Expand your export horizons with TIQ's New Market Program

Expand your export horizons with TIQ's New Market Program

If your business is considering to grow new markets through exports, Trade & Investment Queensland's (TIQ) New Market Program can help you.

TIQ’s New Market Program is designed to help Queensland exporters discover opportunities in new overseas markets to help overcome the challenges of the past year.

The program includes grant funding of $2,500 to $30,000 (excluding GST) to help experienced exporters identify new opportunities in overseas markets they have not previously traded in, with the support of TIQ’s Queensland-based staff and international network of Trade and Investment Commissioners and offices.

International Business Development Managers will help you identify the activities to be funded, creating a Client Action Plan which will set out the key areas of focus and agreed activities as part of your application.

In the first round of the program, the focus will be on the TIQ priority markets listed below, with a particular emphasis on South East Asia and India.

  • China
  • Europe
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Korea
  • Latin America
  • Middle East
  • New Zealand
  • North America
  • Singapore
  • Taiwan
  • United Kingdom

Eligibility Criteria

Only one application per funding round will be accepted per business.

To be eligible to apply for the New Market Program you must:

  • have a valid Australian Business Number (ABN) and be registered for GST
  • be headquartered in Queensland
  • 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
  • not be a subsidiary of a group of companies that has 200 or more full-time-equivalent employees in total
  • have exported in the last three years and be seeking to export to a new market
  • provide a 1:1 matched cash contribution to the project for eligible project costs (refer Table A – Funding conditions)
  • not use Commonwealth, State, Territory 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 a TIQ-endorsed Client Action Plan identifying one or more markets and activities to enter into the targeted market in agreement with a TIQ representative
  • not have worked with TIQ to realise an export outcome for the identified ‘new’ market over the last three years.

Note: grant eligibility may be at the discretion of the CEO in extenuating circumstances.

More detailed information is available in the program guidelines (PDF, 378KB) and application guide (PDF, 380KB)

How can you apply

REGISTER NOW


Applications close at 1.00pm on Monday 31 May. We recommend you start your application no later than Monday 24 May, giving you enough time to work on your action plan with your local Trade Advisor before applications close.

Learn more about the program

One of TIQ’s core objectives is to grow diversified exports by assisting businesses to reengage with international markets and activate their market re-entry strategies following COVID-19.

The New Market Program has been developed to:

  • promote economic and market expansion
  • help ambitious, capable Queensland businesses with an internationally competitive offering develop and grow into new markets by developing capability, providing market intelligence, accessing networks and making valuable connections
  • create a pipeline for success for new export sales that will create additional employment across Queensland.

If you have any questions, please email grantsmanagement@tiq.qld.gov.au

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