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News and Opportunities

New grants to help develop opportunities in Asia

11 Jan 2013

A new Austrade-administered grants scheme, the Asian Century Business Engagement (ACBE) plan, supports member-based business organisations to develop opportunities throughout Asia.

The ACBE plan was announced as an initiative in the Australian Government‘s Australia in the Asian Century White Paper to assist member-based business organisations, and through them, small and medium-sized enterprises, to harness opportunities emerging in the region.

The key goals of the ACBE plan will be to leverage and expand the capability of member-based business groups to: 

  • assist Australian firms access in-market business networks more effectively and develop relationships with business contacts in Asian countries
  • identify and secure more opportunities for Australian firms in regional value chains in Asia
  • strengthen business links between Australia and Asia
  • influence corporate Australia to initiate closer engagement with Asia
  • raise the profile of Australian business capability in Asia
  • increase awareness of Australia in Asia, and of Asia in Australia.

Applications for the ACBE plan will open in late February 2013 and grants will be announced in July 2013.

Further information on the Asian Century Business Engagement plan, including the draft guidelines, can be downloaded from the Austrade website. 

For enquiries, call 1300 136 014 or email acbe@austrade.gov.au

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