New £20 million fund to support SMEs in Shropshire welcomed

Global Freight Services has welcomed moves by the government to provide £20 million of funding to support small businesses who need help getting to grips with new export rules. 

The Chancellor has announced a new SME Brexit Support Fund which will be made available to small and medium sized businesses who want to continue trading with Europe but need help navigating their way through new customs and VAT procedures. 

SMEs who trade only with the EU will be able to apply for grants of up to £2,000 under the new scheme to pay for practical support including training and professional advice. 

Anton Gunter, managing director, said: “The announcement of the SME Brexit Support Fund is good news for all those small businesses who want to continue trading with Europe but do not have the expertise or knowledge to deal with complex customs processes. 

“This funding means many SMEs will now be able to bring in the expertise they need to keep up to speed and deal with the new procedures including new import controls which will come into effect in April. 

“We’re confident this grant assistance will enable small businesses to keep moving forward with their European export growth plans and we look forward to assisting as many Shropshire businesses as we can.” 

The fund is set to be administered through the pre-existing Customs Grant Scheme and will open for applications next month. 

Here at Global Freight Services, we have worked with hundreds of businesses over the last 25 years and we have been working closely with the Federation of Small Businesses over recent months to assist SMEs through the transition period. 

Our knowledge of international markets means we can advise you on the best methods of shipment for your goods, help you navigate customs procedures and other regulations and in many ways become an extension of your business.  

If you need help navigating your way around the new European trade rules, get in touch by either emailing or calling 01952 270 699 for more information.