
The next round of Qld Grants will open on 4 May 2022. Other Grants follow on 31 May, and around early August (no date as yet).
For those businesses considering an Application, you need to be aware:
The business owner must personally make the Application (although we can assist with content such as purpose, a strategic plan, or referrals to specialists in most areas)
The grants are oversubscribed and usually close quickly, sometimes the same day as opening, so it is necessary to arrange quotes, draft the Application, etc., well before the opening date.
A Summary of the Grants (Details to come, information is for previous Rounds):
Business Basics, Round 3, $5,000
Opens 9am, 4 May 2022
Priorities are Coaching, Websites, Business advice, Marketing, Business succession, Cybersafety
Eligibility – current year Turnover under $300,000, registered for GST, located in Qld.
Business Growth, Round 4, up to $50,000
Opens 31 May 2022
Funding to buy specialised equipment to increase production and growth, expand workforce, and increase returns (by 20%)
Applicant must fund 25% of project costs, and have a clear opportunity and plan for growth
Eligibility – 3 years in business, turnover at least $500,000, project to be completed within 6 months.
Business Boost, Round 2, up to $15,000
Opens early August (not yet announced)
Funding for future planning, specialised software, staff development. Minimum amount funded $10,500.
Applicant must fund 30% of project cost
Eligibility – turnover between $300,000 and $600,000.
These are the basic details from previous Rounds and could be different for the current Rounds. If you intend to apply, allow some time (2 to 3 weeks) to obtain the information required and must be uploaded with the Application. Past experience showed that the Applications lodged on opening day exceeded the Grant Sum Available, so the Round was closed quickly.
We will provide more detailed information on each as it becomes available, and how we can perhaps assist with your project or the application.
Comments