The Export Market Development Grants (EMDG) scheme is a key Australian Government financial assistance program for aspiring and current exporters. Administered by Austrade, the scheme supports a wide range of industry sectors and products, including inbound tourism and the export of intellectual property and know-how outside Australia.
The EMDG scheme:
- encourages small and medium sized Australian businesses to develop export markets
- reimburses up to 50% of eligible export promotion expenses above $5,000 provided that the total expenses are at least $15,000
- provides up to eight (8) grants to each eligible participant.
Many businesses fail to realise that thy are eligible for cash back from the Government for eligible expenditure. This can include overseas trips to trade shows, rep offices, marketing consultants, overseas buyers, free samples and marketing visits plus more.
We can assist your business with the preparation of its first EMDG. Care needs to be taken as Austrade regularly audits the first application to ensure its accuracy, therefore, getting a specialist involved will enable you to comply with the regulations.