Welsh SMEs given access to £1.6M export scheme

Welsh SMEs were given access to a £1.6M exporting programme

Small and medium-sized (SME) food businesses in Wales looking to break into global markets can now access a €1.8M (£1.6M) programme aimed at increasing competitiveness, the Welsh government has announced.

The nation has joined the Atlantic Area Export Project, which supports businesses from across the Atlantic Arc to work together to overcome the barriers smaller businesses in the sector face when they try to expand into international markets.

Exports grown by 20%

Welsh ​food and drink exports ​have grown by almost 20% in the past year​, according to the Welsh government​. Currently more than 72% of food and drink is exported directly from Wales to the EU, a figure that rises to 90% for Welsh red meat, it said. 

Lesley Griffiths,​ cabinet secretary for e​nvironment and rural affairs, said just one breakthrough can be a ​“real game changer, providing a significant boost” to ​its rural economy.

“We will continue to push the UK government to prioritise full and unfettered access to the Single Market and avoid any new barriers which impede Welsh food and drink businesses from operating effectively,” he said.

‘Many opportunities’

“There are many opportunities and we are supporting our food and drink sector to be in a position to make the very best of these.”

The Welsh government has pledged to invest £2.4M over the next two years to expand the food and drink industry’s export market and raise Wales’s global profile.

In March, ​it revealed that​ £21M would be made available through Project Helix to help smaller food manufacturers in Wales increase production and reduce waste. The project has since supported 162 SMEs, and safeguarded 120 jobs.

Related News

Boosting food and drink exports is the aim of our one-day conference on October 5

Exports conference: still time for early-bird ticket

Gove: ‘Provenance matters because our future does not lie in a pile it high sell it cheap race to the bottom’

Provenance key to food exports, claims Michael Gove

Exports were one of the top growth opportunities for food and drink manufacturers

Food manufacturing opportunities revealed in EEF plan

Beware a shotgun trade deal that compromises UK standards, warns Barry Gardiner

Food firms should beware a ‘shotgun US trade deal’

Food and drink manufacturers voiced their concerns over the impact of Brexit on their businesses

Food Manufacture survey reveals Brexit fears

Representatives drew up a 10-point checklist to protect the supply chain after Brexit

Sector bodies issue government 10-point Brexit checklist

Related Products

See more related products

Submit a comment

Your comment has been saved

Post a comment

Please note that any information that you supply is protected by our Privacy and Cookie Policy. Access to all documents and request for further information are available to all users at no costs, In order to provide you with this free service, William Reed Business Media SAS does share your information with companies that have content on this site. When you access a document or request further information from this site, your information maybe shared with the owners of that document or information.