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 million
  • 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


 Regional Jobs Fund

The Regional Jobs Fund (RJF) aims to help the creation of new jobs in regional Victoria and also support the retention of existing jobs.

Closing date: Ongoing


Trade Mission Program

The Trade Mission Program provides businesses in Victoria with support and opportunities to attend overseas trade missions to maximise their export potential and access to international markets.

Closing date: Ongoing


Flower Business Bench marking

Flowers Australia have negotiated a discount benchmarking deal  for florist’s and farmers to benchmark their businesses against other retail florists and farms. Normally priced at $1,100 industry members can now participate for $750 (plus GST).

Closing date: Ongoing


 

 

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