UK Trade & Investment (UKTI) helped more than 40 Australian companies successfully establish themselves in the UK last year and some 1000 Australian companies are already set up and doing business in the region.
To encourage further investment, UKTI has launched Go UK – a business plan competition open to Australian and New Zealand businesses with an interest in expansion to the UK.
Entries are open for Go UK participants to submit their business plan online with close of entries on Friday 3 February 2012.
The finalists for each region/category will be announced in February 2012 and the Australian winners and final prizes will be awarded at a cocktail reception in March in the following locations:
- Sydney (covering all NSW, ACT and WA entrants);
- Melbourne (covering all VIC, SA and TAS entrants); and
- Brisbane (covering all QLD and NT entrants).
Go UK gives Australian and New Zealand companies the chance to win business support packages that include British Airways return airfares to London, meetings with potential business partners, client contacts, business networks, Company formation (branch/Ltd), and employee support services, as well as ongoing UKTI support to expand to the UK and Europe, and then the world.
Richard Morris, Director General of UK Trade & Investment in Australia and New Zealand, says now is an opportune time for Australian businesses to expand into the UK.
