Having verbally agreed to support a certain number of grants for UK companies in November 2017, come Feb 2018 DIT once again, changes what was promised and reduces the number of grants to companies for 2018/19 exhibitions.
In a stunning move UKTI have announced mid year cuts of around £1m to the Tradeshow Access Programme. Companies and ATO's have no choice but to take the financial hit as they are under contract, with many events just a few weeks or months away
A recent survey of SME companies, who have been to overseas exhibitions with an organised UK pavilion in the last three years, has shown that most companies have won up to £100,000 of business as a result.
The Sponsorsí Alliance writes to UK Trade Secretary Vince Cable regarding the Governmentís declared commitment to UK industry and its recent decision to make further cuts in funding to support exports.