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UK govt scraps TAP support scheme for fashion, textile exporters: UKFT
14 Jul '21
2 min read
Pic: UKFT
The UK Fashion and Textile Association (UKFT) recently confirmed that the department for international trade (DIT) has cancelled the popular and effective Tradeshow Access Programme (TAP) with immediate effect. The TAP scheme has been important as it was a popular route to financial support for smaller companies as they start their export journey.
The scheme provided a small amount of financial support to small and medium enterprises (SMEs) attending major international trade shows. UKFT worked with those companies and the government to ensure the grants were used in the most effective way and to help companies grow through international sales, according to a UKFT press release.
Over the years, many household names have been launched at key events using the scheme in Paris, Milan, New York, Shanghai, Berlin and Florence.
These include Paul Smith, Vivienne Westwood, Alex Monroe, Edward Green, Abraham Moon, Tateossian, Jenny Packham, Orla Kiely, Simon Carter, Grenfell, Harris Tweed Hebrides, Sunspel, Christopher Raeburn, People Tree, Kestin Hare, Liberty Fabrics, Folk, Melin Tregwynt, Huddersfield Fine Worsted, Tyler and Tyler, and GH Hurt.
In addition, UKFT has been able to use the scheme to promote the broader industry, including larger companies like Johnstons of Elgin, Begg Scotland, John Smedley, Corgi Hosiery and Dents, who have worked with UKFT to support smaller companies coming through and raise the profile of UK companies at a number of international shows.
UKFT has been told that the treasury will look at ways government can remain involved with international shows but it is not clear whether fashion and textiles will remain a priority or whether grants will be part of any new scheme, UKFT added.
The scheme provided a small amount of financial support to small and medium enterprises (SMEs) attending major international trade shows. UKFT worked with those companies and the government to ensure the grants were used in the most effective way and to help companies grow through international sales, according to a UKFT press release.
Over the years, many household names have been launched at key events using the scheme in Paris, Milan, New York, Shanghai, Berlin and Florence.
These include Paul Smith, Vivienne Westwood, Alex Monroe, Edward Green, Abraham Moon, Tateossian, Jenny Packham, Orla Kiely, Simon Carter, Grenfell, Harris Tweed Hebrides, Sunspel, Christopher Raeburn, People Tree, Kestin Hare, Liberty Fabrics, Folk, Melin Tregwynt, Huddersfield Fine Worsted, Tyler and Tyler, and GH Hurt.
In addition, UKFT has been able to use the scheme to promote the broader industry, including larger companies like Johnstons of Elgin, Begg Scotland, John Smedley, Corgi Hosiery and Dents, who have worked with UKFT to support smaller companies coming through and raise the profile of UK companies at a number of international shows.
UKFT has been told that the treasury will look at ways government can remain involved with international shows but it is not clear whether fashion and textiles will remain a priority or whether grants will be part of any new scheme, UKFT added.
Fibre2Fashion News Desk (DS)
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