Commonwealth business opportunities event to take place in Inverness showcasing doing business in Australia, Singapore and India
Businesses in Scotland looking to start or increase international sales in Commonwealth countries are being invited a free workshop hosted by Highlands and Islands Enterprise (HIE) and Scottish Development International (SDI).
The event sees exporting experts based in Asia travel to the Highland capital to join local companies willing to share their experiences of doing business abroad.
The event, on 30 July at Eden Court in Inverness, will focus on three of the Commonwealth’s most significant economies - Australia, Singapore and India.
Specifically for businesses who are interested in exporting into different markets and for those who are new to exporting, it aims to help businesses developing international trade and partner opportunities with these key Commonwealth countries.
Market specialists from SDI, the international arm of the Scottish Government and its enterprise agencies, and the Asia Scotland Institute will be on hand to highlight and discuss topics such as market opportunities, political and economic considerations, support available to businesses, cultural considerations and routes to market. Local case businesses sharing their successes and challenges to date include the Loch Ness Brewery, The Maclean Electrical Group and Biomatrix Water.
According to figures from SDI, Australia is already in the top 20 of Scottish export destinations and the third largest market for our oil and gas expertise. Singapore is worth £500 million in Scottish exports every year, whilst India has the second fastest growing economy in the world.
Biomatrix Water is an ecological technology company based in Moray, working primarily in the water sector, which has installed projects in the UK, USA, Philippines, India and China. Galen Fulford, Managing Partner, Biomatrix Water said “In our industry of environmental restoration and management there is greater demand for services in developing countries such as India and linking Scottish technology skills to the developing world has offered a great opportunity for our business. We are pleased to be able to offer technical skills, support and systems to help India effectively manage its limited and precious water resources. SDI has been a great support in helping us to develop opportunities abroad. I’m looking forward to sharing our experiences with attendees at the event”.
Laura Robertson, development manager at Highlands and Islands Enterprise, said: “This event is being organised by HIE to bring some of the Commonwealth talent visiting Scotland this summer to the Highlands, to share their expertise. The combined gross domestic product of the Commonwealth is expected to grow significantly faster than the Eurozone over the next five years and Australia, Singapore and India are key to this growth. This event will highlight to businesses the substantial opportunities for doing business with our Commonwealth neighbours while providing practical, expert advice for entering these markets or exporting for the first time.”
The workshop is aimed at new and existing exporters and places are free, but please register in advance by visiting: www.hie.co.uk/commonwealth
One-to-one clinics with selected speakers and sector specialists from SDI's Food and Drink and Energy teams are also available on request for any business wishing to discuss specific points.