A total of 27 member-based business organisations have been awarded grants to help them expand their networks in Asia under the Australian Government’s inaugural Asian Century Business Engagement plan.
Organisations from Australia and Asia submitted 95 applications for funding under the Austrade-administered engagement plan.
The four-year, $6 million program was announced last year under the Government’s White Paper on Australia in the Asian Century.
“Personal relationships are essential to doing business, especially in many Asian societies,” Mr Thomson said.
“This engagement plan is all about helping Australian business organisations to forge those personal links and to identify opportunities.”
By 2025, Australia’s trade links with Asia are expected to account for at least one-third of GDP, compared with one-quarter in 2011.
Australian companies are increasingly providing high value-added goods and services to regional value chains, leading to greater integration of small and medium-sized enterprises into Asian markets.
The business engagement plan is a merit-based, competitive program.
Successful applicants come from metropolitan and regional Australia, as well as from offshore. Most applicants’ proposals encompass multiple markets.
Many worthy projects could not be supported in the inaugural plan. However, these plans or revised proposals may be considered in the second funding year.
|Neurosciences Victoria Ltd||Neurosciences Victoria will lead a strategic marketing initiative to India promoting Australian innovation focused on Victoria’s leading neuroscience, neurology and psychiatry capabilities.|
|TAFE Directors Australia||TAFE Directors Australia will undertake a comprehensive analysis of different offshore business models on what factors assist or inhibit the success of particular models in Asia, with particular relevance to India and China. The outcomes of the analysis will provide guidance to education exporters on how to respond to market opportunities and suitable market entry strategies.|
|Chamber of Commerce and Industry of Western Australia||The Chamber of Commerce and Industry Western Australia will deliver a structured learning program in the Chinese market for ASX-listed companies aimed at increasing knowledge and understanding of Chinese business and culture.|
|AustCham Singapore||AustCham Singapore will establish ‘Access Asia’ – an on-line platform to promote business networking and knowledge sharing for the Australian business community in Asia and those looking to connect with it.|
|Citrus Australia||Citrus Australia will implement a comprehensive program to improve market access and better position the industry to identify and benefit from opportunities in China. The program will include a high-level trade mission, intern program, development of marketing material and training workshops.|
|Sheepmeat Council of Australia||The Sheepmeat Council of Australia will investigate the viability of establishing a joint venture sheep processing facility in Indonesia and opportunities to supply third country markets.|
|CropLife Australia||CropLife Australia will develop stronger links and relationships in key Asian markets for Australian agricultural produce and expertise, facilitating the sharing of knowledge and promoting innovation in agricultural bioscience in addition to developing a range of business opportunities for the Australian food and agricultural biotechnology industries.|
|Clean Energy Council||The Clean Energy Council will increase the engagement of the Australian clean energy industry in Asia and help to build Asia-literate businesses through market analysis, industry promotion, building strategic partnerships and developing Asia-relevant capabilities.|
|HunterNet Co-Operative Limited||HunterNet Co-Operative will harness opportunities in China and Indonesia for the coal mining industry by developing business networks, identifying and securing opportunities to compete and succeed in regional value chains and reinforce business capabilities within the region.|
|Australian Chamber of Commerce Hong Kong & Macau||The Australian Chamber of Commerce Hong Kong and Macau will strengthen Australian business links in the region by devising a business matching program, providing newcomers with key market information and specific company guidance.|
|AusBiotech||AusBiotech will improve the Australian medical devices and diagnostics industry sector's links with Asia by researching and creating intellectual resources to support companies to protect their intellectual property (IP) and developing resources on the best business structures for market entry.|
|International Education Association of Australia (IEAA)||The International Education Association of Australia will hold a symposium targeted to Australian and Asian education providers with the aim of strengthening partnerships and paving the way for long-term, sustainable education opportunities in Asia.|
|Northern Territory Cattlemen’s Association Inc||The Northern Territory Cattleman’s Association will undertake an analysis of how Northern Territory cattle producers can access and capitalise on new and developing Asian markets, including a focus on the Nusa Tenggara Economic Corridor in Indonesia.|
|Federation of Automotive Products Manufacturers||The Federation of Automotive Products Manufacturers will facilitate a targeted mission of automotive component suppliers to Indonesia and Malaysia aiming to build networks, promote Australian sector capabilities and understand how the industry can access global supply chains.|
|Australian Food and Grocery Council (AFGC)||The Australian Food and Grocery Council’s “Asia Engagement Strategy” will develop comprehensive market reports and capability statements that will better position food and beverage small and medium sized enterprises to increase exports and capture greater market share in Asian markets.|
|Australian Indonesian Business Council Ltd||The Australia Indonesia Business Council (AIBC) will strengthen high level business engagement with Indonesian business and government across sectors of growth.|
|AIMEX||Superyacht Australia will develop and create awareness of capability in the Australian superyacht sector in order to capture the growing opportunities in selected Asian countries through the development of a future engagement strategy and defined opportunities for market entry.|
|Toowoomba and Surat Basin Enterprise Pty Ltd||The Toowoomba and Surat Basin Enterprise will position the Darling Downs and Surat Basin region to capitalise on growing demand for protein foods into China by identifying export opportunities and utilising regional value chains.|
|Hobart Chamber of Commerce||The Hobart Chamber of Commerce will build mutual business relationships with key cities in China and Republic of Korea and will also facilitate polar research collaboration to build on Hobart’s position as the gateway to Antarctica and the Southern Ocean.|
|waterAUSTRALIA Solutions Ltd||waterAUSTRALIA Solutions will support innovative water technology small and medium enterprises to engage with Chinese business and government, to gain market access into China's water resources management sector.|
|The Australian Industry Group||The Australian Industry Group will foster greater collaboration on innovation with Japan in the manufacturing, engineering and technology sectors.|
|Austmine Limited||Austmine's 'Australasian Smart Mining Network' will link small and medium mining equipment, technology and services enterprises to mining opportunities and contacts in Asia.|
|Northern Poultry Cluster Ltd||The Northern Poultry Cluster will develop an Asian food export supply chain that will aim to increase the depth and reach of Australian food products in selected Asian retail and food service markets.|
|Australia–Malaysia Business Council||The Australia–Malaysia Business Council will work with the Malaysia Australia Business Council to produce a comprehensive Industry Analysis focused on key priority sectors of the Malaysia Australia Free Trade Agreement (MAFTA).|
|Australian–New Zealand Chamber of Commerce Philippines Inc||The Australian–New Zealand Chamber of Commerce Philippines will support Australian companies to understand and gain entry to the Philippine market through enhancing its member services including the development of a comprehensive website.|
|Australian Chamber of Commerce Korea||The Australian Chamber of Commerce Korea will strengthen Australian small and medium business connections with Government and industry in Korea.|
|Australian–Thai Chamber of Commerce (AustCham)||The Australian–Thai Chamber of Commerce will further enhance its program to assist Australian small and medium businesses to expand into Thailand, Myanmar and regional markets.|