2021-22 Export Market Development Grants
Australian Trade and Investment Commission (Austrade)
Overview
Austrade’s Export Market Development Grants (EMDG) program helps Australian businesses grow their exports in international markets. These grants encourage small to medium enterprises (SME) to market and promote their goods and services globally by providing matched funding for eligible promotional activities. They also assist representative bodies promote their SME members exports to overseas markets and train their members to be export ready. Types of grants for exporters Small to medium enterprise exporters can apply for a matched funding grant to assist with promotional expenses. Three different types of grants (called Tiers) are available. Each tier provides a different level of support for SMEs as reflecting the different stages of an exporter’s journey. Over the lifetime of engagement with this grant program SMEs may be eligible for 8 years of grants or a maximum of $770,000. Tier 1 Ready to export:First time exporters – 2 years and maximum $40,000 per financial year. Tier 2 Expanding:Expanding export promotion activities – 3 years and maximum $80,000 per financial year. Tier 3 Expanding and strategic shift:Expanding export promotion activities and making a strategic shift, for example targeting a new market or a new type of customer – 3 years and maximum $150,000 per financial year. Grants for representative bodies:Assistance for industry bodies and alliances (representative bodies) extends to training members who are new to export to become export ready. Representative bodies will continue to have access to financial assistance for promotional activities on behalf of their members in international markets, with grants of up to 3 years and up to $150,000 per financial year.
Verified 84 days ago
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