The Export Markets Development Grant (EMDG)
Introduction
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The Export Market Development Grant – E.M.D.G. – provides a financial boost for small and medium-sized Australian businesses to expand sales for their product range overseas. These grants from the Australian Government have been assisting small and medium-sized businesses to boost their potential to export overseas for thirty years. Generous deductions are available to offset the costs of marketing, promotions, communications, and capacity-building.
Who is Eligible?
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Your business would be able to benefit from this grant, if:
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You are an Australian business;
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Your product/s are made in Australia, including tourism services and events;
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You own the intellectual property rights to the product/s being sold;
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You have specialist capabilities, resulting from work mostly done within Australia;
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Your business turnover in the 2013 financial year was under $50 million;
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You have spent at least $15 000 on promoting and facilitating international exports during this financial year.
What Benefits Can I Receive?
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With proof that you have applied these resources for creating or increasing demand for your product, up to 50% of these costs can be returned. This includes a per diem payment of $300 during overseas visits, and an automatic +3% to cover communications costs.
The maximum grant available for individual applicants is $150 000.
