Walker Hill Group

3 Small Business Grants Available NOW

There are currently three awesome Small Business Grants from Queensland Government available NOW. For those in Small Business, we think you need to know about them.

Here you will find out what they are, how they help small businesses and whether or not you could be eligible!

 

  1. Accelerate Small Business Grants

What is it?

The Queensland Government is providing $3 million in grant funding over 3 years to established Queensland-based small businesses to engage an advisory board or independent advisor, for between 6–12 months.

The Accelerate Small Business Grants Program provide targeted assistance to small businesses that demonstrate high-growth and employment aspirations to enable them to engage high-level expertise for their business.

Available funding

Matching funding of up to $10,000 (excluding GST) may be provided to eligible businesses to engage business mentors, coaches, or an advisory board. Funding as a must be matched by a cash contribution from the participating business.

Two grant payments will be made directly to the business, with 50% paid on grant approval and a further 50% paid on successful completion of the project.

Are you eligible?

To be eligible for this grant, the business must:

  • Minimum trading history of 4 years
  • Minimum turnover of $750,000
  • Maximum headcount of 20 employees at the time of application
  • Australian Business Number (ABN)
  • Have a Queensland headquarters or significant Queensland operations
  • Have competitive opportunities in domestic or international markets
  • Be experiencing growth and have clearly defined high-growth opportunities
  • Declare if any owners or directors of the business are an undischarged bankrupt or insolvent.

 

 

  1. Small Business Digital Grants

What is it?

The Small Business Digital Grants Program provides small businesses with access to digital technologies and services to enable them to work smarter, engage with the global economy and make the most of the online business opportunities arising from digital disruption.

Available funding

Matching funding of up to $10,000 (excluding GST) may be provided to eligible businesses for the purchase of hardware, software, and services (such as digital coaching). You as a  business must show that the digital technology or service purchased and adopted will enhance the digital capabilities of their business and help them to be more competitive and employ more staff.

Are you eligible?

To be eligible for this grant, your business must:

  • Fewer than 20 employees at the time of applying for the grant
  • Australian Business Number (ABN) and be registered for GST
  • Based in Queensland
  • Have a turnover of $2 million or less in the last 12 calendar months
  • Declare if any owners or directors of the business are an undischarged bankrupt or insolvent.

 

 

  1. Small Business Entrepreneur Grants

What is it?

The Small Business Entrepreneur Grants Program. This program provides new small businesses access to professional advice, planning, coaching, and training to help them get up and going.

Available funding

Matched funding of up to $5,000 (excluding GST) may be provided to eligible businesses to hire a consultant, advisor, or business coach to help establish or develop the business. The advice must fall under one or more of the following areas:

  • Professional business, tax, computing, legal or financial (accounting) advice
  • Mentoring/coaching
  • Business and strategic planning
  • Market research and marketing strategies, including branding strategies and social media/digital strategies.
Are you eligible?

To be eligible your business must:

  • Have a business name registered within the last 4 years
  • Fewer than 20 employees at the time of applying for the grant
  • Australian Business Number (ABN) and be registered for GST
  • He based in Queensland
  • Declare if any owners or directors of the business are an undischarged bankrupt or insolvent.

 

 

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