Financial Support through the UK Trade & Investment sponsored Trade Access Programme. There is currently financial support available to companies that participate in some EIC managed exhibition groups taking place outside the UK. This is through the UK Trade & Investment sponsored Trade Access Programme or TAP (formerly SESA or IBS)
For the exhibitions covered by TAP funding, the grants will be administered on a first come first served basis and not guaranteed. From 1st August 2013, UK registered companies which meet the specified criteria will be eligible for a fixed grant of either £1,500, £2,000 or £2,500. First time exporters to Emerging Markets will receive a fixed grant of £3000.
* Definition for Small and Medium Sized Enterprise
a) Has less than 250 employees.
b) Has an annual turnover not exceeding € 50m, or an annual balance sheet total not exceeding € 43m.
UKTI reserves the right to review the eligibility of businesses that are distinct and independently operated but are part of or owned by an organisation itself larger than an SME.
** Definition for New Exporter
During the past 12 months less than 10% of turnover resulted from proactive exports (i.e. sales to new overseas customers that have been actively identified by the business) and no more than 25% of turnover resulted from a combination of proactive and reactive exports. (Reactive exports would normally result from unplanned approaches from potential overseas customers and from UK-based third parties, or from overseas responses to UK-focused web sites).
*** Emerging Markets