £9,000 to support overseas growth and develop capacity in new markets.

What can businesses spend the funding on?

The Internationalisation Fund is open to SMEs across England that have the potential to grow their international sales and can be used to support a range of activities, including:

At PAB Languages Centre, we know how challenging it can be to navigate new markets, whether that’s developing new business relationships, identifying sales opportunities or even hiring the right staff to make your growth happen.

But our experienced team of consumer experts, market analysts and specialist advisors can conduct research and create a tailored market strategy for your business to capitalise on consumer behaviour, market conditions and technological advancements in your new target territory.

In addition, our translation, localisation and cultural awareness training ensure your marketing materials, policies and branding are accurate, clear and engaging to your new audience.

Who is eligible for support through the Internationalisation Fund?

The grants are available to SMEs in England that fit the following criteria:

• Already exporting and want to expand into new markets, or find a better way of trading in an existing market
• Are launching a new product
• Established SMEs that are new to exporting**
• +£500k turnover or with growth potential.

What is the Internationalisation Fund?

It’s a new programme for businesses to draw down match-funded grants of up £9,000 to support overseas growth and develop capacity in new markets.

What can businesses spend the funding on?

The Internationalisation Fund is open to SMEs across England that have the potential to grow their international sales and can be used to support a range of activities, including:

Translation services and cultural advice
• International marketing, including social media and SEO support
• Market research
• IP advice
• Due diligence
• Attending trade fairs
• Independent market visits
• Consultancy and other international commercial services.

At PAB Languages Centre, we know how challenging it can be to navigate new markets, whether that’s developing new business relationships, identifying sales opportunities or even hiring the right staff to make your growth happen.

But our experienced team of consumer experts, market analysts and specialist advisors can conduct research and create a tailored market strategy for your business to capitalise on consumer behaviour, market conditions and technological advancements in your new target territory.

In addition, our translation, localisation and cultural awareness training ensure your marketing materials, policies and branding are accurate, clear and engaging to your new audience.

Who is eligible for support through the Internationalisation Fund?

The grants are available to SMEs in England that fit the following criteria:

  • Already exporting and want to expand into new markets, or find a better way of trading in an existing market
  • Are launching a new product
  • Established SMEs that are new to exporting**
  • +£500k turnover or with growth potential

*Eligible projects need a minimum value of £2000 and a maximum £18,000 and up to 50% grant funding is available.
**Start-ups are not eligible for the Internationalisation Fund.