The Business Growth Fund targets high-growth businesses who can accelerate growth, drive Queensland’s economy and employ more Queenslanders. It provides funding for small and medium-sized high-growth businesses to buy specialised equipment, enabling them to unlock growth potential, increase production, expand their workforce, and maximise economic returns to move them to the next stage of growth.
Grants between $50,000 and $75,000 per project are available for small to medium-sized businesses in this competitive funding round. Successful applicants must co-contribute at least 40% of project costs.
Expressions of interest opened at 9 am, Monday, 8 May 2023 and will close at 5 pm on Friday, 2 June 2023.
For the latest information, including program guidelines visit: https://www.business.qld.gov.au/starting-business/advice-support/grants/growth-fund