June 17, 2019

The strategy pledges to boost creative industries’ goods and service exports by 50% by 2023.

The CITIB was set up following the launch of the £150 million Creative Industries Sector Deal, which is part of the Government’s modern Industrial Strategy.

The UK’s thriving creative industries are now worth over £100 billion to the UK economy and the Government says that the Board will amplify this success around the world.

As a result of £1 million additional government funding CITIB members have already helped to promote the UK’s creative sector in ten countries including China and the United States, generating a pipeline of more than £200 million of export opportunities. More than 250 UK companies have also been supported in developing their own export strategies.

The strategy has identified five key strategic markets that should be prioritised in the years ahead – China, USA, Europe, Middle East and Japan.

The strategy was published alongside the Creative Industries Council’s (CIC) top 50 Createch companies “ones to watch” report. The new list showcases the top 50 promising UK based companies and organisations that experts think will deliver new products, services and experiences through cutting edge creative technology. It includes a range of companies from those that are helping to immerse audiences into new worlds through virtual reality, those using Artificial Intelligence to improve manufacturing and those using 3D technology to create new displays. To access the strategy and the top 50 Createch companies report, click here.