A new eligibility criteria for the federal government’s troubled Export Market Development Grants program came into effect on Friday, conferring additional powers on the Austrade chief executive.
The Export Market Development Grants (EMDG) Amendment Rules introduce a new structure to the eligibility criteria, making the program more “entitlement-based” as opposed to awarding grants to all eligible applicants.
Applicants to the program will need to have a minimum annual turnover of $100,000, the capacity to spend $20,000 on eligible activities, and have been in operation for at least two years prior.
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