Deadline: 11 September 2023
Trade and Investment Queensland’s (TIQ) Go Global Export Program (GGEP) is designed to provide export-ready Queensland small and medium-sized businesses (SMEs) with financial support to cover the eligible project costs of finalising a sale into a new international market.
TIQ recognises that there are export sale barriers that are difficult to overcome when working in a new market. While there is significant support along a company’s export journey – in terms of market awareness, planning and preparation – funding of up to $25,000 (ex-GST) will be available to Queensland SMEs. This is to assist their export outcomes and support TIQ’s purpose of driving global business opportunities that create jobs and prosperity across Queensland.
Program Objectives
One of TIQ’s core objectives is to assist Queensland businesses with an internationally competitive offering, by developing capability, providing market intelligence, accessing networks and making valuable connections.
The objectives of the GGEP are to:
- Provide an initial support platform for 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.
Funding Information
Up to $25,000 (excluding GST) for projects of up to 12 months duration.
Eligible Project Costs
- The grant is available to support project costs that improve the ability of your business to export goods or services or engage in international trade. Costs attributed to ordinary, everyday operations of your business are not eligible.
- Eligible project costs include but are not limited to:
- external costs for export business advisory services and tools, for example:
- market entry requirements, e.g., registrations, documentation, and compliance
- professional advice (accounting, financial, legal) on contract negotiation, IP protection, counterfeit protection, or attracting funding to scale-up to meet demand
- external costs for export business advisory services and tools, for example:
- external costs of product testing and redesign, packaging and labelling required to meet an export market requirement
- external costs to gain export accreditation and free trade agreement documents (expenses incurred to gain various export related accreditation for, but not limited, to Good Manufacturing Practice, Hazard Analysis Critical Control Point or Halal accreditation)
- external costs of a trial export program e.g., logistics involved in delivering the first export activity in a new market (product samples or trial shipment with no commercial outcome or return on investment)
- external costs associated with product approvals, installation, training, operations, and maintenance required for a new client or market. Travel is only accepted for these defined activities and not for any business development purpose.
Eligibility Criteria
To be eligible to apply for the GGEP the applicant organisation must:
- have fully acquitted any previous GGEP grant from TIQ
- have an active Australian Business Number (ABN) and be registered for GST
- be headquartered in Queensland
- submit only one application per eligible business or financial beneficiary under each round
- be a company incorporated in Australia or be an incorporated trustee applying on behalf of a trust
- have no more than 200 full-time-equivalent employees and not be a subsidiary of a group of companies that has 200 or more full-time-equivalent employees in total
- have a project and export outcome capable of being completed within 12 months
- be pre-qualified by TIQ as export-ready (NB. do not need to be currently exporting) have the buyer pre-qualified by a TIQ Trade Advisor
- have documented proof of proposed sale for the export of goods or services (into a new market)
- provide evidence of a one-to-one matched cash contribution to the project for each eligible project costs (refer Table 1 – Funding conditions)
- not use Commonwealth, State or local Government grants towards their one-to-one matched cash contribution
- produce and export Queensland products and not act as a consolidator or distributor of Queensland, other domestic or imported products.
For more information, visit TIQ.