Central Queensland Update on AusIndustry Grants, Programs and Events
Posted on August 16th, 2022
Innovate to Grow Manufacturing
Applications are open for a free 10‑week program for small to medium enterprises (SMEs) working in advanced manufacturing to explore their research and development (R&D) opportunities. This iteration of Innovate to Grow is targeting Advanced Manufacturing in the following 7 priority categories:
- Digital solutions (IoT, AI, simulation and modelling)
- Additive manufacturing (3D printing processes and materials)
- Advanced materials (nano-materials, functional materials, polymers and composites)
- Smart robotics and automation
- Quantum technology
- Mechatronics design and engineering (devices and systems)
- Biomedical manufacturing (biotechnology, medical devices, diagnostics)
Applications close 22 August 2022 with the program starting on 6 September 2022. See flyer for further details of the following link: https://www.csiro.au/InnovatetoGrow
Small Business Export Loan
Export Finance Australia (EFA) has recently expanded the eligibility for its Small Business Export Loan (SBEL) to support a wider range of funding needs.
Some of the key changes implemented are:
Implementation of an export revenue-based eligibility criteria. Businesses that generate at least 20% of its revenues from export sales can now apply a loan for a wider range of financing needs.
- These include:
- Funding export market development costs
- Funding the costs associated with fulfilling orders from international customers or Australian exporters
- Purchase of new plant and equipment
- International e-commerce business operations
- International tourism business operations
- General working capital or other export related purpose.
- the 20% export revenue requirement does not apply to businesses applying for funding an export related PO or export market development costs.
- Extended repayment terms of 18 and 24 months for plant and equipment finance loans.
Please note that, businesses applying for SBELs would need to demonstrate sufficient profitability or cash flows to service the proposed debt obligations.
eInvoicing Week 2022
Mark your calendar for eInvoicing Week 2022! It will run between 15-19 August 2022 and include economy‑wide awareness activities and events. It is a great opportunity to find out how eInvoicing can benefit your business, see software demonstrations, and hear from businesses that have already adopted eInvoicing. Check the eInvoicing Week calendar to see what events are on offer and register today to save your spot.
Businesses can find out about eInvoicing, its benefits and how to get started from:
- software providers
- industry and professional associations
- government agencies.
eInvoicing Week showcases:
- stories of early adopters already using eInvoicing and reaping the benefits
- demonstrations by software providers
- a variety of information sessions.
Business Station, our Digital Solution provider for WA, NT and QLD will be running a webinar on Tuesday 16 August 2022 as part of the eInvoicing Week. Please find below the link to their website where you will find details of the event and registration page. https://www.businessstation.com.au/event/einvoicing-the-new-and-safer-way-to-invoice-2/ It is a great opportunity to learn more about eInvoicing, listen to the experience of business advisers who are providing on the ground support for small business, network with other small business owners and find out how eInvoicing is the next step in their business digitisation journey.
