Up to $10,000 is available from Access Asia Business Grants to help businesses enter Asian markets, develop Asia business capability and create jobs.

 

Access Asia Business Grants

The Access Asia Business Grants (AABG) is a grant program established by the Western Australian Government, Department of Jobs, Tourism, Science and Innovation that supports Western Australian businesses in priority sectors enter Asian markets, develop Asia business capability and create jobs.

Applications can be made by small to medium enterprises (SMEs), Asian business organisations and industry associations to use the grant to assist with their Asian market access in one of Western Australia’s priority trade and investment sectors, being:

  • Those sectors nominated by the Department of Jobs, Tourism, Science and Innovation (JTSI) Asian Engagement Strategy. For 2019 priority sectors, refer to Appendix 1 of the guidelines.

 

Objectives

The key objectives of the Access Asia Business Grants (AABG) are to:

  • Support the delivery of Asian Engagement Strategy outcomes.
  • Increase engagement between Western Australia and Asia.
  • Increase awareness and understanding of doing business in Asia.
  • Increase investment and exports between Western Australia and Asia.
  • Support the diversification of the Western Australian economy.
  • Increase jobs for Western Australians.

 

Funding

Funding of up to $10,000 (excl. GST) will be available to assist successful applicants engage with Asia.

 

Eligible Projects

Access Asia Business Grants (AABG) can only be spent on non-capital expenditure required to deliver the project. Non-capital expenditure must only be for:

  • Marketing expenses:
    • Development of marketing strategy which supports market entry into Asia.
    • Marketing collateral to be used to target Asian markets ie production of brochures, images, videos, and digital materials (materials must be targeted towards Asian markets. Funding cannot be spent on general business marketing).
    • Advertising expenses in target Asian markets
    • Translation costs of written/verbal marketing materials aimed at Asian markets.
  • Business and strategic planning that supports market entry into Asia.
  • Asia capability training conducted locally or internationally (i.e. Asian business cross cultural training or Asian business etiquette training).
  • Participating at a recognised trade event or mission visit in-market:
    • Display booths at forums/events.
    • Delegation forum/event registration fees.
    • Interpreter services in market; and
    • Flights and accommodation expenses.*
  • Hosting a business meeting/product showcase in-market.
  • Commissioning of Asian in-market research.

*Eligible expenditure on flights and accommodation:

  • Limited to 1 x return economy airfare, and must provide quote when submitting application; and
  • Accommodation limited to hotel rooms rated up to three stars or the equivalent cost of what the Department would consider being a three star rated hotel room. Quote must be provided when submitting application.

Example of how the grant could be used:

  • Participating at a recognised trade event or mission visit.
  • Marketing expenses in target markets to promote your business/organisation.
  • Commissioning of in-market research on trade and investment opportunities.

Where funding is allocated, it will be on a competitive basis to those applicants clearly demonstrating they meet the eligibility criteria.

 

Eligible Applicants

Meeting the eligibility criteria does not automatically entitle applicants to assistance under this scheme. The scheme is a competitive process and a limited number of grants will be available for the 2019 round of the AABG.

All applicants must be either/or:

  • A small to medium enterprise (SME):
    • Be a solvent WA based SME that employs less than 200 people; and
    • Cannot be a subsidiary of another company.
  • A bilateral business organisation ie Asian Business Council or Asian Business Association
    • Be a legally constituted ‘not for profit’ organisation recognised by JTSI; and
    • Must demonstrate that they have undertaken trade and investment activities in the last five years.
  • An industry association
    • Be a legally constituted ‘not for profit’ organisation recognised by JTSI; and
    • Must demonstrate that they have undertaken trade and investment activities in the last five years.

All applicants must also:

  • Be a legal entity in possession of a current Australian Business Number (ABN) or Australian Company Number (ACN).
  • Operate to the benefit of Western Australian companies/organisations.
  • Demonstrate that the proposal will generate strategic economic benefit for the Western Australian economy, contribute towards the diversification of the Western Australian economy and contribute towards the increase in Jobs for Western Australians.
  • Participate in future program evaluation activity.
  • Have evidence of a net co-investment of matched funds at a rate no less than 20:80 of applicant to State Government funding.
    • All co-investment items may be subject to an independent audit.
  • Have not received nor is likely to receive, other State funding for the same project/initiative.
  • Declare any funding they have received from federal government for the same project/initiative.
  • Ensure eligible expenditure be incurred on or after the date the Financial Assistance Agreement is executed, and expended by the 30 June 2020.
  • Ensure service provider(s) be an independent third party.

 

Timing

Applications close 8 November 2019.

 

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