The Export Market Development Grant scheme has been given a $50 million boost in the Federal Budget following concerns that up to 2000 businesses would not get full payments.

The additional $50 million will be given to help fund the EMDG scheme for 2008-09, along with the previously promised $50 million for the 2009-10 year.

About 1800 businesses that applied for grants of over $40,000 were told they would only receive about 30% to 50% of the payments. The Government says the extra funding means those businesses will now receive 100% of their costs returned, with payments to begin next month.

The EMDG grant assists small and medium exporters by reimbursing them for promotional costs.

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