SA aerospace manufacturing business receives export funding grant

Holden Hill-based company, Toolcraft Australia, is one of 95 South Australian businesses to receive funding as part of the Marshall Liberal Government’s new eCommerce Accelerator Program (eCAP).

Recipients will share in more than $930,000 in grants that are designed to help exporters sell more of their products or services digitally through channels both here and abroad, by embracing and leveraging eCommerce.

Each successful recipient will use the grant funding to diversify their business model and boost their e-commerce capability. This will help them promote and sell more products, generate more revenue, create new jobs, and tap into new export markets.

Toolcraft have been awarded a $10,000 grant to expand their presence in high growth supply chains in North America, North Asia and Europe – the companies’ newest target markets.

With the intention to become a globally competitive aerospace manufacturing company, Toolcraft’s advanced services have already seen them contracted as approved suppliers for a number of leading defence and aerospace companies, including BAE Systems, Raytheon, Lockheed Martin, Thales and DST Group.

For more information and support available to South Australian exporters, visit Exporting from South Australia