Accelerating Trade Grant Program
Initiative 4.1 under the Tasmanian Trade Strategy 2019-2025 (‘the Strategy’), the Accelerating Trade Grant Program helps Tasmanian businesses to collaborate, expand their presence and introduce Tasmanian products and services to the world.
- Funding is available to Tasmanian businesses on a co-contribution basis to support market research and business-matching services, promotional activities and materials, attendance at domestic and international trade shows and events. It will also be available to assist with in-bound buyer visits to Tasmania, study tours, travel to undertake marketing activities, supply chain efficiency improvements and cluster development.
- The Program has been updated for 2020-21 to recognise and reflect the impact of COVID-19 on Tasmanian businesses, and to support them in accelerating trade outcomes into the future. The Program now supports businesses to undertake activities that will enable them to re-establish or re-connect with eligible markets and customers where relationships or supply has been interrupted by COVID-19. The revitalised Program also supports new e-commerce opportunities and increased online promotion.
- Preference will be given to businesses from key sectors, targeting priority markets, as outlined in the Strategy noting that for the purposes of this Program, the domestic market is taken to mean the Australian mainland.
- Grants will be provided on a co-contribution basis, up to a maximum of $10 000 in any one financial year per applicant.
- The Program has an annual financial year allocation and the Program will be closed if the allocation for any financial year is fully exhausted.