United Kingdom Financial Innovation Partnership (FIP) Trade Mission
The International Trade Administration (ITA) is organizing a financial services trade mission in conjunction with the United States - United Kingdom Financial Innovation Partnership Initiative from June 27 to 29, 2022.
Limited sponsorship opportunities are available. Please inquire with USUKFIP@trade.gov.
The purpose of the U.S. – UK Financial Innovation Partnership (FIP) trade mission is to expand opportunities for U.S. companies at the intersection of financial services, technology, and international commerce. The FIP was established in May 2019 with the intent of encouraging collaboration in the private sector, sharing information and expertise about regulatory practices, and promoting growth and innovation. The FIP focuses on two main areas – regulatory engagement and commercial engagement. The FIP also seeks to promote a dynamic private sector that supports entrepreneurs and new business models as a necessary driver of financial innovation.
The FIP commercial engagement pillar provides the private sector with enhanced and regular opportunities to engage with UK industry associations and market participants. Participants in the FIP Trade Mission will gain market insights, make industry contacts, solidify business strategies, and discuss enabling policies, with the primary goal of increasing U.S. exports of products and services to the UK.
Targeted industry sectors include payments, lending, cross-border finance and blockchain, although this list not exhaustive. Contact our Mission Team for more information.
The application deadline is passed and all spots are filled.
*Note: The final schedule and potential site visits is subject to change and will depend on the availability of host government and business officials, specific goals of mission participants, and ground transportation.
Possible June 30 spin-off to Belfast. Please contact the Mission Team for more information.
The mission is designed for U.S. firms and organizations who play a part in the industry, especially those with products in the following categories:
- Payments
- Lending
- Cross-border trade finance
- Blockchain
This list is not intended to be exhaustive of all opportunities, but shows best prospect sectors. Applications from companies selling products or services within the scope of this mission, but not specifically identified, will be considered and evaluated by the International Trade Administration on a case-by-case basis.
Fees & Expenses
- $1,500 USD for small or medium-sized enterprises
- $2,450 USD for large firm or organization
- $750 USD for each additional firm participant
*Expenses for travel, lodging, most meals and incidentals will be the responsibility of each mission participant.
The U.S. – UK FIP trade mission will include, where available:
- Meetings with national and/or local government officials, chambers of commerce, and business groups;
- business appointments with pre-screened potential business partners, such as buyers, agents, distributors and/or joint venture partners;
- and networking receptions for companies and trade associations representing companies interested in expanding and developing business in the United Kingdom.
Recognizing that each participant’s objectives and opportunities will be different, this mission strives to blend structured activities at the group level with a high degree of customization through individual matchmaking appointments. Final meetings and introductions will be based on the overall composite of confirmed participants and availability of outside parties.
To participate in the mission each applicant must certify that the products and services it seeks to export through the mission are either produced in the United States, or, if not, are marketed under the name of a U.S. firm and have at least fifty-one percent U.S. content by value. In the case of an organization, the applicant must certify that, for each entity to be represented by the organization, the products and/or services the represented firm or service provider seeks to export are either produced in the United States or, if not, marketed under the name of a U.S. firm and have at least 51% U.S. content.
Applicants must submit a completed and signed mission application and supplemental application materials, including adequate information on their products and/or services, primary market objectives, and goals for participation no later than April 15, 2022. The U.S. Department of Commerce will review applications and inform applicants of selection decisions on a comparative basis.
Submitting an application is indication of your interest to participate in the mission. No fees are due at the time of registering your intent to join the mission. Once you are invited to join the mission payment of mission fees and the signature of the participation agreement is then due in order to participate in the mission.
Applications received after the deadline will be considered if space and scheduling constraints permit.
Vincent Tran
International Trade Specialist
Office of Finance and Insurance Industries
Washington, DC
T:(202) 482-2967
Vincent.Tran@trade.gov
Gemal Brangman
Director
Trade Events Management Task Force
Washington, DC
T: (202) 482-3773
Gemal.Brangman@trade.gov
Christine Kelley
Commercial Attache
U.S. Commercial Service London
T: +44 (0)20 7891 3419
Christine.Kelley@trade.gov
Peter Sexton
Director, Global Financial Services Team
U.S. Commercial Service New York City
T: (212) 809-2647
Peter.Sexton@trade.gov
Stephen Brown
Commercial Specialist
U.S. Commercial Service London
T: +44 (0)20 7981 3451
Stephen.Brown@trade.gov
Blake Murray
International Trade Specialist
Office of Western and Northern Europe
Washington, DC
T: (202) 482-6435
Blake.Murray@trade.gov