--- title: Round 2 EMDG Amounts have been determined by Austrade description: Austrade has recently announced the amounts for Round 2 of Export Market Development (EMDG) Grants. Here's what you need to know. image: https://blog.azuregroup.com.au/hubfs/round-2-emdg-amounts-have-been-determined-by-austrade-azure-group-blog.png --- - [** Facebook ](https://www.facebook.com/AzureGroup/) - [** LinkedIn ](https://www.linkedin.com/company/the-azure-group/) - [** Twitter ](https://twitter.com/Azure_Group) - [** ourteam@azuregroup.com.au ](mailto:ourteam@azuregroup.com.au) - [** +61 2 9238 1188 ](tel:+61%202%209238%201188) [![azure-group_logo_-_High_Resolution_white-1](https://blog.azuregroup.com.au/hs-fs/hubfs/April%20-%202019/azure-group_logo_-_High_Resolution_white-1.png?width=387&name=azure-group_logo_-_High_Resolution_white-1.png "azure-group_logo_-_High_Resolution_white-1")](http://www.azuregroup.com.au/) [![azure-group_logo-m](https://blog.azuregroup.com.au/hs-fs/hubfs/April%20-%202019/azure-group_logo-m.png?width=387&name=azure-group_logo-m.png "azure-group_logo-m")](http://www.azuregroup.com.au/) [** **](##) Filter by Category [show all](https://blog.azuregroup.com.au) [ACCOUNTING](https://blog.azuregroup.com.au/topic/accounting) [TAXATION ](https://blog.azuregroup.com.au/topic/taxation) [ADVISORY ](https://blog.azuregroup.com.au/topic/advisory) [TECHNOLOGY ](https://blog.azuregroup.com.au/topic/technology) [INTERNATIONAL ](https://blog.azuregroup.com.au/topic/international-business) [WEALTH ](https://blog.azuregroup.com.au/topic/wealth) [SMART TIPS ](http://azuregroup.com.au/about-us/smart-tips) [CHAMBER](http://azuregroup.com.au/NSW-business-chamber-partnership) [MEDIA](##) Filter by Category ** - [Show All ](http://thoughtmate-1.hs-sites.com/orange-blog) - [ACCOUNTING](https://blog.azuregroup.com.au/topic/accounting) - [TAXATION ](https://blog.azuregroup.com.au/topic/taxation) - [ADVISORY ](https://blog.azuregroup.com.au/topic/advisory) - [TECHNOLOGY ](https://blog.azuregroup.com.au/topic/technology) - [INTERNATIONAL ](https://blog.azuregroup.com.au/topic/international-business) - [WEALTH ](https://blog.azuregroup.com.au/topic/wealth) - [SMART TIPS ](http://azuregroup.com.au/about-us/smart-tips) - [CHAMBER](https://blog.azuregroup.com.au/topic/nsw-business-chamber) - [MEDIA](##) # Round 2 EMDG Amounts have been determined by Austrade ** [Azure Group](https://blog.azuregroup.com.au/author/azure-group) ** Nov 06, 2022 ![round-2-emdg-amounts-have-been-determined-by-austrade-azure-group-blog](https://blog.azuregroup.com.au/hubfs/round-2-emdg-amounts-have-been-determined-by-austrade-azure-group-blog.png) Export Market Development Grant The Export Market Development Grant (EMDG) program is an Austrade initiative that assists Australian businesses in expanding into international markets, by providing key funding for the promotion and marketing of goods and services internationally.* Austrade has recently announced the amounts for Round 2 of EMDG*. Here's what you need to know. --- How are EMDG amounts determined by Austrade? EMDG is an eligibility-based, demand-driven program meaning that the grant amount that businesses receive will vary each round depending on the available budget and the volume of applicants. This explains why the recently announced Round 2 EMDG amounts were less than what was received by applicants in Round 1 of EMDG. Once EMDG applications have been assessed, Austrade will *evaluate the eligibility of all applicants and will subsequently identify their funding capabilities*, which will be distributed across all eligible EMDG applicants within *Tier 1, Tier 2 and Tier 3*. Following this, *EMDG Grant recipients will receive a grant agreement* outlining the requirements set out by Austrade, such as the obligation for businesses to match the dollar value of the EMDG Grant received in promotional expenses. [![DOWNLOAD EMDG ELIGIBILITY CHECKLIST](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/639540/3af283e4-0323-4cf2-b420-72c99c566a2c.