Do you have clients who are exporting or proposing to export?
If so, they could be eligible to apply for the Australian government’s Export Market Development Grant.
Applications in respect of eligible export market development expenditure for the year ended 30th June 2016 closes on 30th November 2016.
There’s a wide range of eligible expenditure under this grant, including:
- Overseas representation – subject to a maximum of $200,000 per application
- Marketing consultants/professional fees from the engagement of short-term market development consultants – subject to a maximum of $50,000 per application
- Overseas market visits incorporating airfares – only 65% of first class airfares may be claimed
- Accommodation, living and entertainment allowance – maximum of $300 per day
- Taxi fares and departure taxes
- Communication costs relative to telephone, facsimile, email, posting, internet expense
- Product samples being supplied to customers or potential customers
- Trade fairs, seminars and install promotions
- Promotional material covering items such as advertising, brochures, samples, stationery, videos, CDs
- Overseas buyers – cost of bringing overseas buyers to Australia – maximum of $7.500 per buyer per visit with a maximum of claim under this category of $45,000
To be eligible for the Export Market Development Grant, the applicant can be any type of business entity but has to be the principal for the export transaction. Claims can be made on 50% of the eligible expenses, to a maximum claim of $150,000. First time applicants can combine two years of activities to accumulate expenses in excess of the minimum expense amount of $15,000
If you would like to receive a complimentary copy of the special article we produced on the Export Market Development Grant, please send an email to peter@essbiztools.com.au.
Peter Towers | Managing Director, ESS BIZTOOLS
- Innovative Advisory Services SMEs are looking for - 27 November 2023
- Delivering virtual CFO services offers you the Financial Storytelling Role - 14 November 2023
- Delivering the services that the market needs - 1 November 2023
![[Nominate today] A simple act of recognition can spark real confidence](data:image/svg+xml;nitro-empty-id=MTA0Mzo5ODE=-1;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMTA4MCAzMDAiIHdpZHRoPSIxMDgwIiBoZWlnaHQ9IjMwMCIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj48L3N2Zz4=)
