The Queensland government has launched a program to provide businesses with a grant of $5000 to cover the costs of attending a trade mission or exhibiting at international trade shows.
The International Trade Show Assistance Program is designed to financially support biotechnology and information and communication technology companies to take part in the shows.
Queensland Minister for Innovation, Paul Lucas, said the scheme was a great chance for Queensland companies to develop and expand their export opportunities.
“It's a way the Queensland Government can help pave the way for our biotech and ICT homegrown companies to access world markets,” he said.
"The program is aimed at small- to medium-sized enterprises, and earlier this year I had the program expanded to include biotechnology companies."
Since the program began in November 2000, 51 Queensland ICT companies have received funding to help promote their ideas globally.
A recent recipient is Bundaberg software development company, Gamer's Valhalla, which next month will use its grant to attend an ICT mission to Taiwan.
Software developer at Gamer’s Valhalla, Arron Hollis, said the grant was a great way for the company to get overseas recognition by attending the shows.
“The grant is something that is needed for small to medium businesses that cannot afford to travel overseas on their own funding for shows such as this,” he said.
“It is also helpful when approaching potential investors who can see that the company is recognised in some way by the government.” E-learning company, Sandpiper Education, has also received the grant, allowing it to attend the UNICEF Baby Friendly Initiative in the UK in November.
Companies which are considering applying for funding have until October 31 to submit aplications.
For more information, companies should visit the Information Industries Bureau website at www.iib.qld.gov.au/ITSAP.