Queensland business groups and government agencies can apply for grants of up to $1.5 million to facilitate SME export opportunities under the Australian Government’s new Small and Medium Enterprises (SME) Export Hubs funding program.
The program will provide grants to help industry bodies, government agencies and regional development committees establish and operate SME ‘export hubs’ (collaborative groups) across Australia.
The export hubs must support SMEs in one of the following priority sectors:
- advanced manufacturing
- cyber security
- food and agribusiness
- medical technologies and pharmaceuticals
- mining equipment, technology and services
- oil, gas and energy resources.
These sectors align with 6 Growth Centres that are currently being funded by the Australian Government to drive national innovation, productivity and competitiveness.
The export hubs will be expected to collaborate with the relevant Growth Centre to support local SME development.
Grant amounts will range from $150,000 to $1.5 million. To be eligible, applicants must:
- have an ABN
- be an incorporated not-for-profit group, a local or state government body, or a Regional Development Australia committee
- be able to provide at least 50% of the project cost themselves.
Export hubs can support SMEs of all kinds, including regional, remote and Indigenous businesses.
Expressions of interest (EOIs) for the grants close 5pm Monday 15 October.
Applicants shortlisted as a result of their EOI will then be invited to submit a full application.
For more information on funding programs available to support Queensland exporters, connect with TIQ.