Tony Baldry
Main Page: Tony Baldry (Conservative - Banbury)Department Debates - View all Tony Baldry's debates with the Department for Education
(10 years, 7 months ago)
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Sir Tony Baldry (Banbury) (Con)
17. What steps he is taking to help small and medium-sized businesses to export.
The Minister for Skills and Enterprise (Matthew Hancock)
Last year, we supported more than £4 billion of export finance, which is more than in any other year for a decade. This week, we announced additional funding to enable UKTI to support 3,000 more medium-sized businesses.
Matthew Hancock
I am a strong supporter of the transatlantic trade and investment partnership. The trade deal between the EU and Canada is a big step forward and provides a basis on which we can build TTIP. The involvement of small businesses in TTIP will provide them with extremely valuable support in creating jobs.
Sir Tony Baldry
We have some excellent exporters in north Oxfordshire, such as Norbar Torque, E. P. Barrus, Crompton Technology and Prodrive to name but a few. Those companies generate jobs themselves and through the contracts that they give to local SMEs. What is my hon. Friend doing to support SMEs in the export supply chain?
Matthew Hancock
Across the Department, we work to support supply chains. Specifically, UKTI’s high value opportunities programme targets 100 projects that are based globally. That programme supports not just the primes, but their supply chains in Oxfordshire and across the country.