Queensland SMEs have until early December to apply for an Export Market Development Grant (EMDG) to help cover the cost of promoting their products in export markets.
Run by Austrade, the EMDG program reimburses small and medium-sized Australian businesses with up to 50% of eligible export promotion expenses.
It is open to aspiring and current exporters from a wide range of industries.
Austrade is currently accepting applications for reimbursement of funds spent in the 2018–2019 financial year.
- have an income of less than $50 million for the year
- have spent at least $15,000 on export promotion in the year (or over the past two years for first-time applicants).
Successful applicants can receive up to 50% reimbursement of eligible expenses, less the first $5,000, with a maximum grant of $150,000 per application.
Eligible expenses include the costs of:
- overseas representation
- marketing consultants and visits
- trade fairs, seminars and in-store promotions
- promotional literature and advertising
- product samples
- bringing potential buyers to Australia
- registration and insurance of eligible intellectual property.
Some expenses and export markets are excluded from the program, and potential applicants should check their eligibility before applying.
In 2017–18, more than 3,700 Australian businesses received EMDG funds totalling $131.6 million.
Applications for this year’s funding close 2 December 2019.
Increasing Queensland’s share of national exports is a key goal of the Queensland Trade and Investment Strategy 2017–2022.