Take your business global. Source: Unsplash/Ben White

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Lois Maskiell

Cheat sheet: Take your business global with $770,000 worth of export grants

Lois Maskiell
cheatsheetCheat Sheet
4 minute Read

The federal government’s Export Market Development Grants (EMDG) were overhauled for the 2021 financial year, with the model changing from a reimbursement program to a grants scheme.

The major change was announced in the October 2020 budget when the federal government revealed it would inject about $230 million into revamping the scheme.

In a similar vein to the previous program, the new grants-based scheme will encourage Australian SMEs to undertake export activities for goods, services, IP and software activities in overseas markets.

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