$100 million in small business grants and training to combat COVID-19

$100 million in small business grants and training to combat COVID-19

21 May, 2020 –

Many small businesses are hurting since COVID-19 and we want to help them get to the other side of the pandemic.

As part of Queensland’s Economic Recovery Strategy, we’re delivering $100 million in grants and training to give small businesses the tools to not only survive through the pandemic but come out of it stronger.

The Small Business Adaption Grants provide up to $10,000 per project to help pay for financial, legal or other professional advice, marketing and communications activities, and digital or technology strategy development.

They can also be used to buy specialised digital equipment or business-specific software to help move the business online.

Applications are open now and will close when funding has been exhausted.

For information on how to apply and eligibility, visit www.business.qld.gov.au

These grants are funded through the $500 million Worker Assistance Package, which includes rapid delivery of projects to assist those who have lost their jobs or income and small businesses adversely impacted by the COVID-19 pandemic.

Assistance currently available for Queensland small businesses includes:

  • Six-month rent relief for govt building tenants
  • Land tax relief for commercial property owners which must be passed onto tenants in the form of rent relief
  • Payroll tax relief – 2 month refund, 3 month holiday, 6 month deferral – most businesses will not pay payroll tax for 2020
  • $500 energy rebates for small and medium sized businesses
  • $500 million in interest free loans
  • Waiving of liquor licence fees
  • Free one on one mentoring
  • Free business resilience workshops at TAFE
  • 15 free online TAFE courses available through Jobs Finder portal.