Member Article

BRIC Markets Uncovered For North East Businesses

THE REGION’s SMEs turned out to a unique one day event created to shed light on doing business in international markets this spring, held by the ERDF funded NECC Access Programme.

A free one-stop-shop event, which took place recently at Gateshead’s Marriot Hotel, offered North East businesses the opportunity to consult experts on specific international trade issues regarding Brazil, Russia, India and China (BRIC).

Representatives from North East businesses from around the region attended to find out more about exporting to the emerging BRIC markets, such as protecting your IP, finding a partner, market entry strategies, taxation and customs requirements.

Industry experts from a number of key organisations – including UK India Business Council, Russo British Chamber of Commerce, China British Business Council, UKTI, RTC North and HSBC – were on hand to provide one-to-one surgeries.

Attendee John Taylor from TTE Technical Training Group said; “This has been a great opportunity for us as a local company to gain access to new markets through access to industry advice, which can be time-consuming and daunting to resource. Having the one-to-one element was also particularly helpful as the experts were able to respond to our individuals needs.“

Access Programme Leader, Nynzi Maung said: “We have had a really positive response to the event and a range of industry sectors were represented – technology, manufacturing and pharmaceuticals for instance.

“We hope that the market intelligence taken away will be valuable in these businesses’ decision-making process when it comes to exporting goods and services to the BRIC markets.“

The Access Programme is part of UKTI’s Growth Through International Trade project, which is part financed by the North East European Regional Development Fund Programme 2007 to 2013.Â

The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas to stimulate their economic development by investing in projects which will support local businesses and create jobs.

For more information visit: www.gov.uk/browse/business/funding-debt/european-regional-development-funding

This was posted in Bdaily's Members' News section by Access Brazil .