The Southern Queensland Innovation in Export Hub (SQ Export Hub) is now open for business – and exporters are encouraged to take advantage of new trade opportunities.
The hub is designed to give local small to medium-sized businesses operating in the oil, gas & energy resource sectors and food & agribusiness sectors better access to international markets.
Developed by the Toowoomba Surat Basin Enterprise (TSBE), the SQ Export Hub will be centred in Toowoomba.
And TSBE has received almost $840,000 in federal government funding to support the new initiative.
Minister for Industry, Science and Technology Karen Andrews said the funding from the SME Export Hub Grant will fuel the regional economy through promoting exports and help create local jobs.
The hub will promote a regional export culture and help local businesses build their skills and know-how to harness global opportunities.
Poised to take advantage of international opportunities
Member for Groom Dr John McVeigh said the funding is a big win for Toowoomba and the Darling Downs.
“With direct links to overseas markets now available via Wellcamp Airport, the Pulse Data Centre and the massive infrastructure developments in our region such as Toowoomba Second Range Crossing and Inland Rail – local businesses are better poised than ever to take advantage of opportunities in overseas markets,” Dr McVeigh said.
“Funding towards this export hub is extremely important to the economic development of the region. It will help businesses grow and create local jobs.”
TSBE’s Food Leaders Australia Export Manager Geraldine Doumany, who heads the program, said the new hub would play to the economic strengths of the region by increasing market opportunities.
TSBE CEO Ali Davenport said the funding help Southern Queensland establish a global reputation as a capable and diverse export precinct.
The SQ Export Hub will work closely with Industry Growth Centres, FIAL and NERA to gain national exposure and access foreign markets.
The main aim is to:
- Build the sector’s reputation and capability internationally
- Position the sector as a centre of world-class innovation and ingenuity
- Develop the capabilities of the sector’s SME’s to deliver export opportunities
- Build collaborative business networks to help harness opportunities in national and global markets
- Grow the export capability by leveraging local infrastructure to scale business and access global markets.
Export funding boost … Member for Groom, Dr John McVeigh with Industry Minister Karen Andrews and TSBE CEO Ali Davenport