New small business grants announced

New small business grants announced

The Queensland Government has announced three new small business grants programs worth $25 million over two years.

The Business Basics, Business Boost and Business Growth Fund grants will target specific groups within the sector and continue to deliver on the Government's election commitments to small business.

The grants are being rolled out based on direct feedback received from small business owners through the Small Business Roadshow and online survey which showed support programs are needed to assist Queensland businesses at different stages of the business lifecycle.

Small business grants

  • Business Basics grants of up to $5,000 each support new and emerging businesses to increase core capabilities and adopt current best practice. Applications open May 31, 2021.
  • Business Boost grants of up to $15,000 will help small businesses to improve their efficiency and productivity through organisational development and upgrades through automated software and CRM Systems. Grants can be used for website development and upgrades, strategic marketing, training and coaching, advisory services and planning for business continuity and succession. Applications open late July 2021.
  • Business Growth Fund grants of up to $50,000 will allow businesses to buy highly specialised equipment to seize and accelerate growth opportunities. Applications open May 11, 2021.

Following the extensive consultation, the grant programs are also being delivered over the coming months to provide businesses with time to prepare prior to application periods. The upcoming grant schedule is now available on the Business Queensland website.

The Queensland Government thanks small business owners who have been involved in the consultation process and contributed to the delivery of the new package of grants programs.

Small business operators should visit the Business Queensland website to access the grants schedule as well as guidelines and eligibility information for the Business Growth Fund to get ready to apply.

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