EMDG changes now in effect
The proposed changes to the EMDG program outlined in our news article dated 16/03/14 are now in place. They are effective immediately so will apply to current applications for expenses in the 2013/14 financial year.
The changes that may affect your application are as follows.
- Extending the number of EMDG applications from 7 to 8.
- Lowering the threshold expenditure required to apply from $20,000 to $15,000.
- Adjusting the grant calculation formula so applicants are reimbursed 50% of all costs over $5,000
If you are unsure how many applications your organisation has made then please contact us and we will help determine this figure.