Business South Australia has been awarded a federal grant to help SME businesses access export markets, particularly those with recently-signed free trade agreements with Australia.
The Advertiser reports that the FTA Provider Grant of $120,000 was announced yesterday at carpet manufacturer EC Group at Edwardstown by trade minister Steven Ciobo. It will be matched dollar-for-dollar by Business SA and used to assist SME businesses grow their exports.
“The FTAs with China, Japan and Korea offer a great deal of potential for growing the State’s exports but these are large and complex markets in which a full understanding of what’s involved is vital for success,” said Nigel McBride, chief executive of the group, in a statement.
“The Federal grant announced today will support a comprehensive program of training seminars and related resources to lift the awareness and export readiness of the State’s small businesses.
“We know that a lot of small businesses in this state feel threatened by FTAs. What we will be doing is teaching SMEs how to turn FTAs into opportunities, not threats.”
Participants don’t need to be members of Brand SA to make use of the program.