Export Market Development Grant changes – new FY2025 applications have been cancelled

Austrade has recently announced that the Export Market Development Grant (EMDG) program will not be accepting new applications for the 2025 financial year (i.e. for the period 1 July 2024 to 30 June 2025).

Whilst the EMDG program has been around for decades, it undertook a significant revamp which took effect from 1 July 2021.  Businesses have been able to access the new program for the 2022, 2023 and 2024 financial years, but have been informed that, due to budgetary limitations, no new grant applications will be accepted in relation to the 2025 financial year.  It is noted that any businesses with grant agreements already in place that cover the 2025 financial year will still receive funding.

Austrade expects that the next round of applications will be for the 2026 financial year (i.e. for the period 1 July 2025 to 30 June 2026), and that it will accept these applications in late 2024 or early 2025.

If you would like to know more about this or any other government incentives in Australia, please get in touch to arrange a discussion.

By Dave Corbin, Managing Director of Catalyst Solutions Australia.

Leave a Reply

Your email address will not be published.