Expand your market – trade with the USA

Release Date: 13 July 2017

Small and medium sized businesses in Richmond are invited to a local event to find out how they can benefit from trading with the USA.

Richmond Council, in partnership with The Department for International Trade (DIT) and the European Regional Development Fund-Global Growth Project, are hosting the event to help smaller businesses in Richmond expand their markets and get up to date information on the benefits of exporting products and services to the USA.

The event is specifically targeted at businesses with an annual turnover of less than £40m, who have been trading for at least 12 months and have less than 250 employees.

 The USA has the largest and most technologically powerful economy in the world and is Britain’s largest single export market. Therefore, this event will particularly benefit those in the technology, creative, medical, digital, or innovation sectors.

The programme will look at:

  • US Market Entry Strategies
  • Registering trademarks and other IP protection
  • Exporting goods or services with no direct presence in the USA, including import duties, GST (VAT) and company tax
  • Some company case studies

There will also be an opportunity to participate in a one to one session with an International Trade Adviser at the end of the event.  

Cllr Pamela Fleming, Richmond Council Cabinet Member for Business, said:

“The past 12 months have been a volatile time for UK business. As the country moves forward to leaving the EU, improving our export performance will be key to driving wider UK economic growth.

“To achieve this, all businesses need to look at the world as a global market. Richmond businesses have an excellent reputation. And, we need to show the world what we have to offer. Starting with the USA.

“This event will give delegates practical advice and invaluable resources to help grow local businesses and begin the next step of the export journey.”  

Companies attending the event will have the opportunity to apply for a subsidised Trade Mission to Richmond, Virginia in October 2017. Richmond is Twinned with Richmond, along with Fontainebleau, France and Konstanz in Germany.

  • Date: Thursday 31 August
  • Time: 10am to 3pm
  • Location: The Exchange, Brewery Wharf
  • Price: £40 plus VAT

Book online

This event is part-funded by the ERDF’s Global Growth Project.

Notes for editors

  1. The Department for International Trade (DIT) has overall responsibility for promoting UK trade across the world and attracting foreign investment to our shores.
  1. GOV.UK is the new single digital destination for trade and investment, bringing together and connecting UK businesses, international buyers and international investors. Whether businesses are new, occasional or frequent exporters, they will be able to take advantage of the new suite of tools and exclusive deals on fees or commissions with some of world’s leading online marketplaces.
  1. By registering with the find a buyer service, businesses will become part of a brand new searchable directory of UK exporters which government will use to match their products and services with worldwide demand. A new tool on great.gov.uk will help businesses access the best e-commerce opportunities via preferential deals with the world’s largest online marketplaces.
  1. DIT is a specialised body with significant new trade negotiating capacity, taking on the responsibilities of UK Trade & Investment, along with the relevant trade functions of the former Department for Business, Innovation and Skills. We have oversight of the Defence and Security Organisation and UK Export Finance is an integral part of DIT’s operations and strategy.
  1. DIT works to promote UK exports of goods and services, to support a growing economy that creates wealth for all, supports jobs and meets our wider national interests; deliver the best international trading framework for the UK outside the EU, including through building our capacity to negotiate and administer a national trade policy; and maximise opportunities for wealth creation through supporting inward Foreign Direct Investment, with a renewed focus on Outward Direct Investment.

Reference: P331/17

Updated: 31 July 2017