“The Export Market Development Grants (EMDG) scheme is a key Australian Government financial assistance program for small to medium aspiring and growing export-ready businesses….”
“…. a single applicant can receive a maximum of A$770,000 over an 8-year period”
What is the Export Market Development Grant?
In 2021 the Export Market Development Grant (EMDG) transitioned to an eligibility-based demand driven “Grant Scheme” as opposed to the previous cash reimbursement scheme.
EMDG is designed to bring benefits to Australia by encouraging the creation, development, and expansion of foreign markets for Australian products.
Under the new scheme a single applicant can receive a maximum of A$770,000 over an 8-year period.
To be eligible, SME exporters will need to have gross annual turnover of less than A$20 million.
If approved, applicants will be required to enter into a “Grant Agreement” with Austrade providing greater upfront funding certainty for the applicant. Grantees must spend at least an equal amount of their own money on eligible expenses.
Who can apply for the Grant?
An Australian individual, partnership, company, association, cooperative or a Trustee on behalf of a Trust or a representative body, that is:
- Ready to export eligible products (Tier 1)
- Exporting eligible products and seeking to expand your export promotional activity (Tier 2), OR,
- Exporting eligible products, seeking to expand export promotion activity and make a strategic shift in your export promotional activity (Tier 3).
The grant application period opens at 9:00am AEST, 16th August 2021 and closes at 17:000 AEDT on 30 November 2021 for eligible expense from 1 July, 2021.
China Trade Services – Government approved EMDG Consultant
China Trade Services is a government approved EMDG Consultant.
We understand the relevant legislation and the impact of any recent changes to the scheme. This is imperative to ensure you receive the maximum allowable grant.
We will prepare, review and lodge your 2021 Export Market Development Grant application on a success basis “No Grant – No Fee” – Guaranteed.