Queensland is a hub for small businesses, and the government is always looking for ways of making it easier for them to grow and thrive. One of the ways this is achieved is through small business grants. These grants are designed to assist small businesses to get off the ground or expand with government backing. In this article, we’ll discuss some of the top QLD small business grants that can help you supercharge your business.
1. Business Growth Fund Program
The Business Growth Fund Program is the first on the list of small business grants designed for Queensland businesses. It provides funding of up to $50,000 for businesses that are looking to take their next step in growing. The grant can be used for business development, improvements, or even buying new equipment. With strict eligibility criteria, this grant is open to businesses with innovative ideas that have the potential of generating economic growth and sustained job opportunities for Queensland.
2. Ignite Ideas Fund
The Ignite Ideas Fund offers up to $200,000 for businesses that have an innovative idea that has the potential to create jobs, develop new products, and increase exports. If you’re looking to innovate in your business, this grant may be right for you.
3. Small Business Digital Grants Program
The Small Business Digital Grants Program offers up to $10,000 to translate digital innovation into business growth. With the majority of businesses operating online, this grant is designed to help businesses to embrace digital technology. Eligibility is limited to businesses with less than 20 staff members and a turnover of less than $2 million annually. The grant can be used to develop a new website, build an online store or implement digital marketing tactics.
4. Skilling Queenslanders for Work
This grant is managed as a four-year program that emphasizes the need to invest in the skills of Queensland’s workforce. Businesses can apply to receive funding when they take on and train unemployed or underemployed workers. The program offers up to $20,000 for businesses to hire an employee that requires further training. The grants can cover expenses such as wages, training and training materials needed to upskill the employee.
5. Back to Work Program
The Back to Work program is designed for businesses that are looking to hire unemployed and underemployed Queenslanders. Eligible businesses can receive grants up to $20,000 for hiring employees in identified regions of Queensland. The grant amount can be used to cover costs related to training, tools needed for certain jobs, or work dress requirements.
Conclusion
In conclusion, Queensland offers various small business grants that can help businesses take their next step forward. Whether it’s investing in digital technology, hiring new staff, or developing an innovative idea, there are grants available to help turn your plans into reality. With these grants and government support, small businesses in the region can take their businesses to the next level.
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