Insights
Round four of the Export Market Development Grants (EMDG) will open for applications from 12 November 2024 at 9:00AM AEST for Tier 1-3 applications.
The EMDG provides grants to Australian small and medium enterprises to support them in globally marketing and promoting their goods and services and in receiving export training.
Please note that applications will close once funding for each tier has been fully allocated.
All successful applications in the fourth round will be offered grant agreements covering up to two financial years for planned expenditure during the 2025/26 and 2026/27 periods.
What are the changes to the Eligibility Criteria?
The eligibility criteria for small and medium enterprises (SMEs) have been revised to better reflect the characteristics of successful exporters.
The key changes happening are:
1. Minimum annual business turnover requirements per grant tier.
These are:
- Tier 1 – more than $100,000 per year
- Tier 2 – more than $150,000 per year
- Tier 3 – more than $1 million per year
2. Marketing and promotional expenditure:
- SMEs must show the capacity to spend at least $20,000 on marketing and promotional activities per financial year. This expenditure must be exclusive and funded by the applicant’s own resources and cannot include any government grant money.
Have any questions or need help submitting your application? Contact the team at PKF today.
Looking for further details on eligibility criteria and application procedures?
2 Sept 2024
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