The Business Boost Grants Program, for up to $15,000in funding,  is being offered under a changed process this year. The Department of Employment, Small Business and Training has ditched its virtual queue system (from the Business Basics grant), and is using instead a ballot system. 

Eligible organisations must have revenue(turnover) between $300,000 and $600,000 in the 2021/2022 financial year, and have a public website.

Step 1  Use the online tool to check your eligibility.

Step 2  Familiarise yourself with ALL the grant documents.

Step 3  Register interest with DESBT by 19th August.

Step 4  Prepare relevant quote(s) for the full application.

FUNDING

• Funding amount: Between $7,500 and $15,000 (excl GST)
• Applicant contribution: at least 30% of the total project cost
• Funding payments will not be made until the project and acquittal reporting is complete.

TIMELINES

• Registration of interest: Opens 12 Aug 2022. Closes 19 Aug 2022 (11:59pm)
  • Eligible businesses selected by ballot. Announced within 5 business days.
• Full application: Opens 29 Aug 2022. Closes 12 Sep 2022 (11:59pm)
  • Competitively assessed
• Projects length: 6-12mths, starting within one month of funding agreement.

OBJECTIVES

The expected outcomes of the program are to:

• boost turnover, profit, and employment;
• increase business confidence and skills; and
• improve business resilience and survivability.

ORGANISATION ELIGIBILITY

This is only for businesses that have:

• Less than 20 employees (headcount)
• Active ABN, GST registered, QLD headquarters
• FY21-22 turnover between $300,000 and $600,000.
• A publicly reachable web presence (eg. website, socials)
• Owners/Directors that are not insolvent or undischarged bankrupt
• Not have received Business Boost grant funding under Round 1

PROJECT ELIGIBILITY

Project must fall under one of the following priorities:

• Future planning
  • Strategic business planning for innovation or growth
  • Implementing a governance board to guide strategic planning
  • Exporting opportunities and requirements
  • Compliance with industry regulations and standards
• Specialised and automated software
  • Design and implementation of management systems
  • Bespoke/Complex website or application design and build
• Staff management, development and planning
  • Human Resource Management skills building
  • Professional Development and Training
  • Digital Workplace plans and systems for a remote workforce