- Two new resources sector export hubs to assist hundreds of WA SMEs
- Subsea Energy Australia and Austmine to receive SME Export Hubs Initiative grants
- Funding comes after support from State Government to mount bids
Two Western Australian-based resource sector export hubs worth $3.8 million will be established to help small and medium-sized enterprises get export-ready and be more internationally competitive.
Subsea Energy Australia (SEA) and Austmine have received $1.4 million and $500,000 respectively from the Australian Government that will enable them to help SMEs tap into new international markets.
Invest and Trade WA, part of the Department of Jobs, Tourism, Science and Innovation, committed $350,000 and in-kind support worth $50,000 to Austmine, and offered facilitation support to SEA, which helped secure their SME Export Hubs Initiative grants.
The SEA hub, in collaboration with Subsea Innovation Cluster Australia, will bring Australia's energy industry to the international stage, increasing competitiveness and facilitating access to export markets and global supply chains.
Austmine's Mining Equipment, Technology and Services (METS) export hub will help the State build strong digital mining capability networks through collaboration and connections between regional, remote and metropolitan SMEs.
The Western Australian Government's overseas offices, and Invest and Trade WA, will work with the two hubs in pursuing new export opportunities for the State.
For more information, visit: https://www.jtsi.wa.gov.au/invest-in-wa/our-services/investment-contacts
Comments attributed to Mines and Petroleum Minister Bill Johnston:
"This is a fantastic result, for Western Australia's world-leading METS sector and powerhouse subsea industry.
"As demand for WA's METS and energy offerings continues to increase, so to do the number of resources and energy businesses that want to build their export market competitiveness.
"Helping WA's resources and energy sector SMEs access international supply chains will strengthen the already significant contribution these sectors make to our economy."
Comments attributed to Minister for Innovation and ICT Dave Kelly:
"It's great to see the State and Federal governments working together to support our innovative, cutting-edge SMEs that support so many jobs across Perth and regional WA and make such a significant contribution to our economy.
"The State Government has supported the creation of local jobs through investment in a number of industry and innovation hubs across Western Australia.
"The WA Government is pleased to work collaboratively with successful hub proponents to ensure our State's resources and energy sectors continue to be global leaders in innovation."
Mines and Petroleum Minister's office - 6552 6700
Innovation and ICT Minister's office - 6552 6100