Business and Industry Transformation Incentives 

Administered by: Department of Employment, Economic Development and Innovation, Queensland Government

The Queensland Government's Business and Industry Transformation Incentives (BITIs) are funds to help eligible businesses undertake projects that will promote transformation and raise competitiveness in priority industries.

A project may be considered ‘transformational’ if it benefits both the business and Queensland by supporting innovation, increased productivity, export growth or the building of regional strengths. However, the project does not have to achieve all four objectives.

Projects that support export growth include those that promote exports and create global supply chain opportunities in a new overseas market (which will benefit both the business and potentially the businesses in the supply chain).

Click here for more information on eligibility requirements and the application process.

For information on other types of government assistance available to Queensland exporters, visit the Trade and Investment Queensland website.

 

Note: This page contains links to other websites. EFIC does not approve, recommend or endorse those websites or their contents, provides no warranty and takes no responsibility for the accuracy or currency of their contents, your use of the websites or any products or services available on or through them.

Where are your export operations based?

What do you need a grant or tax concession for?

What do you need to do?

Preparing for export

As an exporter, you'll face very different financial challenges to those involved in selling to Australian customers.

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Finding markets

Identifying export markets and finding buyers can be surprisingly expensive. You'll also need to assess the risks of each market.

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Winning contracts

Access to finance can be a powerful tool in winning export business.

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Financing production

Longer payment periods in export contracts can create a gap in your cash flow and strain your working capital.

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Getting paid

With your buyer on the other side of the world, how do you make sure you get paid?

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Expanding overseas

It's time to expand your business operations overseas—perhaps with a factory, warehouse or sales and support office.

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