QLD Grants for Equipment and Services
This program is aimed at providing support and assistance to small and medium enterprises that prove promising potential for growth.
Who can apply?
Eligibility criteria for this program are:
- Must have an Australian Business Number (ABN) and be registered for GST
- Must be headquartered or based in Queensland
- Must have a minimum trading history of 3 years at the time of application
- Must have a minimum turnover of $500,000 for the last financial year
- Should not be insolvent or have owners/directors that are an undischarged bankrupt.
Funding of up to $50,000 is available to successful applicants for the purposes of purchasing and installing specialised equipment or services. These purchases should enable the business to accelerate growth and multiply revenue. Successful applicants must provide a co-contribution of 25% to 50% of the total project cost.