Business grants

 

Business grants can provide valuable resources for organisations.

They can help businesses to become more productive, employ more people, improve market access and increase their scale, diversity and profitability.

There are an array of business grants available at any one time. The MMA has compiled a list of grants currently available that may be of interest to Melbourne Market businesses.


Export Market Development Grants (EMDG) scheme

The Export Market Development Grants (EMDG) scheme is a key Australian Government financial assistance program for aspiring and current exporters. Administered by Austrade, the scheme supports a wide range of industries.

The EMDG scheme:

  • encourages small- and medium-sized Australian businesses to develop export markets
  • reimburses up to 50 per cent of eligible export promotion expenses above $5,000 provided that the total expenses are at least $15,000
  • provides up to eight grants to each eligible applicant.

Closing date: Ongoing


Research and Development Tax Incentive

The Research and Development (R&D) tax incentive encourages companies to engage in R&D benefiting Australia, by providing a tax offset for eligible R&D activities. It has two core components:

  • a refundable tax offset for certain eligible entities whose aggregated turnover is less than $20┬ámillion
  • a non-refundable tax offset for all other eligible entities.

Closing date: Ongoing


Advanced Manufacturing Early Stage Research Fund

Supported by the Commonwealth Government, the Advanced Manufacturing Growth Centre (AMGC) is calling for Australian manufacturers to submit their project ideas, with the new $4 million Advanced Manufacturing Early Stage Research Fund (AMESRF) to help take their concepts to the next level.

Closing date: Ongoing until 2020/2021


 

 

For all enquiries call 03 9258 6100

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