Support for agrifood businesses to explore new markets and partnerships

Overview

The Thailand-Australia Venture Exchange Program (VEP) is a 12-week program, connecting Thai and Australian agrifood startups and SMEs with research, industry and market opportunities across both countries.

The VEP provides selected organisations opportunities to:

• improve cross-border collaboration and commercialisation skills
• access complementary research capabilities
• explore market readiness in the target country (i.e. Australia into Thailand and vice versa).

Participants will engage in:

• capability building sessions to generate leading future agrifood knowledge that drives new marketing insights, commercial projects and industry growth
• 2 in-person immersion weeks, held in Australia and Thailand, along with premium industry events and networking opportunities
• a bilateral program with fellow entrepreneurs who share similar focus areas, promoting knowledge exchange and collaborative learning.

3 rounds of 7 competitively selected start-ups and SMEs will participate in a 12-week program. The first round will be delivered in 2026, with rounds 2 and 3 following in 2027.

Participating organisations are eligible for a travel allowance to support the costs of domestic and international travel associated with participating in the program.

There is no charge for organisations to apply for the VEP.

Check if you can apply

To be eligible for the program you must:

• be a company that:
  • is incorporated in Australia with an Australian business number (ABN) and Australian company number (ACN) or an incorporated trustee applying on behalf of a trust
  • has less than 200 employees
• have or be actively developing a technology or solution that aligns with one or more of the sustainable agrifood systems development challenge statements as listed on the VEP website.

Refer to the VEP program guidelines for more information.