Economic Solutions's International Trade team organised the first Northern Powerhouse trade mission at the end of July.
Led by Business Secretary Sajid Javid, the mission took 62 northern companies and organisations to Singapore and Malaysia, underlining the government’s commitment to the creation of a Northern Powerhouse. The delegation represented a total turnover in excess of £10 billion, with a combined workforce of over 50,000.
The visit ran alongside the Prime Minister’s 4 day visit to South East Asia. Also in South East Asia were: the Minister for Trade and Investment, Lord Maude, and Minister for Small Business, Industry and Enterprise, Anna Soubry.
At the NPH business event in Singapore the Prime Minister David Cameron, said: “The government is committed to ensuring the UK’s northern regions play their part in rebalancing our economy. With so much untapped potential, I’m delighted to be part of this first Northern Powerhouse trade mission – the first of what I hope will be many.”
The delegation included civic leaders from Leeds and Manchester, Chambers of Commerce and Universities from across the North, and a wide range of businesses. The Northern Powerhouse is celebrating successes and NW business wins including:
- Manchester-based SME FutureEverything has won a contract from the Singapore Government worth £500,000, which will see it explore the Smart Nation through digital culture, developing a Smart Nation Innovation Lab and conference
- Cheshire-based Cambridge Dream, which runs international ‘Leadership and University Preparation’ summer schools at Cambridge University, has signed a memorandum of understanding with Malaysia-based Brighton Education Group; the 2 education organisations will work together on projects to equip young people across ASEAN with the knowledge and skills to realise their academic and career aspirations
- Vernacare, designs and produces a single-use, human waste management system that reduces the risk of infection within the healthcare sector. Vernacare’s single-use system is used in 94% of UK hospitals and in over 48 countries. With the assistance of UK Trade and Investment the company has recently begun exporting to Singapore, capturing around 24% of their hospital market.