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Internationalising means developing the value chain on a global market, taking medium to long-term strategic actions aimed at making your company increasingly competitive.
The first step in the internationalisation chain is the export activity.
In order to provide SMEs with a complete picture of Sistema Italia’s measures to support internationalisation, the Government has launched the portal www.export.gov.it, a tool dedicated to Italian companies that helps them find their way in the export world and access all services more easily.
On the platform, you can access the section dedicated to regional services and consult the area dedicated to the FVG Region at the link.
Contact us for further information: segreteriasprint@finest.it
In an increasingly globalised and interconnected market, it is essential for your company to undertake internationalisation, a strategy that proved successful even during the economic crisis caused by the Covid-19, which saw multi-localised companies reacting better and holding their own in the market.
The process of internationalisation is linked to the concept of growth and competitiveness, and often depends on several factors, ranging from the supply of raw materials and intermediate goods to the presence of particularly favourable conditions for your business.
Developing the market abroad means being able to compensate for the stagnation of domestic demand and, if it is true that the propensity to internationalise is proportional to the size of the company, SMEs must also learn to act like small multinationals, with the logic of presence on world markets and appropriate organisation and governance.
Internationalisation is the result of proper planning, assessment of the target market, and identification of the approach that best meets the company’s needs, be it ‘follower’, ‘make where you sell’ or ‘Increase of the Global Chain Value’.
THE DIFFERENT LOGICS OF INTERNATIONALISATION:
Follower: A company that sets its market strategy on the basis of the choices of one or more leading companies;
Make where you sell: A company producing close to its sales markets;
Increase of the Global Chain Value (GCV): ‘pocket’ multinationals: not only production, but also logistics, marketing etc. abroad. For SMEs, internationalisation takes the form of a greenfield project abroad or the strengthening of production lines in Italy (SMEs can join the GCV of a larger company).
The SPRINT FVG network is at your disposal to support you throughout the entire internationalisation process.
Write to us at: segreteriasprint@finest.it or fill in the support request form (link to page)
For a first overview of financial internationalization instruments, watch the video.
SISTEMA NORDEST PER L’INTERNAZIONALIZZAZIONE
The Sistema Nordest per l’internazionalizzazione project sees the Friuli Venezia Giulia and Veneto Regions as promoters of a wide-ranging joint programme of activities to support the internationalisation of Triveneto companies. The project launch event was held on 19 July 2021, live streamed from the digital room of the Padua Trade Fair.
The purpose of the agreement between the two regions is to maximise the synergistic cooperation between the actions of FVG and Veneto in the field of international economic relations and strategic infrastructure endowments in order to improve the process of internationalisation of enterprises through the implementation of a series of jointly identified and planned actions, which will have to take into account the objectives specified in art. 3, as summarized below:
a) elaboration and joint implementation of specific initiatives and projects concerning the sustainable economic development of the territories covered by this Agreement, as well as the improvement of the enterprise culture and of the quality of the production structure, also through entrepreneurial animation activities with the involvement of stakeholders and third parties in order to favour forms of partnership also public/private even on a transnational scale;
b) enhancement and support of the production sectors identified as primary by the parties involved in this Agreement from time to time;
c) design and implementation of promotional and information activities, with particular reference to multimedia, organisation of business support missions and other activities aimed at gaining knowledge of international markets;
d) identification and support of investment opportunities abroad by Italian companies, in particular SMEs, subject to the necessary positive repercussions in the national sphere, identifying as priority countries those from which the accessions referred to in the following article come. 6;
e) dissemination of knowledge on subsidised finance for enterprises;
f) attracting investment, particularly from abroad, to the North East.
Among other initiatives in the field, companies will be able to participate in a professional training programme to develop export and internationalisation in a digitally-enhanced world, with a special focus on cyber security and the logistics of goods and people. Internationalisation towards the Balkan area is a key element in the design of the ‘Sistema Nordest’, also with a view to shortening the supply chain following the pandemic crisis.
The subjects involved in the project guarantee a wide impact on the territory of the Sistema Nordest: in addition to the Friuli Venezia Giulia Region and the Veneto Region, Finest S.p.A., Sprint FVG, Unioncamere Veneto, the Chamber of Commerce and Industry of Serbia in Italy and the Croatian Chamber of Crafts of the Istrian Region, the Chamber of Commerce of Treviso and Belluno and Venicepromex are also participating.
The working group is destined to expand, with the entry of the Autonomous Province of Trento and the consequent definition of new common projects: the Sistema Nordest per l’Internazionalizzazione will thus be completed.
You can review the launch event of 19 July 2021.
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