none

GIVING REGIONAL BUSINESS ACCESS TO GLOBAL MARKETS A KEY PRIORITY

22-08-2015
by 
in 

Support for the deepening of global connections for regional business in Victoria should be a key priority, says the Victorian Employers' Chamber of Commerce and Industry (VECCI).

At its recent Victoria Summit 2015 – Regional Victoria, in Bendigo, VECCI chief executive Mark Stone said regions should focus on new business opportunities that will benefit the local economy, and the state more widely.

VECCI’s Victoria Summit 2015 policy paper, Regional Victoria Means Business, contains a number of recommendations to support regional global business connections including:

·       Develop a strategy and action plan to leverage regional opportunities created by Free Trade Agreements and assist Victorian regional SMEs to take advantage of these.

·       Fund a new $5 million Regional Trade and Investment Ready Program, delivered by industry, to identify and support Victorian regional SMEs seeking inward investment. 

·       Allocate $2 million to create a Regional Small Business: Global Opportunities promotion and information campaign to raise awareness among regional small business of export opportunities.

·       Grow the Victorian Jiangsu Business Program to help regional businesses develop new links, capabilities and mutually productive trade and investment opportunities with counterparts in China.

·       Accelerate the Food to Asia Action Plan to capitalise on Free Trade Agreements and stimulate employment in agribusiness and agrifood research, processing and distribution.

·       Expand successful models of regional leadership and development in communities that would benefit from a more structured leadership framework.  This will help enhance local vision and provide further support to locally driven strategic development, along with inter-regional collaboration.

The Victoria Summit recommendations will form the basis of VECCI’s regional business agenda into 2016 and beyond, including for VECCI’s 2016-17 state budget submission and the next federal election.

“We cannot expect Victoria’s economic performance to be strong without vibrant, outward looking and competitive regional business,” said Mr Stone.

Related news & editorials

  1. 14.12.2018
    14.12.2018
    by      In
    The convenience of opening doors or logging onto computers with the wave of a hand is now possible with new technology that enables humans to be microchipped.
    A human microchip is the size of a grain of rice and it is implanted into the hand, between the thumb and forefinger, in a quick and fairly... Read More
  2. 14.12.2018
    14.12.2018
    by      In
    An additional $500,000 Federal Government investment is set to allow Deakin’s ManuFutures advanced manufacturing business incubator to set up a new acceleration programme for its members. The new ManuFutures Export Acceleration Programme (MEAP) will support the emerging businesses to strengthen... Read More
  3. 13.12.2018
    13.12.2018
    by      In
    After a long stint as the Asia-Pacific Managing Director of 600 Machine Tools, Cliff Purser is retiring from his post in Sydney, and returning to live in New Zealand.
    The genial Englishman has led the 600 team in Australia since transferring in November 2004 from the position of New Zealand... Read More
  4. 13.12.2018
    13.12.2018
    by      In
    Adelaide has been chosen as the headquarters of the newly established Australian Space Agency.
    The Australian Space Agency was officially launched on 1st July and received $41 million over four years from 2018-19 in the federal budget to “grow the Australian space industry,” including $26 million... Read More