July 29, 2021
Business Boost Grants Program Announcement
The Queensland Government has recently announced the Business Boost grant program will be open for applications on the 30th of July 2021, with successful recipients receiving up to $15,000 (ex GST) for a proposed project.
The grant, which is for eligible businesses with an annual turnover of between $300K to $600K, can be used to provide support to businesses to advance improvements in their efficiency and productivity.
The three key project areas the funds can be used for include:
Future planning (eg. Strategic Planning, Compliance with industry regulations and standards)
Specialised and automated software (eg. Design and implementation of management systems for something like quality and compliance management, risk management or Cybersecurity tools)
Staff management, development, and planning (eg. Professional development and training)
Available funding you may be eligible to receive a grant payment of $15,000 (excluding GST) on completing your proposed project.
Successful applicants must co-contribute at least 30% of the total project costs.
Grant funding will be paid only after compliant acquittal documentation is received.
They will not fund projects with :a total cost of less than $10,715 (excluding GST); or payments made before the approval date (you must be approved before you pay for grant-funded project activities). Please note that applications open at 9 am tomorrow and the form will be available then. The grant may be in high demand and will close when enough applications are received for competitive assessment.
For more information and the application process, visit the website – https://www.business.qld.gov.au/starting-business/advice-support/grants/business-boost or do not hesitate to contact us.