The Go Global Export Program (GGEP) is designed to provide export-ready Queensland small and medium-sized businesses (SMEs) with financial support to cover the eligible project costs of finalising a sale into a new international market.
Deadlines and Timings
Applications are open and will close on 11 September 2023 at 1PM AEST.
Overview and Grant Amount
The objective of the GGEP are to:
- provide an initial support platform for businesses across Queensland for ongoing export success
- assist export-ready companies in overcoming the challenges arising from executing an existing export transaction in a foreign market
- create a pathway for success for new export sales that will create additional employment across Queensland
The grant funding of up to $25,000 (excluding GST) is available to Queensland SMEs under this program. Successful applicant organisations must commence projects within 90 days of execution of the funding agreement. Payment of grants will be made in instalments based on project milestones.
Eligibility and Criteria
To be eligible to apply for the GGEP the applicant organisation must:
- have fully acquitted any previous GGEP grant from the Trade and Investment Queensland (TIQ)
- have an active Australian Business Number (ABN) and be registered for GST
- be headquartered in Queensland
- submit only one application per eligible business or financial beneficiary under each round
- be a company incorporated in Australia or be an incorporated trustee applying on behalf of a trust
- have no more than 200 full-time-equivalent employees and not be a subsidiary of a group of companies that has 200 or more full-time-equivalent employees in total
- have a project and export outcome capable of being completed within 12 months
- be pre-qualified by TIQ as export-ready (NB. do not need to be currently exporting)
- have the buyer pre-qualified by a TIQ trade advisor
- have documented proof of proposed sale for the export of goods or services (into a new market)
- provide evidence of a 1:1 matched cash contribution to the project for each eligible project costs
- not use Commonwealth, State or Local Government grants towards their 1:1 matched cash contribution
- produce and export Queensland products and not act as a consolidator or distributor of Queensland, other domestic or imported products
- provide evidence of their ability to meet the required matched cash contribution through provision of latest profit and loss and balance sheets as at the date of application
- ensure expenditure on eligible project costs occurring after the date of grant opening is at the applicant’s own risk, as there is no guarantee that the application for funding will be successful
The grant is available to support project costs that improve the ability of your business to export goods or services or engage in international trade. Costs attributed to ordinary, everyday operations of your business are not eligible. Eligible project costs include but are not limited to:
- external costs for export business advisory services and tools, for example: (a) market entry requirements, e.g., registrations, documentation, and compliance; (b) professional advice (accounting, financial, legal) on contract negotiation, IP protection, counterfeit protection, or attracting funding to scale-up to meet demand
- external costs of product testing and redesign, packaging and labelling required to meet an export market requirement
- external costs to gain export accreditation and free trade agreement documents (expenses incurred to gain various export related accreditation for, but not limited, to Good Manufacturing Practice, Hazard Analysis Critical Control Point or Halal accreditation)
- external costs of a trial export program, e.g., logistics involved in delivering the first export activity in a new market (product samples or trial shipment with no commercial outcome or return on investment)
- external costs associated with product approvals, installation, training, operations, and maintenance required for a new client or market; travel is only accepted for these defined activities and not for any business development purpose
GGEP funds, and the applicant’s 1:1 matched cash contribution, cannot be used to cover ineligible project costs which include (but are not limited to):
- any program, project or activity that is subsidised directly by another government agency
- activities that are elsewhere covered by contributions from other agencies, including but not limited to local, state or federal government grant or reimbursement programs
- participation in study tours or other missions, regardless of the organiser
- participation in, or contribution to, booth, expo or event costs
- cost of inventory or raw materials in the production of the good or service
- travel for business development purposes
- internal costs of routine operational business activities (i.e., staff expenditure, food and beverage expenditure)
We have over 15 years of experience preparing EMDG and R&D tax incentive claims and can assist in making sure you receive your maximum rebate.
Working with us means you get the maximum grant with minimum risk and effort. Our expertise includes R&D Tax Incentive registration and tax schedules, Export Grants, Capital Expenditure and Infrastructure Grants.
Get in touch with us and let’s discuss this more in detail.
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