Delivery Partner for Innovate UK Entrepreneur Mission to Foreign Markets

About

UK Shared Business Services Limited awarded a contract to 100% Open for acting as the Delivery Partner for Innovate UK activities to help young businesses in the smart cities/urban living sector access overseas markets and investment.

The mission was run in partnership with UKTI as a hybrid of a standard trade mission and an Innovate UK entrepreneur mission, taking 10-15 young, innovative UK companies (in a total delegation of 20 companies) to overseas markets to rapidly build their networks, know-how and ambition.

Places were competitive, requiring applicants to demonstrate a scalable smart cities solution, a strong team, and a fit with the market in the Mission location.

The balance of places was taken up by larger more established firms who might also be potential clients for the entrepreneurs.

The mission supported SMEs to network with potential customers, partners and investors; improve their profile through PR coverage; refine their pitch to potential investors and to suit the target market; gain insight into doing business in the target market; and raise their ambition and accelerate their plans.

The contract value was £40,143.