Bristol could be one of a number of UK cities to benefit from a new £5m export support programme.
The Institute of Export and International Trade has launched the programme to help UK businesses accelerate their journey into international trade. This it says is due to a need for greater export support for MSMEs (micro, small and medium sized enterpise).
While overall exports in goods have risen by 18% in the South West over the last year, according to the latest ONS data, not enough smaller firms are exporting. Data shows that while MSMEs make up 99.9% of the 5.5m businesses registered in the UK, yet fewer than 10% of them export.
