QUEENSLAND EXPORTERS THE BACKBONE OF THE STATE'S ECONOMY
23rd February 2023
The latest round of a highly successful grants program is helping Queensland businesses take their products to the world.
Fourth round of Trade and Investment Queensland’s Go Global Export Program funding will provide critical support for Queensland businesses with export ambitions.
The $750,000 funding pool will help Queensland businesses overcome common exporting barriers faced when entering new international markets, such as accreditation, logistics, product trials and packaging.
35 businesses received match-funding grants of up to $25,000 in the latest round of Go Global grant funding delivered through Trade and Investment Queensland.
First launched in February 2020, the Go Global Export Program has provided a total of over $2.88 million to 137 applicants. Of these recipients, 61 per cent were based in regional Queensland.
“The contribution of export to a flourishing economy is compelling" says The Treasurer and Minister for Trade and Investment, Cameron Dick.
“Queensland businesses continue to prove their passion for their products and innovative services, and their tenacity for taking them to the world.
“Ongoing support and investment in our exporters is vital. When we stand behind Queensland exporters they unequivocally deliver.”
Queensland’s goods exports are now valued at $137.2 billion.
Exporters contribute nearly a third of our annual economic output and higher-paying jobs in both regional and urban areas.
The Queensland government is investing an extra $150 million over the next decade to supercharge and deliver the 10-year Trade and Investment Strategy launched in June 2022.
Of this $150 million, five million is allocated for grant programs such as Go Global.
Trade and Investment Queensland assists exporters and attracts investment. The dedicated business agency has 18 overseas offices in 14 key markets and a regional Queensland network.