Australia has a robust export and tourism industry, generating billions of dollars in revenues each year. Get a bigger slice of the pie when you drive your business to success. Pattens is here to help you find and secure government export grants.
Australia’s Export Industry and the EMDG grant
As the world’s 23rd biggest export economy, Australia’s annual exports amount to $185 billion. Our main exports include gold, iron ore, copper ore, coal briquettes, and wheat, although Australian exporters deal in a diverse range of products, including wine, wool, coffee, and meat.
However, promoting products overseas comes with a risk and at a cost. That’s why the government offers financial assistance in the form of grants, duty concessions, and loans.
Under Australian law, exports are defined as products or services sold to non-residents based locally or overseas.
When an exporter receives payment in which the source of funds originates either directly or indirectly from outside Australia, that business may be eligible for a government export grant. Moreover, it’s not necessary for the goods to be produced in, or dispatched from Australia.
The Export Market Development Grants (EMDG) is perhaps the best known financial assistance scheme for aspiring or established Australian exporters. The Austrade-administered program supports exporters across many different industries.
The EMDG grant reimburses up to 50% of an exporter’s eligible promotional expenses, with a maximum grant of $150,000. Promotional expenses must amount to a minimum of $15,000. The goal of this export grant is to help small and medium enterprises (SMEs) boost international sales.
The Federal Government increased funding for EMDG in April 2019 by $20 million for the 2019, 2020 and 2021 years.
This financial boost is meant to help Australian exporters gain more exposure and build brand awareness in international markets, as well as nurture relationships with prospective consumers.
In 2018, over 4,000 SMEs tapped the EMDG scheme and generated exports of over $3.8 billion.
The deadline for applications is 30 November of each year with extended lodgment to 28 February available through Patten’s Austrade approved, QIP accredited team.
To increase your chances of securing the EMDG grant, let Pattens assist you. Our team of consultants brings over 30 years’ experience to the table.
There are many territory and state-specific schemes that offer financial support to those in the export business. Talk to any of our consultants today to find an export grant in your state.
Tourism in Australia
Australia is the 8th largest market in the world for travel credits, with overseas visitors flying down under for holidays, business trips, educational experiences, and other purposes.
Tourism is one of the country’s largest economic contributors, with inbound tourism responsible for up to one-quarter of the tourism sector’s gross domestic product (GDP). The country also ranks first in the world for visitor spend per trip.
Tourism encompasses industries and businesses that provide travel information, transportation, accommodations, and related services to non-residents.
As with the exports industry, the EMDG grant is a frontrunner in the tourism sector, giving SMEs valuable financial support.
The Australian Small Business Advisory Service Northern Australian Tourism Initiative (ASBAS NATI) also helps small and medium-sized businesses and business intenders in the tourism sector benefit from low cost one-on-one advisory services related to funding, management, and digital engagement from select not-for-profit providers.
SMEs with 19 or fewer full time equivalent (FTE) employees that are based in Northern Australia, and which cater to tourism customers, are eligible. There is no application process; however, ASBAS NATI service providers are paid a nominal fee.
Pattens can help you gain access to tourism grants with which to build and strengthen your business. We understand that tourism is a competitive sector, and that businesses need every advantage in order to thrive.
Our experts craft strong proposals that highlight the potential of your business. We secure grant funding by emphasising how your services benefit the community and the industry at large.
The Pattens Promise
With the guidelines, criteria, and submission dates for government grants being updated from year to year, it can be impossible for aspiring entrepreneurs to find which grants are available at any given time. That’s why we’re here.
The professionals at Pattens are familiar with 1000+ grants currently being offered. We know what it takes for an application to be successful. Let us share our 30+ years of experience with you when we find a government grant for your business.
Contact us today for a free no-obligation consultation.
We’re passionate about helping aspiring and current entrepreneurs succeed in export and tourism. That’s why we observe an unmatched level of professionalism in conducting research and preparing grant applications.
Our 99% success rate speaks for itself. And if you’re not convinced, you can get our service free if you fail to secure funding.
More Information on Government Export Grants
Australian entrepreneurs can choose from thousands of grants each year. If you haven’t found a grant that you may be eligible for, you may qualify for private funding or an unlisted grant. The experts at Pattens can give you access to these funding opportunities, so feel free to reach out. We offer a free report detailing the different grants that can help your business.
Our staff have extensive backgrounds in international business, exports, and finance. This rare combination of expertise is practically unheard of in grants consultation, making us a worthy partner in your pursuit of government grants.