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BusinessUnlocking global markets: How Manchester firms are competing internationally

Unlocking global markets: How Manchester firms are competing internationally

Manchester has long been a beacon of industrial innovation, but in today’s globalised economy, the city’s businesses are making waves far beyond UK borders. With its strategic location and robust infrastructure, Manchester is emerging as a powerhouse for firms looking to tap into global markets.

This article explores how businesses in Manchester are breaking barriers and successfully competing internationally. 

Innovation as a launchpad

One of Manchester’s strongest assets is its innovative edge. Companies here are leveraging cutting-edge technology and creative solutions to stand out in competitive global markets. For instance, Manchester-based tech firms are creating groundbreaking solutions in artificial intelligence, fintech, and e-commerce that set trends globally. 

A key example is the use of advanced tools, such as a driving licence scanner, for identity verification of driving licences. This technology also extracts data from different passports, ID cards, and other identity documents. These cutting-edge technologies demonstrate Manchester’s ability to merge local ingenuity with global applications. 

Strong support for exporting

Manchester provides a wealth of support to help businesses expand internationally. Initiatives such as the Department for Business and Trade (DBT) export growth schemes offer resources and funding for companies ready to explore new markets. The Greater Manchester Chamber of Commerce also plays a pivotal role, providing guidance on export logistics, market entry strategies, and trade regulations. 

Businesses in sectors like manufacturing, textile, and food production, historically strongholds for Manchester, are diversifying and scaling to meet demands in Europe, Asia, and America. This strategic positioning, combined with government support, ensures a smoother transition into global markets. 

Collaboration and networking

Collaboration has always been a cornerstone of Manchester’s business ecosystem. Through partnerships with international trade organisations and participation in global expos, Manchester firms gain access to new markets and build credibility overseas. 

The city’s annual participation in major trade events, such as the International Business Festival, gives local businesses a platform to showcase their offerings to a global audience. Additionally, Manchester’s universities play an important role in connecting businesses with academic expertise and international student networks that open doors to foreign markets. 

Adapting to cultural nuances

Another factor contributing to Manchester’s global success is its emphasis on cultural adaptability. Firms investing time and resources into understanding local customs, language, and market preferences are better positioned to succeed abroad. This approach is evident in how many Manchester businesses tailor their marketing strategies and product offerings to align with international customer needs. 

By embracing cutting-edge technology and staying adaptable to market demands, Manchester firms continue to solidify their position as leaders on the global stage. These innovative strategies and collaborations are paving the way for a brighter, more interconnected future, empowering local businesses to grow and succeed internationally. 

Future prospects

As global markets evolve, Manchester remains poised to lead. With investments in infrastructure, such as the expansion of Manchester Airport and improvements in digital connectivity, the city offers an ideal launchpad for businesses aiming to go global. 

Endnote

Manchester firms are not just expanding, they’re thriving internationally, proving that with the right mix of innovation, support, and adaptability, any business can unlock the doors to global markets. For businesses still hesitant to make the leap, Manchester’s success stories stand as an inspiring testament to what’s possible when local ambition meets global opportunity. 

Helen Greaney
Helen Greaney
I'm a journalist with more than 18 years' experience on local, regional and national newspapers, as well as PR and digital marketing. Crime and the courts is my specialist area but I'm also keen to hear your stories concerning Manchester and the greater North West region.
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