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Queensland names superyacht grants winners

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The Queensland Superyacht News, a semi-annual newsletter published by the Queensland state development department, has announced the first round of Superyacht Industry Development Fund recipients. The fund issues grants of up to $19,000 to help small and medium businesses in Queensland attract superyacht contracts.

The following six businesses will share in $41,000 for the fund’s first round:

  • Gold Coast City Marina and Shipyard, in Coomera.
  • Rivergate Marina and Shipyard, in Murarrie.
  • Abell Point Marina, in Airlie Beach.
  • Seaspec Marine Services, in Coomera.
  • Trinity Fire Services, in Cairns.
  • Carter Marine Industries, in Cairns.

The development fund is part of Queensland’s Superyacht Strategy, intended to increase the state’s share of the global superyacht sector by 10% and establish Queensland as the superyacht hub of the Asia-Pacific region. Such growth, according to the state government, would create thousands of jobs and bring millions of dollars to the economy.

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