Trade Promotion: Small Businesses

(asked on 29th March 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what non-educational funding is available to support small businesses that wish to (a) exhibit and (b) export trade overseas.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 17th April 2023

The Department for Business and Trade (DBT) is planning to spend over £200 million, over the Spending Review period, to support Small and Medium-sized Enterprises (SMEs). Financial assistance for businesses is available through the British Business Bank and UK Export Finance.

Furthermore, local authorities have been given £2.6 billion over the Spending Review period, through the Shared Prosperity Fund, to provide support – including export help – to businesses in their areas.

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