Businesses across York and North Yorkshire are set to bring
in millions in sales as they set out on export missions
around the world.
Supported by the Get Exporting programme, the second round of
projects announced today will unlock trade missions in new
markets across North
America, Europe and Asia for another
30 local businesses.
This builds on the first round which supported a
further 40 businesses with grants between
£3,000 up to £10,000 to help with the costs
of establishing their business in new countries. It
means that the full grant pot has been allocated.
David Skaith, Mayor of York and North Yorkshire, said:
“We've seen what our incredible local
businesses can achieve when they have the right
support
“By tripling our exports grant pot, we're backing
ambition and unlocking more in new global
trade.
“I'm excited to see more of our businesses grasp these global
opportunities and continue the momentum we're building across the
region.”
A previous pilot scheme provided £200,000 in grants which
generated more than £15 million in sales. By tripling the
investment to £635,000, the Combined Authority estimates the
current programme could unlock over £45 million in new global
trade.
Among the successful applicants is Malton-based food business
The Tofoo Company, which will use the funding to expand
its footprint into the German market.
David Knibbs, Director of Tofoo Co, said:
“At The Tofoo Co, we've always been focused
on bringing delicious, healthy, and sustainable products to
consumers. We're delighted to have secured the Get
Exporting grant, which will support the next steps in our
international growth journey and help us bring our tofu products
to even more people. This project will help us grow our team,
create new local opportunities, and further strengthen Malton's
reputation as Yorkshire's award-winning Food Town.”
Resimac Solutions, a manufacturer based in Thirsk, will use
the grant to head out to Thailand to exhibit their
products at one of their industries biggest events.
Andrew Donald, Global Business Development Manager at
Resimac Limited, said:
“We have seen significant growth in sales of our Spray in Place
Pipe (SIPP) linings into the Water Sector in Europe and the
Americas. This grant will enable us to participate in
Trenchless Asia, the primary exhibition for trenchless
technologies in the region, allowing us to expand our networks
and identify new potential partners to drive export
growth in a region where we currently have a limited
presence.”
York-based Simpson Associates will also benefit from
the grant. Emma McGhin, Chief Marketing
Officer at Simpson Associates, said:
"The Get Exporting grant programme presents a fantastic
opportunity for Simpson Associates to start our export journey.
Our data & AI solutions are easily transferable to industries
in other markets, and the funding award has helped accelerate our
entry into this area."
The Business Innovation Fund has come in five programmes
focussing on ‘Sector Activity', ‘Spin-Out and Start-Ups',
‘Get Exporting', with ‘Great Ideas' and ‘Get Funded'
launching over the coming months.
Last year, Mayor David Skaith launched three other
Mayoral Challenge Funds including the £10 million Vibrant and
Sustainable High Streets Fund, the £7 million Carbon Negative
Challenge Fund and the £2.3 million Skills Innovation
Fund.
For more information and to access the programme's prospectus,
please visit https://yorknorthyorks-ca.gov.uk/project/business-innovation-fund/
ENDS
Notes to editors:
-
About Get Exporting: A grant programme funded by the York and
North Yorkshire Combined Authority designed to help small and
medium businesses overcome the financial barriers of entering
new international markets.
-
Impact Data: The £45m sales projection is based on the 75:1
return on investment seen in the pilot phase (£200k
investment resulting in £15m sales).
