Below you will find a press release from the Institute of Export & International Trade about government grants for businesses preparing for Brexit.

New ‘Post Brexit Planning and Compliance' course fully fundable by government grants

The Government's announcement today of recontinued grant funding for businesses preparing for Brexit means that all businesses in London can now get free training in key Customs process on the new ‘Post Brexit Planning and Compliance' course provided by the Institute of Export & International Trade.

The Government grant support means that all businesses can send their team members onto the course for free. The funding is limited, and it is expected that the funds will be used up before the deadline of January 2021.

London exported £25.2bn in goods to the EU in the year up to September 2019, compared to £42bn to non-EU markets. It is essential that businesses in the city gain the skills needed to continue trade into Europe in 2021. Failure to comply with new rules and regulations risks delays at the border, goods being impounded, reputational damage, hefty fines, and in the worst cases imprisonment.

The Government grants can be used for any IOE&IT training course. All IOE&IT courses enable businesses to gain essential skills which are needed for continued trade into Europe once the implementation period finishes at the end of 2021. 

The Institute's new course is the latest addition to its suite of courses created to equip businesses with the knowledge they need to stay on top of an ever changing regulatory landscape.

Businesses need to be able to be able to manage and reduce risks throughout their supply chains, with coronavirus, Australian bushfires, and the US-China trade war all impacting recently.

The opportunity to gain export skills for free, through the grant funding, is therefore one that businesses should look to exploit.

For more information, please visit: https://www.export.org.uk/page/customsgrants or get in touch at: institute@export.org.uk or 01733404400

About the Institute of Export & International Trade

The IOE&IT's mission is to enhance the export performance of the United Kingdom by setting and maintaining professional standards in international trade management and export practice. This is principally achieved by the provision of education, training and practical business support services.

The challenging and often complex trading conditions in international markets mean that our role has never been more vital. The Institute continues to be committed to the belief that real competitive advantage lies in the competence of British businesses. Our future export growth must be underpinned by a sound foundation of knowledge.