The Global Expansion Program (GEP) is a $2.28 million funding program funded under the Growth State Plan. The program is delivered over four years to 30 June 2024.
No co-contribution from the participants will be required as it is assumed that the participants have made and are making, significant investments into export expansion already.
A key feature of the Program is that bespoke export services and support are delivered by service providers selected by grant recipients as part of the program funding. The services are matched to the specific needs of individual participating companies identified by free business reviews to be undertaken as part of the Program.
The Program will have three separate rounds as part of each cohort, and each round is structured in three stages:
- Expression of interest (EOI) application
- Free business reviews to identify impediments to export growth
- Grant funding to address the impediments with bespoke services.
The first cohort was undertaken in late 2020 and successful grant recipients were announced on 29 June 2021.
To be eligible to participate in the Program, the applicant must have an ABN and be established and generating revenue for 36 or more months in South Australia. Although there is no minimum turnover or FTE requirement, the applicant must demonstrate that it falls under one of the State Government’s priority sectors:
- Creative industries
- Defence industries
- Energy and mining
- Food, wine and agribusiness
- Health and medical industries
- International education
- Space industries
Additionally, the applicant is required to provide information on its growth history, in terms of recent growth in revenues/employees, as well as evidence of historic and current export endeavours to be eligible for the Program.
DTI will categorise eligible companies into the following three stages of export maturity to assess their EOI applications separately:
- Infrequent exporter: Lacking an export strategy, a plan or execution capability and capacity
- New market entrant: exporting well in existing markets but have clear specialised barriers to entry in new markets (e.g. regulations/taxes etc.)
- In-country focus: lacking the in-country partnerships, expertise and knowledge.
- EOI applications open Tuesday 29 June 2021
- EOI applications close Monday 23 August 2021
- Grant funding awarded to cohort 2 Early 2022
Following the EOI closing date, the Department for Trade and Investment will assess all applications before developing a shortlist of up to 20 businesses who will receive a free business review, to identify or confirm each company’s impediments to export growth.
Up to 10 companies will receive grant funding as cohort 2 in early 2022.
Service provider directory
A directory for service providers has been developed by the Industry Capability Network (ICN) for the Global Expansion Program. The companies listed in this directory submitted expressions of interest as suppliers of services for the Global Expansion Program on ICN Gateway between 20 November 2020 and 12 February 2021.
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