UK Trade & Investment has teamed up with RTC North Ltd to launch the new service that will be of particular interest to companies hoping to establish subsidiaries or joint ventures in countries outside the European Union.
The new project will be run by RTC North's senior consultants Ray Jones and Sandra Innes, who have worked with clients in a range of industries to set up business ventures across Asia and the Middle East as well as the USA. The service aims to help companies sign licensing or product development agreements, create subsidiaries or establish technology joint ventures abroad.
Ray Jones, of RTC North, said:
"By offering specialist support we can significantly improve the success of company projects by helping to create workable operational strategies and ensuring legal and tax issues are dealt with correctly."
David Coppock, UK Trade & Investment's International Trade Director, said:
"We are delighted to be launching this new service through RTC North. International research has consistently shown that greater investment by technology companies in R&D leads to higher growth and higher share prices.
"This service is designed to help technology companies grow internationally, reinforcing their ability to invest in R&D, which in turn enhances their competitiveness and leads to further growth.
"UK Trade & Investment is committed to ensuring the region's companies have all the skills, knowledge and support they need to compete in the world market and we would encourage companies, whether new or existing exporters, to contact us to find out how we can help."
For more information about this and the wide range of support services available through UK Trade & Investment to help your company succeed overseas call the North East International Trade Hotline on 0845 05 05 054 or email: enquiries@ukti.rito.co.uk.
