Funding for QLD small to medium businesses to buy highly specialised equipment
Business Growth Fund Program QLD
The Business Growth Fund provides funding for small to medium businesses to purchase and implement highly specialised equipment to help them seize growth opportunities.
Open
Closes in
8 days
Closing date: Tuesday 14 May 2024 Tue 14 May 2024
What do you get?
Funding of between $50,000 and $75,000 per project.
Who is this for?
Small to medium size Queensland businesses.
Overview
Examples of eligible highly specialised equipment includes, but is not limited to:
- production equipment to meet otherwise unachievable growth demand
- advanced manufacturing or digital equipment and systems
- advanced logistics systems and equipment.
Applicants must be able to fund at least 40% of project costs.
Check if you can apply
To be eligible, you must:
- have a minimum trading history of 5 years
- have a minimum turnover of $500,000 for the last financial year
- have a minimum of 5 and a maximum of 49 employees (by headcount) at the time of your application
- have an active Australian business number (ABN)
- be registered for goods and services tax (GST)
- be headquartered in QLD
- not have been approved for funding under an earlier round of the Business Growth Fund
- have competitive opportunities in domestic or international markets
- be experiencing growth and have clearly defined high-growth and employment opportunities in QLD
- not be insolvent or have owners/directors that are an undischarged bankrupt.
Apply now
Apply for the Business Growth Fund Program QLD
Find out more about your eligibility and how to apply.
Learn how to applyContact information
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