The Department for International Trade (DIT) today announces that it is actively recruiting UK FinTech companies for its second annual UK Trade Mission to New York Fintech Week.
The mission, taking place from 16 – 20 April in New York City, offers British FinTech companies the opportunity to showcase their expertise to the US market, engage with US regulators and gain valuable insight into overcoming barriers to doing business overseas.
Companies should submit their application using the online portal no later than 23.59 GMT on 16, February 2018.
DIT Head of FinTech, Tomas Helm, said:
“With ten of the delegates from the 2017 mission winning more than £5 million worth of contracts, and a social media reach of over 14 million interactions, clearly the demand for UK FinTech in the US is only increasing.
“We’re excited to build on the success of that mission, and this year, are expanding our reach so we can continue bringing the best of British to the US market.”
NY FinTech Week offers participants a bevy of business-building opportunities, including five days of workshops, networking events and one-to-one meetings with business leaders. Ideal candidates for the trade missions are companies that are actively entering the US market or who have US clients. Previous missions have seen UK companies learn best practices about US expansion strategy and business development, as well as network with top-level industry executives and provide feedback to US regulators.
CEO of Enforcd, Jane Walsh, said on the benefits of being part of the DIT delegation:
“The 2017 trade mission to NY FinTech Week was a great opportunity to meet US regulators and firms and had an impressive and full programme organised.”
The 2018 Mission to NY FinTech Week will comprise of a pre-mission briefing in London in March, full access to the Empire Startups FinTech Conference on April 18, 2018, as well as regulatory discussions with experts and US regulators.
The British Embassy in Washington’s First Secretary, Benedict Wagner-Rundell, said:
“The UK is undisputedly a global leader in FinTech innovation, and our regulatory system reflects that. This mission is an opportunity not only to highlight British expertise, but also to increase collaboration and foster conversation with policy makers and regulators in the States.”
Accepted delegates will be notified by 20 February, 2018 and must secure their space in the delegation by 23 February, 2018.