The Export Market Development Grant (EMDG) program is the Federal Government’s cornerstone offshore marketing funding program that encourages Australian businesses to seek export opportunities for their goods, services and intellectual property.
The EMDG program assists small to medium-sized Australian businesses, with turnover of less than $20 million, by reimbursing up to 50% of eligible costs associated with the development of export opportunities. There is a maximum annual grant of $150,000 available for up to 8 grant years and has three tiers of support.
The EMDG program now provides an upfront funding model, providing increased certainty around much support you will get for your eligible offshore marketing spend – whether you are you spending money offshore to market your goods or services, or to protect your IP.
AusTrade has announced that applications for Round 2 of the EMDG Program will open for 6 weeks from 6 July 2022 to 17 August 2022. This is a welcome announcement for Australian SMEs after the program was briefly paused on 30 May due to the change of Federal Government.
Now is the time to start preparing your 2023 EMDG Application. If you have not accessed the FY22 program, please get in touch and we can assist you through the EMDG application process.
What costs can you claim under EMDG?
The types of expenditure that are eligible subject meeting the requirements of the program include but are not limited to the following costs:
- Overseas Representative
- Marketing Consultants
- Marketing Visits
- Trade Fairs & Seminars
- Promotional Literature & Advertising
- Overseas Buyer
- Free Samples
- Intellectual Property registration offshore
- Marketing Training for Tier 1
Backed by industry expertise
As an Austrade approved EMDG consultant, we have a high success rate which means our clients can be confident the claim we submit for you will be the grant you receive. We have lodged hundreds of EMDG claims across many sectors, so are well versed in the eligibility requirements you need to meet as a claimant. As well as our extensive experience, we have developed a streamlined and efficient application process including in the new revised program that was launched in 2021 and continuing into future years.
Austrade statistics indicate self-lodgers have a lower average EMDG claim, compared to claims prepared by an Austrade approved consultant. We take our approval seriously, which is reflected by the fact that our error rate is lower than the average non-approved consultants and self-lodging applicants. By engaging us to prepare your EMDG application, you can be confident all your eligible expenses will be captured, and potentially a higher grant obtained.
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