Since its launch in February 2016, the Mayor's International Business Programme has helped London-based companies expand into new territories and markets, create jobs, and strengthen their management talent and finances. As Dimitrios Sideris of Genetic Microdevices puts it:
"A technology startup in the UK often finds it difficult to meet the costs of international networking. The Mayor’s International Business Programme has dramatically shortened the distance between our company and our customers abroad."
2016 was a banner year for the cohort members of the Mayor’s International Business Programme:
- More than seven out of ten (71%) of the cohort companies created new jobs in 2016.
- Almost half of them signed new deals (49%) and entered new markets (45%).
- Over one-third of them (36%) secured further funding in 2016.
- And more than one in six (18%) opened new offices.