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Investment Attraction South Australia (IASA)

Overview

This program aims to capture foreign direct investment - investment which creates high value-adding industries and sustainable jobs. It seeks to connect businesses with decision-makers, identify funding and support options, help them choose new premises and then settle into South Australia.

The program works with investors to:
- Provide a dedicated point of contact for all project requirements.
- Ensure they  have the best support to expedite a project in what may be a new city.
- Simplify dealings with government and other business partners to streamline the path to a secure investment.
- Provide policy and regulatory assistance to accelerate investments.
- Help access the State’s skilled local workforce, ensuring investors are connected to professionals who can deliver results.
- Link to new technologies, services, skills or processes which may add value to the organisation.

A total funding pool of $15 million is available over two years from 2015-16.

As announced in the 2017-18 State Budget, Investment Attraction South Australia will receive an additional $60 million over four years. It will comprise $30 million in grants over 2017-18 and 2018-19 and $30 million in low-interest loans over 2019-20 and 2020-21. It forms part of the State Government’s $200 million Future Jobs Fund.

This State Budget investment in IASA provides $10 million in 2017-18 and $20 million in 2018-19 to further support and secure new investment in South Australia within key industries including:
- Shipbuilding and defence
- Renewable energy and mining
- Tourism, food and wine
- Health and biomedical research
- IT and advanced manufacturing

Who Can Apply?

Eligible applicants include companies and start-ups who wish to relocate their operations to South Australia.

The priority sectors are:
- Minerals and energy resources
- Food and agribusiness
- Advanced manufacturing and future industries
- Technology and creative industries
- Financial and business services

  • Start-up
     
  • Research & Development
  • Marketing
     
  • Export
     
  • Business Support
     
Documentation Uploaded
Web Overview 2018-05-24 Download
News Release 2018-05-24 Download

Use these documents as a guide only - always get the latest direct from the Administrator

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Category
Business
Dates
Status Open
Closing Information
This program is open on an ongoing basis.

Value
Funding Type Grant Grants, Loans
Total Funding Pool $75M
Co-contribution Yes
Competitive Yes
Eligible Activities
Activities
Start-up / Establishment
Who Can Apply?
Location
South Australia
Industries
Tourism
Mining
Information Technology and Communication (ICT)
Healthcare, Medical, Biotechnology and Nanotechnology
Food and Beverage
Finance and Business Services
Energy and Renewables
Defence
Building, Construction and Engineering
Difficulty Rating
Administrator
Tier State
Department
Department of State Development
Contacts
Program Administrator
Department of State Development
Telephone
0883032432
Email
investinsa@sa.gov.au
General WebsiteVisit
Program Website Visit