Business Growth Grants

Tell me about the assistance

Business Growth Grants provide financial help for businesses to improve their operations and grow.

  • Status: Open (accepting applications)
  • Applications close: Ongoing
  • Delivered by: AusIndustry

Overview

Business Growth Grants are one of the services of the Entrepreneurs’ Programme. You can use a Business Growth Grant to engage external expertise to help your businesses implement improvements through a:

  • business evaluation
  • supply chain facilitation
  • growth service
  • tourism partnership service.

What support or funding is available?

A Business Growth Grant reimburses businesses for up to half of the cost of engaging a service provider, to a maximum of $20,000 (excluding GST). This funding supports business improvement projects.

The grant supports strategies that improve the abilities and skills of your business. It doesn’t support fixes for problems that are part of the ordinary, every day operations of your business.

Who can apply?

You may apply for a Business Growth Grant if your business:

  • has received an Entrepreneurs’ Programme Business Evaluation Report or Action Plan, Supplier Chain Facilitation, Growth Plan, or Tourism Partnership Plan, and
  • is submitting an application in accordance with the eligibility timeframes (typically within six months of receipt of advisory services).

What are the eligibility criteria?

You may be eligible for a Business Growth Grant if you meet all of the following conditions:

  • you are applying for a Business Growth Grant within:
    • six months of receipt of a Business Evaluation Report or Action Plan, Supplier Improvement Plan or Tourism Partnership Plan, or
    • within 24 months of receipt of a Growth Plan.
  • you are implementing strategies identified in a Business Evaluation Report or Action Plan, Supplier Improvement Plan, Growth Plan or Tourism Partnership Plan, and
  • you are able to fund the total value of project costs to engage the service provider before receiving the Grant.

For a list of eligible activities a business can undertake to receive a Business Growth Grant, check the Customer Information Guide.

How do I apply?

To apply for a Business Growth Grant, you must complete the online application form found on the I'm ready to apply tab.

Your application must include at least two quotes from different service providers to implement part, or all, the strategies in the:

  • Business Evaluation Report or Action Plan
  • Growth Plan
  • Supplier Improvement Plan
  • Tourism Partnership Plan.

How will I know if I am successful?

If you meet all the eligibility criteria, the Programme Delegate will approve your application, subject to available funding.

We will contact you by email with a response within 15 working days of receiving a complete application.

Key documents

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