$20M Export Hubs grants for SMEs launched

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The federal Minister for Industry, Science and Technology the Hon Karen Andrews MP has launched the Small and Medium Enterprises (SME) Export Hubs grant opportunity.

The $20 million SME Export Hubs grant opportunity will provide grants from $150,000 to $1.5 million over four years to help establish and/or operate Small and Medium Enterprises (SME) export hubs in the six Growth Centre sectors. The export hubs will work with Growth Centres to facilitate SME export opportunities. The grant amount will be up to 50% of eligible project costs.

This complements existing initiatives, such as those delivered through the Australian Export Finance Corporation – Efic, the Australian Trade and Investment Commission – Austrade, the Entrepreneurs’ Programme, and the Industry Growth Centres Initiative.

This grant opportunity will be delivered through a two-stage competitive selection process.

Applications for Expressions of Interest will close 15 October 2018 5:00 pm AEDT.

Some Fast Facts:

Objectives are to:

  1. Support the establishment and/or operation of SME 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
  1. Support SME development through facilitation of export opportunities and working with the Growth Centres.

Who can apply:

At a minimum, you must:

  • have an Australian Business Number (ABN), and
  • be one of the following entities:

* an incorporated not-for-profit organisation

* an Australian local government agency or body

* an Australian state/territory government agency or body

* a Regional Development Australia (RDA) committee

For further information and the program guidelines visit business.gov.au/SMEEH.

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IMAGE: Kaique Rocha and Social Toadstool

DISCLOSURE: Startup News’ Charlie Gunningham works for the Entrepreneur’s Program.