Exporter Grants and Government Programs for Australian Exporters 2020 (NSW ONLY)

Nico Chan

Hi There

Are you an SME or startup based in NSW that wants to expand overseas or export your products abroad? We have compiled the best government and exporter grants (e.g. EMDG) and resources to help you fund and support the export of your products and services.

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Financial Help

Other non-financial, but very useful programs

Exporter Grants and Financial Help

Piggy bank

#moneyinthebank

The Export Market Development Grants (EMDG) reimburses promotional expenses for exporters aiming to increase their international sales. Promotional expenses may include things such as overseas representation, marketing consultants, free samples, trade fairs, seminars, advertising.

Funding is provided to compensate eligible export businesses up to 50% of their promotional expenses above $5000, up to a maximum of $150,000, provided total eligible expenses incurred amount to at least $15,000. Each successful applicant may be entitled for up to eight consecutive grants.

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The Small Business Export Loan provides small SMEs with loans to help them take advantage of export opportunities when financial institutions can’t help. Loans of $20,000 – $350,000 are available to cover up to 80% of your export contracts or purchase order.

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Export Finance Australia loans are available to help small and medium sized businesses secure the finance required to meet specific export contracts or purchase orders when traditional lenders are unable to help.

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Export Finance Australia provides export businesses or companies in an export supply chain with a guarantee to help access finance from their bank.

The benefits of guarantees include the ability to get further finance which may be required to deliver on export transactions or overseas expansion, flexibility to tailor loan amount and term, availability for pre and post shipment finance.

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Export Finance Australia provides small to medium export businesses with bonds as security for export contracts.

If you need to provide bonds (or guarantees) as part of a contract and your bank is unable to provide a bond or requires security you are unable to provide, this may be able to help you.

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The Duty Drawback Scheme allows exporters to get a refund on customs duty paid on imported goods, where those goods are to be treated, processed, or incorporated in other goods for export, or are exported unused since importation.

The minimum claim per application for duty drawback is $100.

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Other non-financial, but very useful programs

Exporter shipping yard

#iloveexporting

Australian Trusted Trader provides Australian importing and exporting businesses with the opportunity to earn free accreditation to reduce the red tape involved at the border.

Accredited businesses are able to streamline their processes and expedite the flow of their cargo in and out of Australia, facilitating faster access to markets.

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Landing Pads provides start-ups with a workspace for up to 90 days within an established startup accelerator, giving you the opportunity to work alongside some of the best startup enterprises from around the world and access to coaching, investors, customers, training, networking events and more.

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Bonus Material

Exporting tips and advice from the NSW Business Chamber.

Step-by-step guide to exporting brought to you by Austrade.

General information on exporting from business.gov.au

Noah – a virtual business concierge developed by HHQ that provides you with valuable resources and information to support you and your business through COVID-19.

Chatbot Virtual Business Concierge

Good luck and happy exporting!

 

 

 

 

 

 

 

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