Independent market visits funding program

In addition to the New South Wales Department of State and Regional Development’s (DSRD) program of group missions to selected overseas markets, support is available to companies to undertake an independent market visit to target particular markets.

The Independent Market Visit Program is designed to assist small and medium sized companies to assess their prospects in new markets through a visit program individually tailored to their export needs and objectives.

A well prepared market visit is essential to eventually making sales in a new market. A market visit can help exporters acquire first hand knowledge of culture, customs, business practices, prices, customers and distribution systems, all of which are critical to export success.

Companies meeting eligibility criteria under the Independent Market Visit program may qualify for financial assistance up to A$3,000 to offset fees paid to an approved service provider for such things as in market business matching and appointment scheduling. Financial assistance is not provided for travel, accommodation, meals and other personal expenses.

There is a limit of two independent market visits in any 12 month period and maximum levels of financial assistance also apply, in relation to the total support from DSRD programs.

This is an ongoing opportunity.

For further information and details of the program including eligibility criteria, visit here.

Published 02 March 2009.

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