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The EMDG Update newsletter provides information and updates about the Export Market Development Grants program.
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Austrade’s Export Market Development Grants (EMDG) program helps Australian businesses grow their exports in global markets. These grants encourage small to medium enterprises to market and promote their goods and services internationally.
From 1 July 2021 EMDG is operating as a forward-looking grant program, allowing grant recipients to plan their marketing and promotional activities with confidence, because they will know how much they will receive over the life of their grant agreement. Applications are open now and close 30 November 2021.
Free Austrade hosted webinars are being held each month during the application period (18 October and 15 November 2021). Register your interest to find out more about these changes, and how you can take advantage of EMDG to grow your export business.
EMDG reimbursement scheme – first tranche payments update
For the 2019–20 grant year EMDG funding increased to $223.4 million, with the addition of a $65.5 million boost announced in the 2021 Federal Budget. First tranche payments were up to $100,000 in 2020-21 as a COVID-19 recovery measure. This was higher than the first tranche payment of $40,000 for the past 5 financial years.
This additional funding saw over 80 per cent of claimants receive their full grant entitlement, an increase on the 62 per cent average over the past 5 years. The much higher first tranche payment means a second tranche payment will not be made this year.
For applications made from 1 July 2021, the EMDG 2020-21 grant year, an Initial Payment Ceiling Amount (IPCA), or first tranche payment has been set at $30,000 in line with previous years.
Export Performance Test
The government waived the export performance test requirements for those applying for a grant for the 2019–20 grant year, from 1 July 2020. This was a temporary measure, and the Export Performance Test will apply for the 2020-21 grant year, from 1 July 2021.