In 2019-20, Western Australia (WA), and the world at large, experienced the outbreak of a novel coronavirus (COVID-19) pandemic. This has resulted in significant global economic and social disruption including the ability of the WA agriculture and food (agrifood) and beverage exporting sector to operate and trade in international markets.
The first round of the International Competitiveness Co-investment Fund valued at $800,000 provides grants of between $50,000 and $100,000 to help businesses to rebuild their existing Asian market business relationships disrupted by COVID-19 and to develop and implement strategies to capture export market opportunities and attract investment that will lead to direct benefits for regional Western Australia.
The Fund also aims to:
- Provide WA agrifood businesses with the capability to access and develop export markets; and
- Support WA agrifood businesses to achieve consistent business growth through enhanced international competitiveness and strategic customer relationships in high value, premium export markets.
Read more about grants awarded in December 2020, under Round 1 of the International Competitiveness Co-Investment Fund program here.