NEW Department for International Trade (DIT) Internationalisation Fund

Match-funded grants of between £1,000 and £9,000 will be available for eligible businesses (SMEs) in England to grow their overseas trading and strengthen their business.


The Department for International Trade has launched its new Internationalisation Fund for eligible businesses in England.


Government launches Export Growth Plan to help businesses in England build back better following the pandemic. The Department for International Trade’s (DIT) Export Growth Plan provides additional financial support and expertise, some of which is targeted towards specific regions that are most in need.


The plan includes a £38 million Internationalisation Fund for small businesses, which will help up to 7,600 SMEs in England grow their overseas trading and strengthen their business.

Match-funded grants of between £1,000 and £9,000 will be available for future activity (subject to eligibility and availability).


To secure a grant, you will need to fund a proportion of your costs yourself. This varies according to where your business is based and will be either 40 or 50% of the total cost.

The Demand is out there, you should be too

SME’s in England with the following characteristics:

  • International High Growth Potential with prospects of employment growth or productivity improvement.

  • A product or service suitable for international trade, or which could be developed for international trade and see international trade as a path for growth.

  • £500k+ sales/turnover (desirable, but those with lower sales/turnover are eligible).


What funding is available:

  • Co-investment funding between £1k and £9k – total amount of funding available varies between Local Enterprise Partnership (LEP) areas

  • The ERDF support has been allocated by LEPs so the amount available reflects their contributions.

  • The Fund is available in all LEP areas except Cornwall & Isles of Scilly, which has its own similar scheme.


The fund can be used to support areas including (but not exclusively limited to):

  • Market research

  • IP advice

  • Translation services

  • International social media/SEO

  • Trade fairs (where no TAP funding is available)

  • Independent market visits

  • Consultancy and other international commercial services

Activities not in scope include:

  • Salaries

  • Capital costs

  • Production costs

  • Purchase of assets

  • Primary producers (eg agriculture)


Is your business eligible?

  • The company must be based in England

  • The company must be a small or medium sized enterprise (SME) with up to 250 employees

  • No more than 25% of the business is owned by an enterprise which is not a SME

  • Annual turnover does not exceed €50 million or annual balance sheet does not exceed €43 million

The fund is supported by the European Regional Development Fund (ERDF).


To contact your local advisor and learn more about your eligbility; Click here


Or to Contact Us to discuss your project, drop us an e-mail.



About Levene Consulting

We are a boutique consulting firm based in London / UK specialised in TR-UK trade & business. Our team prepares Tailor-made, sector based or industrial solutions based on research and your business needs.


With the help of our close collaboration with reputable partners in Turkey and local service providers based in UK, we aim to be your one-stop trusted partner in all your business projects.


To contact with us or find out how we can add value to your organisation , send an e-mail to info@leveneconsulting.co.uk or visit us at www.leveneconsulting.co.uk

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