UKTI increases trade show funding for UK jewellers

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£3,000 grants awarded to companies wishing to exhibit overseas.

UK Trade and Investment (UKTI) and the British Jewellery & Giftware Federation (BJGI) have announced an increase in funding for jewellery and giftware brands hoping to exhibit at trade show overseas.

UKTI has confirmed an increase in grants to help UK companies to export. For trade shows taking place after August 1 2013 grants for jewellers hoping to exhibit in European countries will be set at £1,500, marking an increase of £500.

Grants for "long haul locations" such as the US will be offered at £2,000, an increase of £600. Those seeking to exhibit at high growth markets such as Hong Kong will be set at £2,500, up by £1,100.

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There will also be support for first time exhibitors hoping to show at a high growth market events. Brand taking their jewellery to shows in locations such as Saudi Arabia can receive £3,000 towards thier show costs, marking an increase of £1,600.

Each eligible exhibitor will be entitled to claim 12 grants in a lifetime, backdated to April 1 2009. Of this allocation six are to be used in established markets such as Europe and America, the remaining six can be used in high growth markets such as Hong Kong and Saudi Arabia.

UKTI has also increased the number of shows that it is working with and supporting in 2013-14 calendar. New shows that jewellery and giftware companies can win grants for include Tendence, Intergift and Jewellery Arabia.

Jewellery companies seeking funding or trade show information are asked to contact Rebecca Gough on Rebecca.gough@batf.uk.com or 0121 237 1119.

UKTI is the UK government organisation which helps UK companies to develop their international sales, and which promotes foreign Inward Investment into the United Kingdom.
 

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