Tasmania Regional Business Grants

There are quite a few grants and assistance programs in place funded by the federal and state governments along with local sponsors to develop businesses in regional Tasmania. While some of them support businesses that deliver sustainable employment, others are aimed at improving the tourism industry. In this section, we will discuss about some of these grants and their eligibility criteria.

One of such grants funded by the Federal government aims at supporting the regional communities and small businesses to diversify their economies, improve their long-term growth strategies and create employment on a consistent basis. Regional Tasmania is one out of the 10 pilot regions chosen under this program, and is funded with $27.25 million. A minimum grant of $50,000 is available for businesses and individuals that fulfil the required criteria.

Funding will be up to 50% of eligible project costs. Applicants are required to provide the remaining 50% as co-funding towards the project. Non-business applicants must demonstrate that they are experiencing exceptional circumstances; if they want to seek an exemption from the co-funding requirement.

To be eligible an applicant must:

  • be a local government agency or body
  • be a not for profit organisation that is a legal entity
  • be a company incorporated in Australia or
  • be an incorporated trustee on behalf of a trust

Another grant funded by the Tasmanian government aims at the small businesses and individual business owners looking to promote or conduct events that can increase the tourism activities in the regional Tasmania. Its basic goal is increase the number tourists visiting the regional Tasmania by 1.5 million per year by 2020.

Grants are available under three categories:

  • Touring grants – Grants of up to $15,000 are available under this program
  • Championship grants – – Grants of up to $7,000 are available under this program
  • Marketing Tasmania grants – Up to $10,000 are available to support events to market a specific activity or component of an event to get more visitors and locals travelling to a Tasmanian regional area

Eligibility Criteria:

Applicants can be SMEs or individual business owners based anywhere in Australia as long as they are looking to promote tourism industry in regional Tasmania. However, they must be an incorporated association or a company limited by guarantee, or be under the direct supervision of an Australian legal entity.

One more grant funded by the Tasmanian government aims at increasing the winter events in regional Tasmania, attracting visitors and demanding community engagement during the non-peak tourist season. It mainly aims at increasing the levels of event conducting expertise in regional Tasmania. Grants of up to $20,000 are available under this program.

To be eligible:

  • an applicant must be from Tasmania
  • an applicant must be promoting an event in regional Tasmania
  • an applicant must be working in tandem with events Tasmania

Above mentioned are only some of the grants and co-funding options available for event organizers, small businesses and individual business owners looking to promote regional Tasmania. To know more about such grants and your eligibility, please speak to one of our advisors today.

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