Small businesses set to see a boost in exports and growth with new expert panel
As part of the 바카라 사이트바카라 사이트™s plan to support small businesses and boost global exports a new Board of Trade has been unveiled today. Â
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Revamped Board will use their expertise to help drive growth and boost exports바카라 사이트¯바카라 사이트¯Â
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New Call for Evidence to study SMEs support via access to finance바카라 사이트¯Â
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SME summit brings together small firms, trade bodies and government to inform SME strategy바카라 사이트¯바카라 사이트¯Â
As part of the 바카라 사이트바카라 사이트™s plan to support small businesses and boost global exports a new Board of Trade has been unveiled today. Â
The new look Board, announced by the Business and Trade Secretary, will be charged with helping businesses, including the country바카라 사이트™s 5.5 million SMEs, to boost their exports and help super-charge growth for the economy as part of the Plan for Change.바카라 사이트¯바카라 사이트¯Â
Made up of a range of CEOs and business leaders, each member has been handpicked due to their expertise and knowledge in their respective fields.바카라 사이트¯바카라 사이트¯Â
The new Board members include Apprentice star and entrepreneur Mike Soutar, BT Group Chief Executive Allison Kirkby, and Michelle Ovens CBE, the Founder of Small Business Britain.Â
These advisors will be advocates and ambassadors for their sector, supporting businesses, especially SMEs, so they can trade more and grow.바카라 사이트¯바카라 사이트¯바카라 사이트¯Â
Business and Trade Secretary Jonathan Reynolds said:바카라 사이트¯바카라 사이트¯Â
Small businesses are the driving force of our economy, both at a local and national level, which is why, as part of our Plan for Change we바카라 사이트™re determined to ensure that all SMEs have the tools at their disposal to thrive.바카라 사이트¯바카라 사이트¯Â
The new Board of Trade will be another tool in our arsenal to get more businesses trading around the world and taking advantage of our fantastic FTAs. This won바카라 사이트™t be a chin-stroking talking shop, because I바카라 사이트™ll be urging them to boost exports and get more SMEs trading across all their sectors.바카라 사이트¯Â
Because we know that when more small firms export, it leads to more jobs and higher wages and grows the economy.바카라 사이트¯Â
The announcement comes in the backdrop of a flagship policy event at Wilton Park which is bringing together government, trade bodies, small businesses and other experts to help inform the government바카라 사이트™s wider Small Business Strategy that will be published later this year.바카라 사이트¯바카라 사이트¯Â
A key part of the 바카라 사이트바카라 사이트™s growth mission and Plan for Change, the three-day summit is aimed at tackling the everyday issues SMEs face to help them to scale up, grow and thrive.바카라 사이트¯바카라 사이트¯Â
The event will be attended by SME representatives and Export Champions like Exeat바카라 사이트™s Laura Ward MBE, Creative Nature바카라 사이트™s Julianne Ponan MBE and Burren Balsamics바카라 사이트™s Bob McDonald.바카라 사이트¯Â
In addition to this, business groups, local government officials, representatives from regional Growth Hubs and experts from the world of finance will attend to offer their key insights to the event.바카라 사이트¯Â
This means that small businesses, who help grow the economy, will have a real seat at the table to generate the policies that matter most to them.Â
Discussions will include ways to encourage entrepreneurship and speed up adoption of new digital technologies amongst SMEs, how to build a business support service that promotes growth and productivity, ways to better access finance and how to boost the number of SMEs that export overseas.바카라 사이트¯바카라 사이트¯바카라 사이트¯Â
A key issue faced by small firms is access to finance, who often rely on finance to help them start up, expand and grow. That바카라 사이트™s why a major Call for Evidence is being launched today to gather information on the issue.Â
It will look specifically at the current demand for finance, measures that can be implemented to boost funding, as well as the barriers to growth for under-served groups including those with disabilities and ethnic minorities.바카라 사이트¯바카라 사이트¯Â
