Helping Businesses to export and create new opportunities

Published: Comments:
Australian Government Business Business & Economy Political Small Business

This is an archived copy of an article. It is online for informational purposes only.

The Minister for Industry, Science and Technology, Karen Andrews, has launched a $20 million program that will help small and medium businesses grow, export and generate local Australian jobs.

The Small and Medium Enterprises (SME) Export Hubs Initiative, announced in the 2018–19 Budget, will fund successful applicants to develop local and regional hubs that will help local firms begin to export.
"Beginning to export can be challenging but there are massive opportunities for Australian firms to take their products, processes and services to big markets in our region and around the world, increasing revenue and creating new jobs," Minister Andrews said.
"Export hubs will help Australian companies overcome these challenges and begin to export.
"We know that this sort of practical assistance can be invaluable for local businesses.
"For example, FIAL – the Food and Agribusiness Growth Centre – helped Melbourne business Crazy Dragon to create contacts and networks across Asia. It has started to export dumplings to China and now forecasts to double its revenue in twelve months.
"The hubs will help businesses team up with other firms and through activities such as developing collective brands, take advantage of local infrastructure to boost business operations, and position regional businesses to participate in global supply chains.
"The Coalition Government is committed to supporting businesses of all sizes to take their products and services to the world."
The program will fund new and existing export hubs in the priority Growth Centre sectors: Advanced Manufacturing; Cyber Security; Food and Agribusiness; Medical Technologies and Pharmaceuticals; Mining Equipment, Technology and Services; and Oil, Gas and Energy Resources.
The SME Export Hubs Initiative will complement existing initiatives, including the Industry Growth Centres Initiative, the Entrepreneurs' Programme, and services and programs delivered by Austrade, including the Export Market Development Grants scheme.
The initiative will provide matched funding of up to $1.5 million for up to four years from 2018–19 to 2020–21. Matched funding can come from sources other than the Commonwealth, such as state and local governments and industry.
The SME Export Hubs are part of the Taking Local Business Global initiative announced by the Coalition Government to help businesses to maximise opportunities – using their resources, skills and networks to improve their productivity and grow exports and jobs.
For more information about the initiative and how to apply visit

Australian Government :
Canberra ACT 2600, Australia Wide
02 6277 7111
Australian Government
Showing 8 recent articles for this business
National Museum welcomes Parliamentary Committee call for National Resting Place for Indigenous Remains 21 December 2018 | The National Museum of Australia in Canberra has welcomed a recommendation by a federal parliamentary committee that the Australian Government consider the establishment of a National Resting Place in the national... More information...
Joint exhibition commemorates 2019 Australian of the Year state and territory recipients 13 December 2018 | A supporter of teenage parents, a cave diver and rescuer, an athlete and disability spokesperson, an anaesthetist and cave diver, a journalist and women's advocate, an AFL champion and community leader, a child... More information...
Supermarkets on notice to comply with Trade Measurement Laws 12 November 2018 | The National Measurement Institute (NMI), Australia's authority on measurement, today announced a two week 'blitz' in the lead up to Christmas on compliance with trade measurement regulations in Australia's major... More information...
New start-up sets sights on fruit fly 18 October 2018 | The Coalition Government is helping Australian farmers through a new tech start-up taking aim at Australia's biggest biosecurity barrier to trade: the fruit fly. More information...
Innovation precincts to boost growth 05 October 2018 | Australia's innovation precincts will help drive industry research cooperation and economic growth, according to a new publication released today. More information...
Helping Businesses to export and create new opportunities 19 September 2018 | The Minister for Industry, Science and Technology, Karen Andrews, has launched a $20 million program that will help small and medium businesses grow, export and generate local Australian jobs. More information...
Boosting Science and Jobs Through Clever Investment 12 September 2018 | Investments in nine high-tech companies have already created more than 100 new jobs with the support of CSIRO's venture fund, which is backed by the Australian Government and the private sector. More information...
Chief Scientist's Term Extended 05 September 2018 | The Australian Government has extended Dr Alan Finkel's term as Australia's Chief Scientist for a further two years to the end of 2020. More information...

comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service