The Government launches a New Digital Trade Hub to stimulate Exports

greatOf the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service mistakenly believe there isn’t a global demand for it.

The new digital trade hub, GREAT.gov.uk, was launched on 14th November and forms part of a push to help a further 100,000 more UK businesses export by 2020. Through e-exporting alone government intends to deliver an additional 20,000 online exporters and £2 billion worth of value to the UK economy by 2020.

The site will act as a 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 the world’s leading online marketplaces.

By registering, 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.

Businesses will be able to access the best advice and financial support through GREAT.gov.uk from government, from public and private sector business champions, and from GREAT partners, all specifically designed to help them to grow and succeed through exports.