There have been changes to the Emdg act.... All good says Ivan Kaye at Business Strategies International.
The amendments have delivered on the Coalition's pre-election commitment to progressively restore funding to EMDG starting with an initial $50 million boost over four years.
These changes are:
> An increase in the number of grants able to be received by an applicant from seven to eight
> A reduction in the minimum expenses threshold required to be incurred by an applican from $20,000 to $15,000 -( great for new exporters )
> A reduction in the non-reimbursable threshold from $10,000 to $5,000
(More money for you )
> Enabling a grant to be paid more quickly where a grant is determined before 1 July following the balance distribution date.
(Money quicker for you)
> if you lodge on your own - deadline is 1 dec 2014 -
If you lodge through an acreditted Emdg consultant (us) deadline is 3 march 2015
BSI have been EMDG and grant specialists for 27 years accessing hundreds of millions of dollars in grants for small business.
We would be more than happy to meet with you and identify ways that we can maximise any grants that you may be eligible for!
Please feel free to call, email or text us.