The Tasmanian Government has opened applications for the 2025–26 Accelerating Trade Grant Program, extending its support to local businesses aiming to expand beyond the island and tap into national and international markets.
Now in its seventh year, the program offers financial backing for businesses ready to scale their reach, with the aim of promoting Tasmanian products and services across Australia and abroad. It forms part of the broader economic push to strengthen trade links and create jobs across the state.
Minister for Small Business, Trade and Consumer Affairs Guy Barnett said the program has become a key pillar of the Government’s trade strategy.
“Trade is a key driver of our economic strength and a foundation for Tasmanian jobs as we work together to move our State forward,” Minister Barnett said.
“This program helps our businesses take the next step, whether that’s attending a trade show in Australia or overseas, launching a digital marketing campaign in a new market or hosting potential buyers here in Tasmania.”
According to the Government, past recipients of the grant have reported more than $34 million in increased trade as a direct outcome of activities funded by the program, along with a rise in brand awareness in target markets.
The grant scheme covers up to 50 per cent of eligible costs related to off-island marketing and promotion, with individual grants capped at $10,000. Activities can include participation in trade events and exhibitions, market research, digital campaigns, business matching services, and hosting visits from potential overseas buyers.
Minister Barnett said the program’s practical impact had been clearly demonstrated.
“We’ve seen firsthand how this program helps businesses grow, expand their market awareness and succeed,” he said.
“I encourage eligible businesses to apply and take advantage of this opportunity to accelerate their trade potential.”
Last year, 70 Tasmanian businesses accessed the grant to promote their products and services across key markets such as China, Japan, Singapore, New Zealand, the United States, and the United Kingdom.
The latest funding round reinforces the Tasmanian Government’s continued commitment to helping small and medium enterprises position themselves in competitive export markets and build long-term relationships with international buyers.
Applications for the 2025–26 round are now open.
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