The next round of the Small Business Digital Grants is now open, and you are invited to apply.
This grant program is aimed at moving Queensland’s small businesses to the top of the digital economy and providing funds for them to access digital technologies to make the most of today’s online business world.
The Small Business Digital Grants provide up to $10,000 in matched funding to eligible businesses to enhance digital capabilities such as website optimisation, receiving online payments or creating a social media plan. The minimum grant funding amount is $1,000.
These days, small business has to think big and that means being active and effective in their use of digital tools and how to leverage digital technologies to create business opportunities.
The Queensland Government has allocated $6 million over three years to the Small Business Digital Grants program as one of the key drivers of the Advancing Small Business Queensland Strategy 2016-20 which will strengthen small business and help them meet the challenges of a changing economy.
You are able to choose your own supplier or coach, and grant payment will be made on completion of the project and after the business has supplied proof of payment for the service to the Office of Small Business.
To be eligible the business must:
- have fewer than 20 employees at the time of applying for the grant
- have an Australian Business Number (ABN) and be registered for GST
- be based in Queensland
- have a turnover of $2 million or less in the last financial year
- declare if any owners or directors of the business are an undischarged bankrupt or insolvent.
There are also two other grant programs.
The Accelerate Small Business Grants Program provides targeted assistance to small businesses that demonstrate high-growth and employment aspirations to enable them to engage high-level expertise for their business. Matched funding of up to $10,000 (excl. GST) may be provided to eligible businesses to engage business mentors, coaches or an advisory board for a six to 12-month period. The purpose is to provide high-level expertise to encourage growth and job creation through business expansion. The grant program is open continuously with applications assessed on a monthly basis. Approximately $3 million will be distributed to grant recipients over three years.
The Small Business Entrepreneur Grants Program provides newly-created small businesses access to planning, coaching and training to help them get a better start. Matched funding of up to $5,000 (excl. GST) may be provided to eligible businesses to engage a consultant, advisor, or business coach to help establish or develop the business. Approximately $3 million will be distributed to grant recipients over three years. The next round will open in the coming months.
In addition, the Mentoring for Growth program offers eligible businesses free access to a panel of between 6-8 volunteer business experts who offer insights, options and suggestions on business challenges relating to growth and innovation. Business owners are matched with panelists who have expertise and experience with issues participants have identified as causing concern or difficulty. Contact us to see if your business is eligible.
The Business Queensland website is home to all the information, services and assistance you need as a small business owner. Whether it is regulatory or licencing information, business tips and tricks or templates for business planning, this website offers free solutions for new and established businesses. Its new customisation feature allows you to quickly personalise your searches so you can easily find the information you want.
Business Queensland podcasts series “Business learning from business” is where you can hear from a variety of our state’s small business owners. These podcasts give insight into how small business tackle the challenges of growth, innovation, resourcing, technology, competition and time management, and especially how they meet their customers’ demands.
Like the Office of Small Business on Facebook and you’ll get immediate updates on details of their programs, grants and events, as well as pertinent articles from their website and other items of interest from other business websites. There are posts just about every day so please join the page and turn on notifications.
If we can help you further or you’d like more information please email email@example.com or telephone 13QGOV (13 74 68).