What is the Superyacht Industry Development Fund SIDF.

Super yacht industry development fund. Superyacht Industry Development Fund. Abell Point Marina Airlie Beach Carter Marine Industries Cairns Gold Coast City Marina Shipyard Gold Coast. The SIDF administered by the State of Queensland through the Department of State Development Manufacturing Infrastructure and Planning is a state-wide funding program that.

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. There are six recipients of round one funding that are to share in 41000 to assist their businesses. 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.

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 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.

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. The Superyacht Industry Development Fund supports Queenslands small-to-medium enterprises SMEs and not-for-profits in the superyacht supply chain to.

Many of these services can only be delivered by appropriately skilled and certified businesses. All together Wealth-X says UHNWs spend over 20 billion a year building chartering and sailing superyachts. Six Queensland companies will share in more than 41000 through Round 1 of the Palaszczuk Governments Superyacht Industry Development Fund.

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. With an average yacht coming in theyre going to be 35 million plus. Six Queensland companies will share more than 41000 through round one of the Queensland state governments Superyacht Industry Development Fund.