General public Session Open up for Strategic Refocus of EMDG Method

Austrade is consulting on alternatives to increase Export Current market Advancement Grants (EMDG) outcomes. The session is in line with the Australian Government’s determination to greater align the method to its trade diversification and other coverage priorities and improve method outcomes.

Consultations will be open from 5 July to 11 August 2023.

Motivation to strengthening the popular method

The EMDG program has for practically 50 yrs contributed to Australia’s economic prosperity by supporting Australian companies to extend internationally. By supporting internet marketing and promotion routines, the system plays an significant position in encouraging Australian firms enter new markets and diversify their exports.

The Government is dedicated to guaranteeing the EMDG program:

• raises the number of new exporters
• supports industry diversification
• stays a sustainable plan into the potential.

The Federal government has questioned Austrade to consult with and provide suggestions on how the EMDG program can be refocused.

‘EMDG will continue on to supply considerable funding to aid little and medium firms to start out and diversify their exporting. This is an essential chance to assistance corporations and stakeholders to supply concepts on how to refocus the software to deliver enhanced rewards in line with the Government’s trade diversification priorities,’ claims Sam Palmer, Common Supervisor of Visitor Financial system & Customer Courses at Austrade.

‘This refocus follows the 2022 EMDG Operational Review that told us balancing the degree of curiosity in EMDG with the readily available funding is essential to make certain the preferred and valued plan can offer productive aid for Australian firms,’ she says.

EMDG refocus session paper

Austrade has formulated an EMDG Refocus Consultation Paper that builds on the Operational Overview solutions. The consultation paper identifies different techniques to:

• support Australian exporters to develop new markets
• be certain assist for exporters
• strengthen method sustainability.

Down load the paper at EMDG refocus consultation.

We are trying to find your feed-back

We want to hear from you about the options lifted in this session paper as properly as your sensible thoughts for ensuring the program’s sustainability. To take part in the session course of action, any one can: