Round two of the small and medium enterprises Export Hubs initiative is now open.
This Australian Government initiative supports industry to coalesce around resources in local and regional areas, with the aim to access international markets and drive the growth of jobs. The funding goes towards not-for-profit organisations which can support the establishment or operation of a new or existing export hub.
The grant complements existing initiatives, such as those delivered through the Export Finance Australia (formerly Efic), the Australian Trade and Investment Commission - Austrade, the Entrepreneurs’ Programme, and the Industry Growth Centres Initiative.
SMEs may be local, regional, remote and/or Indigenous.
The objectives of the grant opportunity are to:
- support the establishment and/or operation of SME export hubs (export hubs) in the six Growth Centre sectors:
- Advanced Manufacturing
- Cyber Security
- Food and Agribusiness
- Medical Technologies and Pharmaceuticals
- Mining Equipment, Technology and Services
- Oil, Gas and Energy Resources.
- support SME development through facilitation of export opportunities and working with the Growth Centres.
Key facts about the Export Hub Grants
- The minimum grant amount is $150,000.
- The maximum grant amount is $1.5 million.
- The grant amount is up to 50 per cent of eligible project costs.
- The maximum grant period is two years five months.
- Projects must be complete by 30 June 2022.
- A webinar will be held to provide information on the program, the application process and the Growth Centres and their priorities – date to be confirmed.