North Carolina businesses look to the UK for growth

The UK’s ‘untapped potential’ will be unveiled at a free event later this week for military businesses in North Carolina hosted by Invest In Cornwall and the North Carolina Military Business Centre (NCMBC).

According to NCMBC, the UK presents lucrative opportunities for companies knowledgeable about the US International Traffic in Arms Regulations (ITAR). The training event on Thursday 27th September provides an opportunity to learn more about doing business with the British Ministry of Defence (MoD), defense product export, as well as the import and sales protocols of the UK government.

Invest In Cornwall has invited Gregg Kervill, a former program manager for the British MoD Rapier missile system, to talk about how to better target and tailor military and defense focused sales activity. The seminar will also include advice from Mike Alloca, an expert in international logistical management.

Kervill comments: “Entering into an unknown market can be a daunting prospect but potentially very lucrative if you do your homework first. Understanding key differences between the US and UK market is essential; from getting to grips with different health and safety legislation to making sure products have European conformity marks before they go to market.”      

The seminar will also provide information on how US businesses can establish a permanent presence in the UK and will highlight the funding and support available to help companies set up an overseas office.  

This is an area in which Invest In Cornwall specializes. The organization, funded by Europe exists to help companies set up operations in and capitalize on business opportunities in the South West of the UK – which can help accelerate European growth.

Supported by unique financial incentives, the Aerohub is located at Newquay Cornwall Airport which has one of the longest runways in the UK (2.7km), meaning it can support aircraft of any size as well as offer direct access to the North Atlantic and the growing Eastern markets, and is adjacent to the largest development site in the South West of the UK.

Registration prior to the event is required. To register, visit: http://www.ncmbc.us/2012ITARS/index.php or for more information contact Bill Greuling, operations manager at the North Carolina Military Business Center on 910-578-2626.

For those who cannot attend, the program will be available for sale on DVD from Phoenix Technical Group. The DVD seminar contains over 4Gb of information and is based on more than four weeks of research as well as top level policies for the UK MoD, EU defense organizations and NATO.  Among the resources included are Europe’s equivalent to US NAISC codes, videos explaining CE Marking of Defence and Military Products, and contact information for several hundred key companies and people. For further information or to order, go to: www.PhoenixTechnicalgroup.com/UK-MoD-Info.

ENDS

For further information please contact:

Richard Chapman or Eleanor Rymer on 0117 929 2311 or [email protected]/ [email protected]

Notes to Editors

This press release has been developed by Invest in Cornwall. Invest in Cornwall is a project funded by the Convergence European Regional Development Fund and Cornwall Council. Invest in Cornwall is part of Cornwall Development Company (CDC), Cornwall Council’s arms length economic development company. CDC is commissioned by Cornwall Council to contribute to the delivery of the economic vision for Cornwall.

The Invest In Cornwallproject is part financed by the Convergence European Regional Development Fund Programme 2007 to 2013. The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs. For more information visit www.communities.gov.uk/erdf


Tuesday 25 September 2012