The UK’s next International Festival for Business (IFB), the largest business showcase in the world, will take place from 13 June to 1 July next year in Liverpool as was recently announced by business secretary Vince Cable.
The main goal for this business festival is to enable thousands of British businesses opportunities to forge international bonds and further opportunities for global expansion. Max Steinberg, chairman of next year’s International Festival for Business, said that “IFB 2016 will bring together the world’s business community to deliver a first-class showcase that represents the global marketplace and reinforces Britain’s international reputation as a destination for trade and investment.”
IFB 2016 is a part of the GREAT Britain campaign which showcases the best of what Britain has to offer. The campaign’s slogan summarizes the cause; “We welcome the world to visit, study and do business with the UK.” The event will take place over three weeks and include activities, networking and deal-making.
Last year was the inaugural IFB event and was credited with stimulating over £200 million in trade and investment deals. Vince Cable noted that last year’s festival “was a demonstration of our determination for the UK to remain a top destination for foreign investment.” Take a look below for key summary statistics from IFB 2014:
Outlooks are optimistic that this year’s event will be even more successful than last year! This year’s festival will only take place over three weeks instead of seven, as was the case at the 2014 IFB. IFB 2016 looks to connect two key audiences: international brands in Britain and UK companies with ambitions to export globally. The preview event which took place a few days ago in London centred around these two group with a focus on the experience of international brands in Britain and the growing aspirations of UK companies with export ambitions. Along these groups there is an overall focus on manufacturing, the sciences, and innovation.
Steinberg noted “IFB 2016 will be a unique opportunity for thousands of businesses to open a new frontier: forging global connections, sharing ideas and exploring the potential of deals with new international partners.”
The showcase event will display approximately 40 innovative, exciting British products and services. If you belive your business to be one of these, the organisation encourages you to get in touch. As the event is still in its infancy stages, the opportunities are endless.
For more information and to keep updated on the latest news about the International Festival for Business, keep an eye on their website.