Changes to export development grant rules will lock up to 70 per cent of applicants out of the scheme, according to the consultants that advise small businesses on the grants, as the near 50-year-old program braces for a funding drop next year.
Changes announced by Trade minister Don Farrell in March increased the expected sizes of Export Market Development Grants (EMDG) but tightened the eligibility criteria.
It followed a change by the Morrison government that had opened up the eligibility requirements and switched the non-competitive program from a reimbursement model to a grants program paid after eligible expenditure is reported.
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