Eyre Peninsula Seafoods, Dinko Tuna and Angel Oysters Australia to share in $1m of funding as a part of Global Expansion Program

Three Eyre Peninsula businesses have secured $1m in funding to grow their export capability and capacity into new and existing markets. See the details.

Three Port Lincoln seafood companies are among 20 South Australian businesses to share in $1m.

The funding is a slice of the $2.28m Global Expansion Program.

Eyre Peninsula Seafoods, Dinko Tuna and Angel Oysters Australia, were announced as Global Expansion Program recipients by Minister Trade and Investment, Stephen Patterson, during his visit to Port Lincoln as part of Showcase SA’s Business Accelerator series.

Andrew Puglisi, Executive Director, Eyre Peninsula Seafoods said this initiative will be a game changer for growers after a dismal 2020 season

“We have a solid customer base in the UAE, Thailand and Singapore which has been severely affected by the Covid pandemic,” he said.

“Promoting our products in this marketplace will ensure an immediate uplift in sales and give us the best opportunity to build our mussel product sales beyond pre-Covid levels.

“The funding will support our promotions, something that we haven’t done in the past, creating a ‘pull-through’ effect of the consumer asking or demanding our products from our customer, the wholesaler, in these markets.”

Lukina Lukin of Dinko Tuna. Picture: Robert Lang

Lukina Lukin, Managing Director, Dinko Tuna Farmers said the funding will help diversify their already, highly rated Southern Bluefin Tuna, Western King Prawns and Australian sardines.

“We wanted to diversify our markets to make our business more resilient which is why we applied for a Global Expansion grant,” she said.

“The funding will help us to engage professional assistance for our business export expansion plan that includes targeting new markets in South East Asia, the Middle East and the United States, all of which have significant sushi and sashimi consumption.”

Launched in November 2020 the four-year funding program targets South Australian businesses with solid growth who are keen to diversify or boost their presence in existing or new markets.

EOI applications open 29 June 2021 and close Monday 23 August 2021 with up to 10 companies receiving funding in early 2022.