We provide all the services you need to take you from your big idea through to the establishment of an international business.
Business Readiness & Structure
At the Haystack Group we recognise there are some challenges to commercialise your idea. We follow a structured process to assist you to ensure your business and products are ready for market. We look at your resources, their capabilities and the business capacity to meet the demands of your target markets.
Market Identification and Distribution Strategy
We assist you to identify the right markets for your product and how you can realise the opportunities as they arise. Our network around the world covers a range of distribution models. We are happy to work with you to determine the best route to market to ensure it is efficient and cost effective.
As with any industry, the export market has its own jargon and idiosyncrasies. We can assist you with negotiations and advice on appropriate terms to help get the best results for your business.
Product Sourcing & Development
The Haystack Group is able to source products on your behalf. Over the years we have established a solid network of quality manufacturers and suppliers who can create products for you. This even includes a network of businesses specialising in food and wine production.
We source products to suit your budget, design and specific needs. Our suppliers have proven their high standards of quality control and efficiency so you can be confident that the end product will be exactly what you want.
Grants for your business
While there is a range of grants you can access, the two main grant sources available are;
EMDG – Export Marketing Development Grant
This grant is available to new and current exporters and it is managed by Austrade. If you have spent $20,000 over two years on eligible export marketing expenses you may apply for a grant which will reimburse you up to 50% of the expenditure over $10,000. The grants are between $5000 and a maximum of $150,000.
To be eligible for a grant, your export product has to meet certain criteria. Primarily it has to be a product, service, tourism service, conference or intellectual property that was developed or will significantly benefit Australia.
Research & Development Grant
The R&D Tax Incentive provides small and medium sized enterprises with an aggregated turnover of less than $20 million p.a. with a 45% refundable tax offset. Companies with a turnover of $20+ million have access to a 40% non-refundable tax offset.
We can assist you to register your R&D project with AusIndustry and then compile the necessary documentation to file for the rebate when you file your company tax return.
There are eligibility requirements that you must meet. Your business must own the results of your R&D, you must develop a proper R&D plan and then maintain accurate written records and they results must benefit the Australian economy. There are more requirements that need to be taken into account and we can advise you of these.
How can we help you with these grants?
Dealing with government bodies like the ATO and Austrade can be difficult and their paperwork overwhelming. We make it easier for you by guiding you through the process. We have successfully obtained grants for many clients over the years. tHG understand the processes, the eligibility requirements and how to document them.
Avoid the complicated paperwork and let us help you to be successful in your application.