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Weekly Trade Update: 12/12/24

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Weekly Trade Update: 12/12/24
New Government Business Growth Service
Export boost for female owned businesses
Customs 101 – Part Six

New Government Business Growth Service

A new government service to support SMEs with growth was announced this past week on Small Business Saturday. SMEs often express that they find the business support landscape complicated. With hopes to address this problem, this new service will streamline SMEs access to help, support and advice, launching in the first half of 2025. The Business Growth Service was inspired by successful international business support agencies and will be an integral part of the Government's Small Business Strategy next year.

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Export boost for female owned businesses

UK Export Finance (UKEF) and Female Founder Finance have partnered to help more women-owned businesses access export finance, helping to boost growth and take their business international. This partnership will refine the process for referring eligible businesses into both of the financing programmes, reducing the missed opportunities for female owners.

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Customs 101 – Part Six

The last video in our Customs 101 video series covers AEO, three powerful letters in international shipping. You might be thinking, what is that? Authorised Economic Operator, or AEO for short, is a partnership between businesses and customs to enhance security and visibility throughout supply chains. DHL has AEO status. So, what’s your benefit? International shipping is made easier and will involve less paperwork for your business.

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