A ground-breaking deal between the Sydney Dance Company and Austrade
has opened up a vast new pool of resources for local arts companies
to market themselves overseas.
The Sydney Dance Company has received a grant from Austrade that will allow
it to develop overseas markets for its work.
Small businesses exporting their expertise into the Asian region could be
missing out on thousands of dollars in government marketing assistance because
they don't know they are eligible, or because they haven't structured their
affairs in a way to satisfy Austrade grant eligibility requirements.
Last month's Federal Budget held good news for small business exporters:
The Export Market Development Grant scheme survived with minor changes.
Companies setting up joint ventures overseas may be missing on millions of dollars
in export grants, although they may not plan on exporting anything more than
their own expertise, according to a senior lawyer.
Exporters of know-how have been warned to take special care
in drawing up joint venture contracts with overseas partners.