The funding is intended to support UK professionals such as architects, auditors and accountants export their services where their UK professional qualifications are not mutually recognised in the destination country, or where additional qualifications are required to support the export of those services. 

The funding will be available through The Recognition Arrangements Grant programme that runs until 31 March 2025, with grants of up to £75,000 per financial year awarded to UK regulators and professional bodies. 

The announcement from the DBT details the following: 

• Government committing £500,000 to help UK professionals such as architects, auditors and accountants export their services around the world  
• Grants of up to £75,000 are on offer for UK regulators to strike deals to get UK qualifications recognised overseas, which could help UK firms win international contracts   
• Previous rounds helped secure recognition arrangements with Switzerland and New Zealand

This third round of funding follows two previous rounds of successful funding in this area and is intended to facilitate the international recognition of UK-qualified professionals, allowing them and their companies to focus on winning contracts, exporting their expertise abroad and growing their businesses. 

Additional details are available at the following link