Sunday, August 18

Export Grants & Assistance Available In Australia

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Exporting provides a significant net economic benefit to Australia and so is supported by various grants and assistance programs at all government levels. While there are also potential benefits to the business from exporting, there are also potential risks and costs in servicing a distant market. An export strategy should be prepared before tacking an overseas market. Once you have your strategy, the following incentives and assistance are available to facilitate your export success: 

  • Export Market Development Grant
    Reimbursement of up to $150k based on 50% of eligible export marketing costs, claimable by the principle in the transaction for promoting Australian products, processes, services, know-how and trademarks.  The first claim can include eligible expenses for the last 2 financial years.  The scheme is underfunded at $150m and the maximum grant payable is more likely to be closer to $50k. www.austrade.gov.au/Australian/Export/Export-Grants 
  • TradeStart
    TradeStart is delivered in partnership with State, Territory and local governments, industry associations and chambers of commerce to assist SME exporters achieve long term success in international markets It is a partner support program (fee for service) to access experienced advisors to locate distributors or customers overseas, develop market entry strategy or work with an export advisor.
    www.austrade.gov.au/Australian/How-Austrade-can-help/Trade-services/TradeStart
  • Landing Pads
    Provides short term (90 day) access to some of the world’s most renown innovation and start-up ecosystems including Berlin, San Francisco, Shanghai, Singapore and Tel Aviv.
    www.business.gov.au/assistance/landing-pads-program
  • Defence Global Competitiveness Grant
    Provides matched grants of up to $150,000 to defence companies for capital equipment (including specialist software and security infrastructure), design and engineering, or workforce training and accreditations. www.business.gov.au/assistance/defence-global-competitiveness-grants
  • Duty Drawback Scheme
    A refund for customs duty paid on imported goods that are subsequently exported can be claimed within 4 years of the date of export.
    www.abf.gov.au/importing-exporting-and-manufacturing/exporting/duty-drawback-scheme 
  • Tradex Scheme 
    Providing and upfront exemption for both customs duty and GST for goods intended to be re-exported resulting in cash flow benefits. 
    www.business.gov.au/Assistance/Tradex-Scheme
  • Trade Missions and Exhibitions – NSW
    Providing export-ready NSW companies with an effective way to identify new business opportunities and acquire the knowledge and connections critical to export success including a gateway for participants to connect with export opportunities as well as significant industry-specific markets visiting from overseas.
    www.industry.nsw.gov.au/export-from-nsw/export-assistance/trade-missions-and-exhibitions 
  • NSW Export Labs
    The NSW Export Lab is an exciting program that brings NSW exporters together to examine export “under the microscope” and to drive export success. The NSW Export Lab is for export ready business operators who are open to new ideas and keen to energise and grow their international business.
  • Access Program – Vic
    This program aims to offer facilities, export-related assistance and in-country expertise to Victorian company representatives visiting overseas markets. 
    www.business.gov.au/assistance/access-program-vic
  • Trade Mission Program – Vic
    The Victorian Government, through its Trade Mission Program, takes Victorian organisations to key overseas markets to showcase Victoria’s capabilities in key industries, and to introduce the participants to potential buyers, investors and trading partners. 
    http://trade.vic.gov.au/for-exporters/trade-missions/about-our-trade-missions
  • International Travel Business – Vic
    Grants of up to $2000 are available from Film Victoria to eligible Victorian-based practitioners working across the games sector who are planning to attend the 2019 Game Developers Conference (GDC) in San Francisco. 
    https://www.film.vic.gov.au/funding/travel 

Information on the various export grants is useful, however it is critical that grant applications are successful. For assistance to successful claim export grants and secure assistance contact Pattens Group at grants@pattens.com or on 1800 GRANTS. Pattens were recently awarded Best Grants Consultant for the third consecutive year.

Written by Bruce Patten: With over 30 years’ experience securing government grants, Bruce is regarded as the grants expert. Both he and his team have a passion for helping businesses succeed. Pattens have a long list of successful clients who received the government funding needed for export, research, development, management, commercialisation, exportation, small business support… and the list goes on.

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