Posts tagged EMDG grant
Changes to the EMDG grant scheme for 2010/11 onwards
Jul 12th
(EMDG Amendment Act 2010)
Legislation has been passed that will result in a number of changes to the Export Market Development Grants (EMDG) scheme for expenses incurred from 1 July 2010 and applications lodged from 1 July 2011.
The changes aim to both extend the life of the EMDG scheme and better balance the cost of the More >
09/10 EMDG initial payout maximum only $27,500
Jul 12th
From 1 July 2010, the maximum amount initially payable for eligible expenses incurred in the grant year 2009-10 under the EMDG scheme will be $27,500.
This is the maximum amount that will be paid as an initial installment to eligible EMDG applicants upon assessment of their grant application.
New website for Export Grants – Export Finance Navigator
Jun 20th
Minister for Trade Simon Crean today welcomed the launch of a new website that will help Australian small and medium businesses find a way to finance their expansion offshore.
Export Finance Navigator (wwww.exportfinance.gov.au) is a brand new independent and comprehensive source of information on export finance.
“The website informs exporters not only about export finance tools in More >
TradeStart Program continues with $14.4m of funding
May 31st
The TradeStart program was scheduled to conclude in June 2010. From July 2010 the program will continue the identified strengths of TradeStart and will deliver Austrade trade and investment services from a reduced number of locations across Australia. The Rudd Government will invest $14.4 million over the next four years to continue the TradeStart program.
EMDG 2009 shortfall in funds for claims above $50,000
Apr 5th
The popular Export Market Development Grants (EMDG) scheme has attracted an unexpectedly high number of applications from Australian exporters this year. The extra demand demonstrates the success of Australian exporters in weathering the Global Financial Crisis but it also means there is a funding shortfall for larger grant claims.
There are approximately 1,450 companies (30 per cent of grant recipients) likely to be approved for grants in excess of $50,000. These companies are expected to be paid at the rate of between 50 and 70 cents in the dollar on the balance of their claims above $50,000.
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