Home / Knowledge / News / Textiles / TCF small businesses in Australia to get $2.5mn grant
TCF small businesses in Australia to get $2.5mn grant
11
Dec '13
courtesy: AusIndustry
courtesy: AusIndustry
Australian Minister for Industry, Ian Macfarlane, has announced the opening of Round 9 of the textile, clothing and footwear (TCF) Small Business Programme, which will provide grants totaling Au$ 2.5 million.
 
Under the programme, small businesses in the TCF sector are invited to apply for grants of up to Au$ 50,000, to help them transform their business so they can thrive and compete at home and abroad.
 
“Australian textile, clothing and footwear small businesses have an international reputation for flair, cutting-edge designs and manufacturing high quality garments,” Mr Macfarlane said in a press release.
 
“The TCF Small Business Programme is helping businesses harness these attributes, so they can grow and succeed. By embracing technology and innovation, and adopting sound business practices, our TCF sector will improve productivity and compete with the best,” the Minister added.
 
According to the Minister, small businesses employed nearly half of the private sector workforce in Australia, and had an important role in raising the standard of living of all Australians.
 
The TCF Small Business Programme gives enterprising small businesses that manufacture textiles, clothing or footwear in Australia the opportunity to improve their operations and competitiveness.
 
Australian fashion designers are also eligible to apply for availing the grant, if they manufacture in Australia.
 
So far, 548 businesses have been benefited through the TCF Small Business Programme, which has also supported projects to transform business operations. Projects have included business strategy and mentoring, marketing and branding, manufacturing process upgrades, e-commerce and export opportunity development.
 
The last date for application for Round 9 of TCF Small Business Programme is February 28, 2014.
 
To be eligible for the grant, TCF small businesses must manufacture an eligible TCF product in Australia, or design an eligible TCF product for manufacture in Australia. They must have fewer than 20 employees; have a minimum turnover of Au$ 100,000; and provide a minimum cash contribution to the project of 25 percent of eligible expenditure.
 
The program is competitive and applications are assessed on merit, according to AusIndustry, a specialist program delivery division within the Department of Industry.
 
AusIndustry would run workshops nationally in early 2014 to assist businesses applying for the program. 
 

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search