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/639540/3af283e4-0323-4cf2-b420-72c99c566a2c) --- Maximum EMDG amounts Effective 1 July 2021, the maximum EMDG amounts specified by Austrade for each Tier are as follows: - Tier 1 – A maximum of $40,000 will be provided per financial year - Tier 2 – A maximum of $80,000 will be provided per financial year - Tier 3 – A maximum of $150,000 will be provided per financial year --- Round 2 EMDG amounts  The recently announced EMDG amounts for Round 2 are: - Tier 1 – up to $10,000 per financial year - Tier 2 – up to $18,000 per financial year  - Tier 3 – up to $28,000 per financial year  - Representative Bodies – up to $50,000 per financial year  --- **Grant agreements** Austrade will commence issuing grant agreements to all eligible Round 2 EMDG applicants from the *beginning of November 2022. * Once a Round 2 grant agreement is issued, recipients have 21 days to review and accept it. --- ** Future changes to EMDG agreements ** Austrade has acknowledged that many businesses will be dissatisfied with the decreased EMDG Grant funding for Round 2. In response, they have decided to make adjustments to the EMDG program, specifically, by *only issuing EMDG Round 2 Grant agreements for a maximum of 2 years, instead of the previously offered 3-year agreements*. This amendment was made in the interest of allowing Austrade to better manage the available funding, and also addresses feedback indicating that it can be difficult for businesses to plan for multiple years ahead.  The ability to access EMDG for a maximum of 8 years remains unchanged. To find out more about EMDG agreements, visit the Austrade website [here](https://www.austrade.gov.au/australian/export/export-market-development-grants/grant-agreements).  --- Contact Azure Group Azure Group's EMDG specialists can write and review your EMDG application and provide advice on how to maximise your claim, as well as manage reporting and auditing process. To find out more about our services, or for clarification about the EMDG  Round 2 amounts and future changes, please [get in touch!](https://www.azuregroup.com.au/contact-us)[![DOWNLOAD OUR GOVERNMENT GRANTS ROADMAP HERE](https://hubspot-no-cache-ap1-prod.s3.amazonaws.com/cta/default/639540/a6e38b77-38fa-4fe2-b19e-aacbb254a17d.png)](https://hubspot-cta-redirect-ap1-prod.s3.amazonaws.com/cta/redirect/639540/a6e38b77-38fa-4fe2-b19e-aacbb254a17d) Related: [Government Grants and Initiatives: Which one is right for my business?](https://blog.azuregroup.com.au/government-grant-and-incentives-how-can-i-get-a-government-grant) > Have you noticed our #FridayExpertTips... here's one that relates to #EMDG > > “Many Australian business owners struggle with exporting a product because of the complexities and expense. However, the Export Market Development Grant (EMDG) can help fund your expansion.”   --- *This article is intended to provide general information only, and is not to be regarded as legal or financial advice. The content is based on current facts, circumstances, and assumptions, and its accuracy may be affected by changes in laws, regulations, or market conditions.  Accordingly, neither Azure Group Pty Ltd nor any member or employee of Azure Group or associated entities, undertakes responsibility arising in any way whatsoever to any persons in respect of this alert or any error or omissions herein, arising through negligence or otherwise howsoever caused. Readers are advised to consult with qualified professionals for advice specific to their situation before taking any action.* ** [international business](https://blog.azuregroup.com.au/topic/international-business), [EMDG](https://blog.azuregroup.com.au/topic/emdg), [Export Market Development Grant](https://blog.azuregroup.com.au/topic/export-market-development-grant), [EMDG application](https://blog.azuregroup.com.au/topic/emdg-application), [EMDG Guide](https://blog.azuregroup.com.au/topic/emdg-guide), [EMDG Grant](https://blog.azuregroup.com.au/topic/emdg-grant), [Export Grants](https://blog.azuregroup.com.au/topic/export-grants) [** 4 Reasons It May Be The Right Time to Switch Business Accounting Firms ](https://blog.azuregroup.com.au/accountants-sydney/when-is-the-right-time-to-switch-your-business-accounting-firm) [** Claiming Overseas R&D Expenditure under the Australian R&D Tax Incentive ](https://blog.azuregroup.com.au/rnd-tax-incentive/claiming-overseas-rnd-expenditure-under-the-australian-rnd) ### About Author ![Azure Group](https://blog.azuregroup.com.au/hubfs/azure-group%20avatar%20high%20res-small.jpg) Azure Group Azure Group is the leading Chartered Accounting, Business Advisory and Strategic Advisory firm supporting the growth & success of fast growing entrepreneurial businesses. 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