The State Government is offering up to $200,000 in grants to small and medium-sized businesses looking to expand into overseas markets, in a revamp of the SA Export Accelerator (SAEA) Program.
First introduced in August 2018, the program has undergone a review, with the funding categories revised in a bid to give a greater pool of small to medium sized businesses access to the grants. New activities within the funding stream have been introduced to support exporters that are seeking entry to new markets.
Due to changes in the criteria, companies that were once unable to apply may find that they can now access funding. The programme is administered by the Department of Trade and Investment and provides grants for activities such as marketing and promotion, freight and logistics, export training and market access support.
To be eligible, businesses applying must be from one of the nine Growth State priority sectors, which are:
- Creative industries
- Defence industries
- Energy and mining
- Food, wine and agribusiness
- Health and medical industries
- International education
- Space industries
The revamped SAEA program has an emphasis on providing education to businesses looking overseas for the first time, with a new workshop program for rookie exporters.
Grant applications for the new program are now open. Submissions received by October 1 will receive an assessment notification by November 12. To view more details please visit the website.