Leading Sheffield lawyer Paul Firth is calling on the Government to do more to encourage and help new businesses to trade overseas.
Speaking as MADE: The Entrepreneur Festival was about to get underway in the city, Mr Firth said the event had the potential to inspire a generation of new entrepreneurs and create thousands of new jobs.
However, that would only come to fruition if the Government did more to help smaller firms tap in to the overseas markets.
Mr Firth, managing partner at the Sheffield office of law firm, Irwin Mitchell, said: “MADE has a track record for bringing together the country’s most successful business owners, inspiring people and enabling entrepreneurs to find useful contacts who can develop into effective business partners in the future.
“It is crucial however that more barriers to enterprise are removed, otherwise there is a risk that the true potential of MADE will not be recognised.
“UK Trade & Investment, the government department charged with helping UK firms make the most of overseas markets, say that by increasing the number of companies who export by roughly a quarter, about £36 billion could be added to the UK economy.
“Although entrepreneurs could certainly play a role here, more could be done to help them.”
Irwin Mitchell is one of the sponsors of MADE and is also organising a fringe event at which budding entrepreneurs will be able to get free and impartial advice from a lawyer.
The event –‘Keep Calm; Speak to a Lawyer’ – takes place at the MADE Exhibition on Thursday, September 20.