Today, the Queensland Government released information about round 3 of its Business Basics Grants Program
This time around, there are two dedicated streams of funding – one specifically for businesses based in South East Queensland, and one specifically for businesses based in regional Queensland.
Opening and Closing Dates
Applications open at 9am on Wednesday 4 May 2022, and will close upon each stream receiving a sufficient number of applications.
Business Basics Grant Program
The Business Basics grants program provides support to businesses to increase core skills and adopt best practice. This support includes funded activities in 5 priorities:
- Training and coaching
- Website build or upgrades
- Professional business advice
- Strategic marketing services
- Business continuity and succession.
If successful, applicants will receive upfront fixed grant funding of $5,000 (excluding GST). The grant is for funding activities in one of the five priorities outlined above. Successful applicants do not have to co-contribute to this grant however successful applicants must pay for any related expenses in excess of the $5,000 grant funding.
The Queensland Government will not fund activities with a total cost of less than $5 000 (excluding GST).
Business Eligibility Criteria
To be eligible to apply for this grant, the business must:
- not have been approved for funding under Round 1 or 2 of the Business Basics Grants program;
- have fewer than 20 employees (by headcount) at the time of applying for the grant;
- have an active Australian Business Number (ABN) and be registered for GST;
- have a Queensland headquarters;
- have an expected turnover of $300,000 or less for the current financial year (2021-22); and
- have owners/directors that are not insolvent or an undischarged bankrupt.
Eligible and Ineligible Activities
Grant funding will only be approved for the following eligible activities:
- Training and coaching:
- Business Development, Marketing, Human Resources or Business Planning Topics
- Training/coaching of up to four months in duration
- Website build or upgrades:
- Website build or upgrade (including website refresh)
- Adding ecommerce
- Developing new website content
- Professional business advice
- Business plans
- Strategic marketing services
- Strategic marketing plans including search engine optimisation advice
- Business continuity and succession.
- Business continuity or succession plans
- Cybersafety training and tools
The Queensland Government will not fund the following activities:
- activities bought using crypto-currencies, barter, or services in-kind
- general business operating costs (e.g., bookkeeping/accounting, tax returns)
- real estate/property, hire, lease, or rental fees
- goods, services, or fees from related parties
- travel
- franchise fees
- purchase of stock
- GST, registration, and fees
- maintenance of existing digital technologies
- computer hardware (e.g., computer servers, PCs, tablets\iPad, mobile phones)
- activities purchased via direct selling (e.g., by party plan or network marketing)
- delivery, credit card and transaction fee
- memberships and joining fees
- salaries
- fleet vehicles
- website hosting
- any advertising costs or advertising campaign delivery (e.g. Google AdWords, Facebook advertising or similar expenses)
Learn More
For further information and reading, there is substantial information on the Business Basics Grants Program here.
If you have any questions in relation to the Business Basics Grant, please don’t hesitate to get in touch.
