40 entrepreneurs are being offered the opportunity to become global enterprises by forging business connections with China. However, they will have to be quick, as they only have until Friday May 29 to submit their applications.
The Go Global Mission, which is being sponsored by HP, PayPal, HSBC, UK Trade and Investment (UKTI) and the British China Business Council, is offering 40 start-ups who might otherwise not be able to afford such a trip, the chance to participate in a three-day trade mission to China this September to help them establish trade links in Asia.
Within the group of 40 subsidised places, six will be free for finalists in the HP Go Global Awards, with two overall winners receiving an award for Best Breakthrough Exporter of the Year and Next Breakthrough Exporter of the Year. However, everyone on the trip will have the chance to meet Shanghai’s leading entrepreneurs and will be introduced to Alibaba contacts at its Hangzhou headquarters.
A spokeswoman for Enterprise Nation, which is organising the mission, said that exploring the Chinese market is an unprecedented opportunity, particularly for small firms that would not otherwise be able to undertake this kind of mission alone.
The Chinese economy is expanding at a rate of more than £600bn a year and in 2013, the UK exported £12.4bn of goods there, making China the UK’s biggest export market.
Interested entrepreneurs should apply to Enterprise Nation without delay and will be notified in June whether or not they have made the mission. Last year’s Enterprise Nation trade trip to New York gained a combined £400,000-worth of business for the entrepreneurs on the trip.