Export Market Development Grant (EMDG) – Round 4

The EMDG is an Australian Government initiative that helps businesses expand into international markets by funding up to 50% of eligible export promotion expenses.

Significant changes have been introduced in Round 4, including a shift to a “first in, first served” application process, with a limited budget and reduced timeframe. This means businesses must act fast to secure their place. We encourage you to complete our Eligibility Questionnaire today – get a response within 24 hours and take the first step toward expanding your global reach.

EMDG Grant Summary

Grant Amounts:

• Tier 1 (min. $100,000 revenue for the 2023-24 FY):
  Up to $30,000 per financial year for up to 2 years
  
• Tier 2 (min. $500,000 revenue for the 2023-24 FY):
  Up to $50,000 per financial year for up to 2 years
  
• Tier 3 (min. $1,000,000 revenue for the 2023-24 FY):
  Up to $80,000 per financial year for up to 2 years

• The applicant must:
  • • Have a valid ABN operational for at least 2 years
    • Own the Intellectual Property (IP) or have the rights to sell the product/service
    • Have an assessable income of less than $20 million (for the 2023-24 FY)
    • Prove it has the capacity to spend at least $20,000 per financial year
    • Be tax-compliant and fit to receive a grant
    • Tier 3 applicants must target specific countries
    • Be exporting or promoting at least one of the following to overseas buyers:
      • • Goods made in Australia
        • Goods made outside Australia where Australia could derive a significant net benefit
        • An Australian tourism service
        • Intellectual property generated from work done in Australia
        • A trademark owned, assigned, or first used in Australia
        • Know how from work mainly done in Australia
        • An event held in Australia

Eligible Expenses:

• Maintaining a representative in a foreign country (e.g. engaging an international representative in a foreign country for a minimum of 6 months to conduct market research or promotional activities of your product/service)
• Short trips to a foreign country (e.g. economy airfares, accommodation, food and ground transport for up to 21 days of an overseas trip for you or a company representative)
• Consultants (e.g. engagement of a consultant to conduct market research or promotional activities of your product/service in a foreign country)
• Short trips within Australia (e.g. food, accommodation and transport related to marketing your eligible product to potential foreign buyers)
• Foreign buyer visits to Australia (e.g. paying for the economy airfares, accommodation, food & other incidentals for a prospective foreign buyer visiting Australia)
• Soliciting for business in a foreign country (e.g. exhibiting at an international trade show)
• Free samples (e.g. costs incurred to send sample products overseas)
• Promotional and advertising material (e.g. Facebook/Instagram/TikTok/Google Ads advertising expenses in an overseas market such as the United States)
• Intellectual property rights (e.g. the registration of patents or trademarks in foreign countries)
• Training activities – Tier 1 applicants and representative bodies only (e.g. training of staff to better market goods/services in foreign countries)

Applications Open: 12th November 2024

Applications Close: Once funding is fully allocated for each tier (could be days or even hours)

Why use prmpt. as your grant consultant?

1. We specialise in the R&D Tax Incentive and Export Market Development Grants (EMDG)
2. We are registered Tax Agents and associates of the Export Consultants Association Incorporated (ECAI) body
3. We manage the entire process for our clients, including:
   • Full grant application + detailed plan to market + supporting documentation
   • Management of EMDG budget
   • Quarterly budget review
   • Milestone report submissions
   • Negotiation of milestone payments
4. Avoid the risk of ineligibility or missing out due to an average application
5. We have a proven track record with a 100% success rate for all current and past EMDG clients

We’ll review your eligibility and send you a proposal on how to proceed within 24 hours.