Business Growth Fund Round 6

Small and medium-sized businesses who employ 5-49 people may be eligible for grants of $50,000 to $75,000 to support the purchase of highly specialised equipment such as production equipment to meet otherwise unachievable growth demand and advanced manufacturing or digital equipment and systems. Round Six of the Business Growth Fund will open for expressions of interest from 9am Wednesday 1st May 2024 and will close at 5pm on Tuesday 14th May 2024.

The eligibility criteria includes but is not limited to:

  • an active Australian Business Number (ABN) and be registered for GST

  • a registered location of Queensland headquarters (as per your Australian Business Register (ABR) record)

  • a minimum of 5 and maximum of 49 employees (by headcount) at the time of applying for the grant

  • a minimum trading history of 5 years at the time of applying for the grant

  • a minimum turnover of $500,000 for the last financial year (2022/23)

For more details on the eligibility criteria and how to apply visit the Business Growth Fund Program website.

Paul AbercrombieAbercrombie Accounting Group