Export Market Development Grants (EMDG)
What is EMDG?
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 $10,000 provided that the total expenses are at least $20,000
• Provides up to seven grants to each eligible applicant
To access the scheme for the first time, businesses need to have spent $20,000 over two years on eligible export marketing expenses.
Applications for expenditure incurred in the financial year being claimed will open on 1 July of the following financial year and close on the 30th November of that year.
For Example, applications for the 2011-12 grant year open 1 July, 2012 and close 30 November, 2012.
Who can apply for EMDG?
Any Australian individual, partnership, company, association, co-operative, statutory corporation or trust that has carried on export promotion activities during the year for which they wish to apply for an export grant.
To be eligible, the business must have:
• Income of not more than $50 million in the grant year
• Incurred at least $20,000 of eligible export expenses under the scheme (first-time applicants can combine two years expenses)
• Principal status for the export business (some exceptions apply, eg. event promoters)
The business also must have promoted one of the following:
• The export of goods and most services
• Inbound tourism
• The export of intellectual property and know-how
• Conferences and events held in Australia
Under Austrade's Export Market Development Grants (EMDG) scheme, certain organisations and groups, who would not otherwise be eligible to apply for a grant under the general provisions of the EMDG Act can obtain approved status to enable them to apply for a grant in their own right. The two categories of approved status available include approval as an Approved Body and Joint Venture.
To find out more about EMDG Special Approval status see www.austrade.gov.au
How can the Export Consultants Group help me to apply for and maximise my grant?
The Export Consultants Group (ECG) was established to represent the interests of Australian exporters and export consultants. Since its inception in 1994, ECG has been involved in lobbying both government and the bureaucracy to enhance and improve the effectiveness of the EMDG Scheme to assist Australian businesses to create and expand export markets for their products and services.
The existence of the Scheme in its current format can be attributed substantially to the work that has been done by the ECG committee and its members over the years.
Currently, ECG has approximately 100 members, representing all types of consultants, from large consulting firms to small, one-person operations. A survey of members indicated prior assistance to over 2,000 EMDG applicants and previous work with over 4,000 exporters.
The ECG organises regular professional development days to ensure that its members keep up to date with technical developments with EMDG. ECG members can advise on all aspects of EMDG eligibility, and can manage the preparation and processing of your EMDG claim to ensure you get the largest grant you are entitled to.
Austrade statistics show that Australian exporters that engage ECG members to advise on EMDG and prepare their claims generate higher than average export grants, with smaller adjustments, and faster processing time.
To locate an Export Market Development Consultant close to you, please click here.