[State Government media release]
The Queensland Government has launched a new $1 million export grants program to help local exporters take on the world.
The new ‘Go Global’ program delivered by Trade and Investment Queensland (TIQ) will help Queensland businesses launch their products in global markets.
Queensland has around 7,300 goods-exporting companies, of which 40 per cent are based in regional Queensland.
Under the program, successful applicants will receive micro-grants up to $5,000 and macro-grants up to $25,000.
The funds are to help companies overcome barriers to exporting when working with a new buyer or in a new market, including:
- Market-entry requirements such as registration, documentation and compliance
- Costs associated with product testing and redesign, product approvals, trial export programs (logistics), meeting export market requirements, and seeking professional advice on contract negotiation, IP advice, and counterfeit protection
- Gaining export accreditation such as Good Manufacturing Practice, Hazard Analysis Critical Control Point or Halal accreditation
Summer Land Camels from Harrisville has participated in previous TIQ initiatives focused on increasing Queensland companies’ exposure to export markets, including overseas trade missions.
CEO Jeff Flood said the company already exports to China, Hong Kong, the US and New Zealand and is targeting new markets in Europe, Asia and the Middle East.
“We’re getting online orders from all over the world, so we know there is strong demand,” he said.
“A program like this would give us exactly the sort of practical assistance we need to get a start in some of those new markets, because finding distribution partners and getting our products onto store shelves is always a challenge and funding new activities before we have new cashflow is tricky.
“We have some pretty big ambitions and support like this will be vital to us realising them.”
Applications for the first round of Go Global grants are now open and close on 28 February 2020 with further rounds to follow.
More details on Go Global grants can be found on the Trade and Investment Queensland website at www.tiq.qld.gov.au/goglobal