CBI Scotland has joined the Scottish Government in an initiative to help Scotland reclaim its place as a first-class exporter and a trading nation. First Minister Nicola Sturgeon and Trade Minister Ivan McKee provided details of peer-to-peer mentoring to support the next wave of Scottish exporters.
With just 70 companies currently responsible for around half of Scotland’s exports, Ms Sturgeon said that more has to be done to ensure that Scottish companies embrace global markets and experience the productivity benefits of exporting.
“We will work closely with industry on how we can achieve our ambition, and I’m very pleased that CBI Scotland are supporting us with our export challenge,” she went on.
An investment of £2 million will create 100 new business-to-business peer mentorships each year for companies aiming to start selling to overseas markets, the First Minister explained.
In addition, the Scottish Government will offer intensive support to 50 businesses already exporting so that they can increase their overseas activity.
CBI Scotland Director Tracy Black said: “Against the backdrop of Brexit, there’s real urgency for Scottish companies to take bold steps and claim their space in a competitive global economy. Hesitancy just won’t do and could see us lose ground to our most important competitors.”
A CBI report, Winning Worldwide: Making Scotland a Bolder, Bigger and Better Exporting Nation, can be found here.
While recognising that trade policy is reserved to Westminster, this looks at actions the Scottish Government can take to support businesses in Scotland to expand their international activity.
Last reviewed 30 November 2018