Member for Cairns Michael Healy said changes to federal legislation showed the strategy was working.

Super yacht industry development fund. The Superyacht Industry Development Fund SIDF program administered by the State of Queensland through the Department of State Development Manufacturing Infrastructure and Planning the department is a statewide funding program that will provide funding over five years to provide financial support to Queensland businesses. A dining table sits aboard the 217 feet long superyacht Natita during the Superyacht. Fundamental to the implementation of the Queensland Superyacht strategy is the ability for small and medium-sized businesses to get in front of key industry stakeholders around the world.

The Superyacht Industry Development Fund is part of the Queensland Superyacht Strategy 2018-23 which sets out the states plan to increase global industry market share by 10 per cent. Six Queensland companies will share in more than 41000 through Round 1 of the Palaszczuk Governments Superyacht Industry Development Fund. The fund is part of the Queensland Superyacht Strategy which sets out the states plan to grow the superyacht industry and increase its global market share 10 per cent by 2023.

Chairman of Superyacht Queensland Cameron Bray said the Superyacht Industry Development Fund was an important component of the support being offered by the Queensland Government. With an average yacht coming in theyre going to be 35 million plus. To achieve this the Superyacht Industry Development Fund is supporting the marine industry to build global relationships to attract more superyachts.

The fund is part of the Queensland Superyacht Strategy which aims to grow the industry and increase Queenslands global market share by 10 by 2023. The Superyacht Industry Development Fund supports Queenslands small-to-medium enterprises SMEs and not-for-profits in the superyacht supply chain to. THE Superyacht Industry Development Fund is part of the Queensland governments strategy to expand the industry and increase Queenslands global market share by 10 by 2023.

The State Government has announced a Superyacht Industry Development Fund which will help businesses right along the coast tap in to the lucrative superyachts industry poised to. Through the governments Superyacht Industry Development Fund matched fundings of up to 19000 will be available for Queensland businesses to provide construction maintenance tourism operations and other services for the superyacht industry. A full custom 78m superyacht in build at Amels has touched the water for the first time since arriving at Amels and Damen Yachtings Vlissingen City yard.

To achieve this the Superyacht Industry Development Fund is supporting the marine industry to build global relationships to attract more superyachts. This funding will help the industry promote all the advantages Queensland offers the luxury vessel market including a talented workforce excellent capabilities and infrastructure and a sensational location for superyacht cruising. There are six recipients of round one funding that are to share in 41000 to assist their businesses.