Business Growth Packages Home Page

Photo credit: Tarita Bin Doraho

The Regional Economic Investment Strategy (REIS) recommends the TSRA focus its business assistance services on opportunities within three key industries.  These ‘focal’ industries have been identified as presenting the best prospects to assess potential projects for business assistance.  The three focal industries are:

*  Fishing
*  Arts and Creative Industries
*  Tourism

Following the official launch, the TSRA delivered the Fisheries Business Growth Package as the first phase of the REIS implementation in 2016/17. The continued roll out of the REIS is a priority for the TSRA in 2017/18.

The next round of funding and support targets the Arts and Creative Industries.

The Business Growth Packages comprises a mix of financial (loan and grant funding), business and industry support services.

Support and funding will be tailored to the needs of successful applicants by:

  • Providing business start-up grants on the basis that it will also assist businesses to access finance; and
  • Procuring business support and mentoring services to help businesses through their first year or two of operation.

Applications from start-up and existing businesses related to the Fishing Industry or Arts and Creative Industries in the Torres Strait are invited to apply. This includes:

  • New business start-ups who have done a lot of ground-work and are looking for additional seed/start-up capital to start a business; and
  • Established  businesses that have identified an opportunity to expand and require finance and/or business support.

Please click your relevant industry to continue: