The Export Market Development Grants (EMDG) scheme is a key Australian Government financial assistance program for aspiring and current exporters. The maximum rebate on eligible overseas marketing expenses is $150,000. However the grant program is over subscribed and therefore a two tranche payout process exists.
Tranche 2 payout factor
Austrade announced today the payout factor for all applicants with a tranche 2 payout for FY15 of 72.6602%.
Businesses entitled to an EMDG grant of more than $40,000 should have received their first tranche payment of $40,000 when their claim was approved.
The final payment for businesses entitled to a grant of more than $40,000 will be calculated with a payout factor of the grant total less $40,000 times 72.6602 per cent.
More information about EMDG and how to apply:
To find out if you are eligible for EMDG and what expenses you can claim try our eligibility wizard or call 03 9008 5937.