House of Representatives Committees

Appendix D – Government assistance programs relevant to the services sector

 

Scheme

Administered by

Industries

Type of assistance

Aim of program

Australian Education International (AEI)

DEST

Education

Predominantly promotion. Quality assurance frameworks, language training for international students.

Grow a sustainable future for Australia ’s international education industry.

Australian Tourism Development Program (ATDP)

AusIndustry

Tourism

Grants

Promote tourism development in rural Australia

Axiss

Axiss

Global financial services firms and education

Grants, advisory services and data provision

Position Australia as a global financial services centre in the Asian time zone

Building Entrepreneurship in Small Business (BESB)

AusIndustry

Small Business

Indirect assistance (training and mentoring, field officers etc)

Encouraging entrepreneurship by supporting improvement to Australia ’s small business operating skills

Business Entry Point (business.gov.au)

DITR

All

Indirect (information)

To bring all government requirements and assistance programs together in one place

Business Ready Program for Indigenous Tourism

AusIndustry

Tourism

Indirect (business mentors)

Address key barriers to Indigenous tourism businesses - management, business and strategic planning skills

Export Market Development Grants (EMDG)

Austrade

All SMEs

Grants (up to 50% of promotion expenses)

Encourage SMEs to develop export markets

Indigenous Capital Assistance Scheme (ICAS)

DEWR

All Indigenous businesses

Access to financial support and subsidises interest rates and bank fees

Increases employment opportunities for Indigenous Australians by providing access to commercial finance and culturally appropriate support services

Indigenous Self Employment Programme (ISEP)

DEWR

All indigenous small businesses

Start up for small businesses, indirect (advice and support), training and loans.

Assist Indigenous Australians to establish their own small business

Indigenous Self Employment Programmes (ISEP)

DEWR

All indigenous small businesses

Indirect (advice and support), training and loans

Assist Indigenous Australians to establish their own small businesses

Indigenous Small Business Fund (ISBF)

DEWR

All indigenous small businesses

Grants (funding for the development and expansion of Indigenous businesses and enterprises)

Assist Indigenous people to learn about business, develop good business skills and expand their business

Industry Cooperative Innovation Program (ICIP)

AusIndustry

Requires a consortium of at least three businesses, any industry

Grants

Foster innovation projects that enhance the productivity, growth and international competitiveness of Australian industries. Focuses on meeting strategic industry needs

Information Technology Online (ITOL) Program

DCITA

All businesses, particularly SMEs

Grants

To accelerate the national adoption of collaborative e-business, especially by SMEs

Innovation Investment Fund (IIF)

AusIndustry

Venture capital fund managers

Grants

Develop venture capital funding industry

Pooled Development Funds (PDF) Program

AusIndustry

Small and medium-sized enterprises

Tax benefits for funds and shareholders. Indirect assistance to SMEs by providing incentives for investment

Grow SMEs by increasing the supply of equity capital

Regulation Reduction Incentive Fund (RRIF)

AusIndustry

Local government (with benefit to small and home-based businesses)

Grants to local governments, indirect assistance to small business

Reduce regulatory compliance burdens for SMEs

Small Business Field Officers Program (SBFO)

AusIndustry

Small business

Indirect assistance (referral and general advisory services)

Foster the growth of small businesses

Tourism Australia

Tourism Australia

Tourism businesses

Promotion

Foster a sustainable tourism industry in Australia and increase economic benefits from tourism

Tourism and Conservation Initiative

DITR

Tourism businesses

Grants

Boost nature-based tourism while increasing capacity to protect and conserve the environment.

 

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