Government announces NEW £20 million SME Brexit Support Fund

26 Mar 2021

In February 2021, the Government announced the launch of a £20 million SME Brexit Support Fund, which offers support to help small businesses adjust to new customs procedures, rules of origin, and VAT rules when trading with the EU.

SMEs who trade only with the EU, and are therefore new to importing and exporting processes, can apply for grants of up to £2,000, to pay for practical support including training and professional advice to ensure they can continue trading effectively with the EU.

Eligibility: The SME Brexit Support Fund could give you up to £2,000 if your business has up to 500 employees, and no more than £100 million annual turnover.

For more information on the SME Brexit Support Fund, click here

Full guidance on how you can use the grant, who can apply and how to apply, click here

The Institute of Export provides good courses to train staff in importing / exporting procedures and documentation for more information on such courses click here

The BFPA may be able to secure a 25% discount on the IoE courses – please contact chrisbuxton@bfpa.co.uk for more details.