Export Market Development & Financial Assistance Grants

 

Export Market Development Grants

The Australian Government provides funding under the Export Market Development Grants Scheme (EMDG) to assist Australian businesses enter export markets. Annual financial grants of up to a maximum $150,000 ($ for $) are available for up to 7 grant years provided individual companies are eligible and can meet the funding and evidentiary criteria.

We have over 25 years experience in assisting companies to receive the maximum annual grants available . We prepare the pre-requisite Export Business Plan and other essential documentation required to meet the eligibility criteria. The costs of our consultancy services are eligible for reimbursement under the EMDG Scheme.  Read below for more information about eligibility.

We Help Businesses Achieve Growth By Selling Overseas

Selling goods or services overseas can be a profitable way of expanding business, spreading risks and reducing dependence on the local market.

Exporting exposes businesses to new ideas, management practices, marketing techniques, and ways of competing that a business may not have experienced domestically. All this considerably improve a businesses ability to compete in the domestic market as well.

By going overseas, you can become more efficient and increase your productivity. Exporting companies have better growth prospects, highly skilled, highly productive staff and tend to adapt technology and best practice techniques faster.

Exporting can be a natural progression after establishing a domestic market presence. If your company has  a limited domestic market, you should think about exporting.

We Help Businesses Become Export Ready

Our team has over 50 years experience in export market development and financing for export. A senior member is a former Australian Government Trade Commissioner with over 25 years experience in overseas trade and export marketing, including serving in overseas posts.

We are able to assess a company’s readiness for export and guide and assist in accessing export market opportunities.

Exporting consumes time and money, and requires strong management commitment.  In the initial stages of export planning, management can expect to be diverted from existing domestic business. However, for many companies, this short term stress will provide longer term rewards. To achieve success, managers need to have a plan and remain in control of their business.

Accessing Export Market Development Grants

Structured market research and development of an export plan are essential in the first phase of preparing to sell overseas. The Australian Government provides funding under the Export Market Development Grants Scheme (EMDG) to assist Australian businesses enter export markets. Annual financial grants of up to a maximum $150,000 ($ for $) are available for up to 7 grant years provided individual companies are eligible and can meet the funding and evidentiary criteria. A pre-requisite to applying for a grant is preparation of an Export Business Plan.

We have over 25 years experience in assisting companies to receive the maximum annual grants available . We prepare the pre-requisite Export Business Plan and other essential documentation required to meet the eligibility criteria.

Export Development Costs/Eligible Grants Expenditure

Developing export markets can involve a range of fixed costs that do not apply to domestic sales. Some of these costs are eligible for reimbursement on a $ for $ basis under the EMDG scheme. Costs that are not specific to an individual export contract or shipment can include:

  • Export consultant costs
  • Research into international markets
  • Travel to overseas markets
  • International communications
  • Production of export literature (including translations)
  • Modifications to your product or service
  • Packaging and labelling (products)
  • Product liability insurance or other insurances
  • Compliance with foreign standards
  • Credit checking
  • Export financing charges
  • Promotional costs.

 

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