UK 

On 11th February 2021，UK government announced a £20 million SME Brexit Support Fund to support small and medium-sized businesses (SMEs) adjust to new customs, rules of origin, and VAT rules when trading with the EU. Traders will be able to apply for a grant of up to £2,000 to pay for practical support for importing and exporting. The fund will help businesses to prepare for the implementation of import controls which come into force from April and July, and to help SMEs access the professional advice needed in managing a suite of changes arising from Brexit.

Smaller firms simply cannot manage many of the processes themselves and require experts across a range of areas to assist with trade continuity. This support package delivers on the IoD’s longstanding campaign to help SMEs access the professional advice needed in managing a suite of changes arising from Brexit.

 Argentina 

The Minister of Productive Development, Matías Kulfas, announced today with the Secretary of Small and Medium-sized Enterprises and Entrepreneurs, Guillermo Merediz, a new call for the Competitiveness Support Program (PAC), which will allocate Non-Refundable Contributions (ANRs) of up to $1,500,000 for 7,000 business development projects that improve the competitive advantages of MSMEs. MSMEs that have projects to digitize and automate processes, incorporate design and innovation into their production, implement sustainable practices, optimize and certify the quality of their production processes and develop exports, will be able to apply for NSAs of up to $1,500,000 to finance up to 70% per business development project.