Paraytec: winner of ‘Most Prepared to Export’ award

Paraytec – a high-tech developer of scientific instruments based in York has been recognised by UK Trade and Investment (UKTI) and Yorkshire Forward for its export efforts.

The company, which has developed a cutting edge tool for analysing tiny samples of life science materials, received the award after it undertook extensive research and training in order to prepare for exporting its product.

Whilst the ‘ActiPex’ was still in development, the company recognised that its key markets would be Europe and the US, and therefore undertook customer research and training with UKTI that ensured it was fully prepared for exporting.

As a result of its foresight, and participation in the UKTI Passport to Export scheme, the company has already secured distributors in Europe and won a prestigious award at the world’s largest scientific instrumentation conference in Chicago. 

Grants from the Targeted Export Support Scheme, supported by Yorkshire Forward, also allowed the company to visit potential customers and promote its product to new markets.   

The awards – held in Leeds – were hosted by Yorkshire Forward and UKTI to celebrate the export success of companies involved with the Passport to Export programme and Targeted Export Support Scheme, which aim to help companies either start to export or grow their existing export sales or markets.

Speaking at the event, where the company received its award from Michelle Mone, serial entrepreneur and developer of the Ultimo bra range, Mebs Surve of Paraytec commented: “We are absolutely delighted to received this award and grateful for the support that we have received from Alastair Gardner – our trade advisor.  Without TESS support we wouldn’t have been able to put on such a good show when we took our product to the States.”

Simon Hill, executive director of business at Yorkshire Forward added:
“Companies in Yorkshire and Humber have traditionally looked to trade within the region.  Whilst a strong domestic market is important for economic growth, diversity is vital to companies’ stability and growth.

“Paraytec has demonstrated that, with a little research and export support, the opportunities for export success are huge.”

Find out more about Passport to Export
Find out more about the Targeted Export Support Scheme