Queensland exporters can now apply to the 2020 round of the Export Market Development Grant (EMDG) scheme, which reimburses eligible exporters for a percentage of their promotional costs in overseas markets.

Exporters can apply for reimbursement of costs incurred in the 2019–2020 financial year.

This year the scheme has received an extra $49.8 million in funding to help businesses deal with expenses caused by COVID-19, including the cost of promotional events cancelled due to circumstances beyond a business’s control.

Applicants to EMDG must have:

  • income of less than $50 million in the grant year
  • incurred at least $15,000 of eligible expenses in the grant year (first-time applicants can combine two years’ expenses).

They must also have promoted one of the following:

  • export of goods or most services
  • inbound tourism
  • export of intellectual property and know-how
  • conferences and events held in Australia.

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 cost 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.

See Austrade’s EMDG webpage for more information. Applications close 30 November 2020.

The Queensland Government is also offering a range of grants and assistance to businesses affected by COVID-19. Visit the COVID-19 business assistance finder for more information.