Small Business Minister Gareth Thomas said:바카라 사이트¯Â
For small businesses, getting off the ground is one of the hardest parts of scaling up, and central to that is the ability to access finance.바카라 사이트¯Â
That바카라 사이트™s why this Call for Evidence will be important to allow us to see what more needs to be done to support SMEs so they can go for growth.Â
Simon Groom, CEO of MagnifyB said:Â Â
We are delighted to see the 바카라 사이트 addressing the critical issue of SME finance. At MagnifyB, we know firsthand the urgent need for change and understand how SMEs can unlock their data in everyday apps, like QuickBooks, to boost productivity, improve cashflow and expand access to finance. We look forward to working with the 바카라 사이트 to help ensure these insights help widen access to the traditionally underfunded.바카라 사이트¯Â
Today바카라 사이트™s announcement is the latest in a series of measures to boost the number of high-growth SMEs across the country.바카라 사이트¯바카라 사이트¯바카라 사이트¯Â
The 바카라 사이트 has already announced that it will launch a major consultation to tackle the scourge of late payments, while the Budget protected a million small firms from National Insurance increases, extended business rates relief and announced a new Business Growth Service to make it easier and quicker for SMEs to access and benefit from the right government advice and support for their business.바카라 사이트¯바카라 사이트¯바카라 사이트¯Â
The event sponsored by 바카라 사이트˜Goldman Sachs 10,000 Small Businesses바카라 사이트™ and Intuit, will be convened by Wilton Park, an executive agency of the FCDO that has been key to developing the UK바카라 사이트™s foreign policies for nearly eight decades. It has hosted world leaders and has been central to developing work around a wide range of policies across government.
Michelle Ovens CBE, Board of Trade Adviser and Founder of Small Business Britain said: 바카라 사이트¯Â
I am thrilled to be appointed Adviser to the Board of Trade and look forward to the honour of contributing to the Board바카라 사이트™s work. In particular, I am excited at the opportunities small businesses have to export and expand, the great growth and ambition we can open up, and the impact this can have on the whole of the UK economy. Almost all businesses in the UK are small businesses, employing millions and creating and supporting communities. Work to support their growth supports us all.
Mike Soutar, Board of Trade Adviser, portfolio director and entrepreneur said: 바카라 사이트¯바카라 사이트¯Â
I바카라 사이트™m passionate about helping businesses - particularly fast-growth SMEs - to seize international opportunities. The UK has world-class talent, and turning that potential into globally competitive businesses requires the right networks.
Laura Ward, Founder of EXEAT said:바카라 사이트¯Â
The Department for Business and Trade has been instrumental in EXEAT바카라 사이트™s journey as a global exporter. By providing us with a comprehensive international toolkit including essential training through the Export Academy, access to funding, and ongoing support from our International Trade Advisor, DBT has set us up for long-term international success and remains a key and valued partner in our global growth.바카라 사이트¯Â
Dorian Payne, Managing Director at Castell Group, and 10,000 Small Businesses UK graduate said:바카라 사이트¯바카라 사이트¯Â
As a business owner who has grown from zero, through the micro and small stages, to now leading a medium-sized company, I바카라 사이트™ve seen firsthand the challenges SMEs face when trying to grow 바카라 사이트” whether it바카라 사이트™s accessing finance, scaling operations, or breaking into new markets.
SMEs are the backbone of our economy, and it바카라 사이트™s vital we create the right environment for them to thrive. Discussions like those happening at Wilton Park are essential to breaking down barriers to growth and ensuring SMEs have the support they need to succeed.
The new board advisers are:바카라 사이트¯Â
- Omar AliÂ
- Mike Hawes OBEÂ
- Dame Vivian Hunt DBEÂ
- Allison KirkbyÂ
- Paul Lindley OBEÂ
- Catherine McGuinness CBEÂ
- Michelle Ovens CBEÂ
- Mike SoutarÂ
- Sarah WalkerÂ
- Dr Charles Woodburn CBE