Central Coast Businesses set to go global

Sep 3, 2020
Regional development

Small and medium-sized businesses on the Central Coast are benefitting from the NSW Government’s push to develop new export opportunities.

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said helping businesses access new international markets would assist the local economy recover from COVID-19.

“I am so proud that businesses like Formit Services in Fountaindale, which manufactures high-quality portable toilets and exports them to New Zealand, Asia and the Middle East, are benefitting from NSW Government support,” Mr Crouch said.

“Formit Services employs around 80 Central Coast residents in its factory, and by ensuring this local company has a steady stream of business we can ensure the jobs of local people remain secure.

“At a difficult time like this, it’s more important than ever that we help home-grown businesses succeed in international markets.”

Mr Crouch said the NSW Government’s new Going Global Program consists of $10,000 Export Assistance Grants and $1.8 million of tailored advice for business owners.

“The $10,000 Export Assistance Grants will complement the expert advice and support that NSW Government Trade Advisors are able to provide to business owners,” Mr Crouch said.

“Formit Services at Fountaindale has already received their $10,000 Export Assistance Grant which enabled the company to hire two additional staff.

“Funding applications are being accepted now, so I would urge small and medium-sized businesses on the Central Coast to reach out to the NSW Government for support and consider grabbing these new export opportunities.”

For more information, go to: https://global.nsw.gov.au/nsw-export-assistance-package.