28 March, 2018 –
The new Business Growth Fund provides targeted assistance for small and medium sized businesses so that they can purchase specialised equipment or access professional advice to help their business grow. Eligible businesses can apply for grants of up to $50,000.
Small businesses take a lot of risks when expanding. This new fund encourages small businesses to expand sustainably, with expert advice and support, to provide Queenslanders with strong stable jobs.
The Business Growth Fund is open to businesses with fewer than 50 employees and a minimum turnover of $500,000. To apply for the funding, businesses must be able to make a contribution of between 25 per cent and 50 per cent.
Applications open from 28 March 2018 and applicants will go through a 2 stage assessment process, including a presentation to a panel of business experts.
For more information visit: www.business.qld.gov.au/growthfund