Funding for QLD small to medium businesses to buy highly specialised equipment

Overview

Examples of eligible highly specialised equipment includes, but is not limited to:

• production equipment to meet otherwise unachievable growth demand
• advanced manufacturing or digital equipment and systems
• advanced logistics systems and equipment.

Applicants must be able to fund at least 40% of project costs.

Check if you can apply

To be eligible, you must:

• have a minimum trading history of 5 years
• have a minimum turnover of $500,000 for the last financial year
• have a minimum of 5 and a maximum of 49 employees (by headcount) at the time of your application
• have an active Australian business number (ABN)
• be registered for goods and services tax (GST)
• be headquartered in QLD
• not have been approved for funding under an earlier round of the Business Growth Fund
• have competitive opportunities in domestic or international markets
• be experiencing growth and have clearly defined high-growth and employment opportunities in QLD
• not be insolvent or have owners/directors that are an undischarged bankrupt.