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History of AITTIDF establishment Approved purposes of the fund Directors/contacts/website

Introduction to the Australian International Trade and Transport Industry Development Fund Limited ACN 155-126-266 ABN 37-155-126-266. History of AITTIDF establishment Approved purposes of the fund Directors/contacts/website Funding applications and procedures for approval

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History of AITTIDF establishment Approved purposes of the fund Directors/contacts/website

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  1. Introduction to the Australian International Trade and Transport Industry Development Fund Limited ACN 155-126-266 ABN 37-155-126-266 • History of AITTIDF establishment • Approved purposes of the fund • Directors/contacts/website • Funding applications and procedures for approval • Question and answer session

  2. Approved purposes • To provide grants to Australian international trade and transport industry participants to promote, support, advance or enhance: • e-commerce projects in Australia which benefit the commercial, operational, legislative and regulatory process supporting Australia’s international trade and transport industry; • Projects in Australia to assist Australian industry to facilitate international trade with its trading partners

  3. Approved purposes (cont’d) • Projects in Australia that encourage more efficient international supply chain solutions for Australian industry; and • Projects in Australia aimed at measurably increasing the level of skills and training in the international trade and transport industry, including participants in that industry.

  4. AITTIDF Directors/Contacts/Website • The Directors are: • Mr Bob Fraser, Chairman (Director, Connor Anderson International) nominated by the CBFCA • Mr Geoff Clark (Export Control Advisor – Asia Pacific TNT) nominated by CAPEC • Mr Brian Lovell (CEO, Australian Federation of International Forwarders) nominated by AFIF • Ian Murray, AM (Executive Director, Australian Institute of Export) nominated by AIEX • Llew Russell, AM (CEO Shipping Australia Limited) nominated by SAL

  5. AITTIDF Contacts • Company Secretary: • Ms Catherine Wright • AITTIDF Pty Ltd • PO Box 1185, Ashfield, NSW 1800 • email: secretariat@aittidf.org.au • website: www.aittidf.org.au

  6. Project Proposals Pro-forma • Management Summary • Including a summary of the proposal, details of the applicants organisation, contact details, etc • Relate project to the purposes of the Fund, summarise project cost, key benefits and time scale and sectoral organisations consulted • Background • e.g. outline of events that initiated the proposal • Objectives of the proposal • Exactly what will be achieved and how benefits can be measured in detail

  7. Project Proposals Pro-forma (cont’d) • Project Consultation including stakeholder commitment • Benefits to industry • Constraints such as forecast impediments to success • Risks • e.g impact of possible cancellation, overviews or failure • Include risk assessment mitigation strategy

  8. Project Proposals Pro-forma (cont’d) • Cost statement • Detail funds being sought and details of any follow-on costs to be borne by community users • A full statement of all expenditure areas including any necessary travel and accommodation, and other direct costs • Follow-on costs in detail

  9. Project Proposals Pro-forma (cont’d) • Intellectual Property • Project management and major milestones/deliverables • Project management, milestones for percentage of total funds sought • Written progress reports required each quarter, and audited financial statements to be supplied 60 days after the end of each financial year

  10. Funding Applications • Applications are sought where they are of demonstrable benefit to Australia’s international trade and transport industry as per the criteria already presented • The application needs to be acknowledged that the terms and conditions for funding applications have been read and understood (details on the website) • Reimbursement for costs incurred in the preparation of applications or in providing any further information requested to support the application will not be entertained

  11. Funding Rules • Funding may be made available: • on completion of a project • On completion of the milestones described in the proposal(s); or • In any other way that the Board agrees having regard to the nature of the proposal(s) provided funds are not used for ongoing support and maintenance. • Internal upgrades of current administrative infrastructure and capital grants will not qualify for grant expenditure, e.g. new computers, office furniture etc but specialist software could be considered.

  12. Funding Rules (cont’d) • If the applicant fails to complete project proposals within the specified milestones or in accordance with the specifications then the Board may not allocate balance of the funds and/or seek a refund of the funds already allocated. • Not more than 15% of available funds will be made available in any two year period but a higher limit could apply if there is unanimous Board agreement • Within this limit, a maximum of 50% of the total costs of the project unless the Board agrees otherwise but in-final contributions could be included in the applicant’s share of expenditure • The Board will, from time to time develop and promulgate the funding criteria

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