Develop Regional Trade and Investment Action Plans (Initiative 12)

In 2018, TIQ established regional Trade and Investment Groups (TIGs) across Queensland. With members bringing together key regional representatives such as local governments and chambers of commerce, the TIGs enable collaboration of key trade and investment issues and opportunities.

In 2020, the TIGs have proved to be vital to addressing the challenges thrown up by COVID-19.

In 2019, TIQ introduced the Go Global Export Program. The program is designed to overcome some of the export barriers when working with a new buyer and/or in a new market, such as:

  • 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.

The first year of the Go Global Export Program (2019–20) resulted in 37 export-ready SMEs from across Queensland being granted almost $730,000 to support them to enter new international markets.