New round of grants for Qld small business

Business owners can access grants worth up to $5,000 to develop their skills and adopt best practices.

Business Basics grants are an investment in local small businesses supporting them to improve the foundational skills that will help their day-to-day operations and set them up for future growth.

Grants will be awarded through a two-stage process starting with businesses registering their interest to apply by completing a simple, online form that collects basic business information. Then, businesses will be selected by a ballot to complete the remaining application process.

The guidelines for the new round of grants are now available and small businesses are encouraged to put forward registrations of interest in the first stage of the application process after they open on 24 November.

Around $1.5 million will be allocated to support businesses outside of South-East Queensland through this next funding round.

Through the past three completed Business Basics rounds, 4,195 grants totalling more than $20.9 million have been awarded.

The grants have supported businesses to upgrade websites, engage a business coach or other professional advice, and improve their marketing or other aspects of their operations.

Grants are also available for cyber safety training and tools.

Registrations of interest for this fourth round of Business Basics Grants will be open from 9am on Thursday, 24 November until 11.59pm on Monday, 5 December 2022.

Eligible businesses that have been successful in the ballot will be invited to submit their funding application from 9am on Monday, 12 December 2022 and will have until Monday, 23 January 2023 to apply.

Small businesses looking to improve their operations can subscribe to Small Business Connect for updates on the next steps for this round of Business Basics by visiting www.business.qld.gov.au/grants-schedule or calling 1300 654 687.