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.
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.
Funding will provided to Tasmanian businesses that demonstrate that the Activity which is the subject of their application will lead to a new trade opportunity. This may involve exploring a new market with an existing product or service; or promoting a new product or service in an existing market.
The Program has an annual financial year allocation and the Program will be closed if the allocation for any financial year is fully exhausted.
Tasmanian Businesses looking to increase the value of products or services sold can apply and
assistance may be provided if the following criteria are satisfied:
- The business must have an Australian Business Number and be registered for GST.
- The business’s products and services must be produced, transformed or value-added in Tasmania, and be dispatched from Tasmania
- The business must demonstrate the necessary capabilities, resources and capacity to undertake the trade development Activity.
A business cannot receive in excess of $10 000 per financial year under this Program.