Trade and export assistance
The Local Economic Plan supports the notion of exporting goods and services outside of the region – including international trade, in order to grow the economy. There are a range of federal and state government programs that provide advice and assistance to business looking to expand their reach.
Austrade has launched export.business.gov.au, a fully integrated digital service to help Australian businesses grow overseas. Austrade provides data-driven export information, tools and insights to help new exporters and advice about preparing for global growth. It provides more than 3,500 export market profiles allowing businesses to find, compare and choose markets based on their industry and goods.
International Freight Assistance Mechanism
The International Freight Assistance Mechanism (IFAM) is a targeted, temporary, emergency measure put in place by the Australian Government in response to COVID-19. The mechanism provides funding to help keep international freight routes and flights operating into and out of Australia. This program has been extended to September 2021.
IFAM has helped reconnect crucial global supply chains and supported the import of critical medical supplies, equipment and other goods of national importance. It also provides the opportunity, on the outbound legs, for high-value and time-sensitive perishable products to be exported to established markets. More information. You can also contact our local TIQ office for assistance. Details below.
Trade and Investment Queensland
Trade and Investment Queensland (TIQ) is the Queensland Government’s dedicated global business agency, with representation in 15 markets across the world who can help you find and take advantage of export opportunities. There is a Sunshine Coast based TIQ office with experienced trade advisors linked to international network:
TIQ Office Sunshine Coast
Level 2, 100 Sportsman Pde
Principal Trade & Investment Officer
T: 07 5413 7501 M: 0403 580 016
The TradeStart Program provides a network of experienced trade advisors located all over Queensland, including the Sunshine Coast, that are linked to Austrade and Trade and Investment Queensland's international trade networks.
These advisors are trade professionals and support small and medium regional businesses approach the global marketplace. They provide existing and new exporters with:
- export advice
- workshops & skill development programs
- access to international readiness indicators
- information on overseas markets
- trade missions and business introductions
- personalised information for individual businesses.
In partnership with IP Australia and the Department of Industry, Innovation and Science, the Export Council of Australia has launched the “Business Experience Survey on Intellectual Property in Asia” survey.
The survey will collect data on the IP registration and enforcement issues faced by businesses exporting into China and the ASEAN region, and will be coupled with a further qualitative research piece in early 2020. More information is available on the IP Australia website.
The Go Global Export Program provides Queensland’s export-ready small and medium-sized businesses (SMEs) with financial support to enter a new international market.
The Go Global Export Program aims to:
- set up businesses across Queensland for ongoing export success
- assist export-ready companies in overcoming the challenges arising from executing an existing export transaction in a foreign market
- create a pathway for success for new export sales that will create additional employment across Queensland.
There are two levels of funding available:
- Micro Export Grants up to $5,000, and
- Macro Export Grants up to $25,000
The Export Market Development Grants (EMDG) scheme is a financial assistance program for aspiring and current exporters. Administered by Austrade, the scheme supports businesses in a wide range of industry sectors to promote:
- the export of goods and most services
- inbound tourism
- the export of intellectual property and know-how
The program provides up to eight grants to eligible applicants and is designed to:
- encourage small and medium sized Australian businesses to develop export markets
- reimburse up to 50% of eligible export promotion
- assist with expenses above $5,000 provided that the total expenses are at least $15,000
The Export Finance and Insurance Corporation (EFIC) is Australia’s export finance agency assisting small to medium sized enterprises that are in an export supply chain or looking to establish an overseas direct investment.
They operate on a commercial basis and assist with export finance, working capital and export contract bonds.
EFIC provide financial solutions to help business achieve international export success. Additionally EFIC undertake research to understand the export environment and provide educational material and tools to inform businesses on their export journey.
The International Freight Assistance Mechanism (IFAM) is a targeted, temporary, emergency measure put in place by the Australian Government in response to COVID-19. The mechanism provides funding to help keep international freight routes and flights operating into and out of Australia.
The Australian Government has committed an additional $317.1m for the International Freight Assistance Mechanism (IFAM) to keep international supply chains open. The funding includes $95m to cover upcoming seasonal demand and $222.1m to extend IFAM to the middle of 2021.
If you would like assistance, please contact our local TIQ. Office details are listed below:
TIQ Office Sunshine Coast
Level 2, 100 Sportsman Pde