South Australia Export Accelerator: Submit Applications Now!

South Australia Export Accelerator: Submit Applications Now!

South Australia Export Accelerator (SAEA) is a competitive grant program that supports South Australian small to medium-sized enterprises to expand into international markets.

Categories

Grant funding is available under three streams:

Export Accelerator

  • Funding of up to $30,000 (minimum $5,000) for SMEs to export. SMEs are required to match the grant funding dollar for dollar.
  • SMEs can apply multiple times to a maximum cumulative amount of $30,000. Once this funding has been exhausted, SMEs can apply for the New Market Entry stream.

New Market Entry

  • Funding of up to $15,000 (minimum $5,000) for SMEs to export into a new market. SMEs are required to match the grant funding dollar for dollar. Applicants can apply for the New Market Entry funding when they have exhausted their $30,000 allocation under the ‘Export Accelerator’ stream.
  • Multiple applications can be submitted for each new market.

Consortium (New funding stream)

  • Funding of up to $200,000 (minimum of $50,000) for consortiums of at least three SMEs to undertake collaborative export activities, on a matched funding dollar for dollar basis.
  • Joint activities include, but are not limited to, joint retail/distribution channel campaigns, eCommerce marketing, branding and freight optimisation and consolidation.
  • An industry association is eligible to apply for this stream as long as they demonstrate financial commitment from its participating members to undertake the proposed activities.

Eligibility Criteria

  • Be a registered South Australian business or have significant business operations based in South Australia.
  • Have an ABN, be registered for GST and have a minimum annual turnover of $75,000.
  • Be from, or supporting, one of the following Growth State priority sectors (a consortium bid does not require the companies to be from the same sector):
    • Creative industries
    • Defence industries
    • Energy and mining
    • Food, wine and agribusiness
    • Health and medical industries
    • Hi-tech
    • International education
    • Space industries
    • Tourism.
  • Have less than 200 FTE employees working for their business.
  • Have generated sales revenue for a minimum of 24 months in South Australia.
  • Be willing to provide information and data, including financial information (e.g. financial statements) for the past 24 months as required.
  • Have a tradeable, export-ready good or service that is produced in South Australia.
  • Be able to enter into a legally binding grant agreement with the South Australian Government.
  • Be able to commit and make a financial contribution that matches the grant funding requested dollar for dollar, with evidence of available matched funding.
  • Have not received or sought funding from another source (such as local, state or the Australian Government) to support proposed activity.
  • Have met, if relevant, all grant agreement obligations associated with active SA Export Accelerator Grants from previous rounds.

Applications Close: October 1, 2021.

To apply visit here

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