Volcanic is in talks to secure investment that will lead to business growth at its head office and overseas
Volcanic was invited on a trade mission backed by the UK government and attended by the Chancellor of the Exchequer the Rt Hon Philip Hammond to the Shenzhen Stock Exchange (SSE). The mission, a joint venture between the London Stock Exchange ELITE programme and the SSE, set out to introduce ambitious UK technology businesses to potential investors in the region.
The benefits of government backed trade missions
Volcanic has benefited greatly from its participation in trade missions. Founded in 2010 as a provider of technology to the UK recruitment industry, Volcanic expanded into the global market in 2016, opening a development centre in Malaysia and a sales office in Australia after joining then Prime Minister David Cameron’s delegation to South East Asia.
The China trade mission took place from 9-18 December 2017 and was organised by the London Stock Exchange ELITE. Delegates met with representatives of international business and investors at the Shenzhen Stock Exchange, the Qianhai Free Trade Zone, Shenzhen, and the Zhongguancun Science Park, Beijing.
Volcanic has seen a tenfold increase in orders over the last two years, and the company’s rapid growth trajectory is continuing.
Robert Wilde, CEO at Volcanic, attended the trade mission together with operations director Ben Easterbrook.
Robert said: “Small organisations looking to grow need to think globally. There are huge opportunities for overseas investment, especially in our post-Brexit climate, as the UK government is looking to establish stronger trading links with Asia. This trade mission marks the culmination of a hugely successful year for Volcanic - and we’re now setting a platform for strong growth in 2018 and beyond.”
Volcanic has grown significantly in the last two years to service an international client base and establish a robust presence in Asia-Pacific and recognises the importance of trade missions to bring investment and growth to the North West.
Robert continues: “Volcanic’s Asia expansion and investment has opened up new opportunity within the global market, where we have been able to leverage international trade opportunities to grow our domestic business in the North West. The funding raised also supported further R&D in our ground-breaking technology and Volcanic has taken its place as the UK’s largest provider of recruitment and staffing websites and job boards. Today, we drive 15 percent of all UK agency recruitment applications.”
Volcanic is supporting the recruitment industry towards GDPR compliance ahead of the May 2018 deadine. Download your free guide to GDPR for recruitment agencies.