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14/05/2021 By admin

Queensland Government Grants Alert – Funding Available

The Business Growth Fund (BGF) targets high-growth businesses that can accelerate growth, drive the Queensland economy and employ more Queenslanders.

Eligible business sizeSmall to medium-sized businesses
StatusOpen
Opening dateStage 1: 11 May 2021
Closing dateWhen funding is exhausted

Funded businesses are expected to increase business confidence by:

  • improved growth transitioning from small to medium-sized
  • increase productivity, turnover, profit, and employment by 20%, and
  • automating, scaling up, increasing market share, diversify, and/or exploit exporting opportunities

What funding is available?

If successful, a single up-front payment of up to $50,000 (excluding GST) is made available for the business to purchase and implement highly specialised equipment to enable the business to move to the next stage of growth. Grant funding will be awarded after a competitive assessment process that includes pitching to business experts and DESBT executives. The applicant must also fund at least 25 percent of project costs to purchase and implement the specialised equipment. The amount of grant funding will be determined by an assessment panel.

Eligibility Requirements

To be eligible for this grant, your business must:

  • have a minimum trading history of 3 years at the time of application
  • have a minimum turnover of $500,000 for the last financial year
  • have fewer than 50 employees at the time of applying for the grant
  • have an Australian Business Number (ABN) and be registered for GST
  • have Queensland headquarters
  • have competitive opportunities in domestic or international markets
  • be experiencing growth and have clearly defined high-growth and employment opportunities in Queensland
  • not be insolvent or have owners/directors that are an undischarged bankrupt.

Application process

Funding is awarded through a competitive assessment process with 3 stages

Stage 1: Complete a mentoring session specific to your application (please check your business is eligible first). You will then be offered details to apply for the grant.

Stage 2: Complete a full application for competitive shortlisting assessment.

Stage 3: If your application is shortlisted, you will be invited to pitch to business experts and department executives. Following the pitch, recommendations are made to the department financial delegate who will approve funding allocations.

Refer to the application guidelines for a comprehensive overview of each stage of the application process.

Further Information

  • Business Growth Fund Program Information
  • Business Growth Fund Round 3, Guidelines
  • Government Funding Grants for ISO 9001 Certification
  • What is required for ISO 9001 Certification?
  • Fast ISO 9001 Certification in 10 Days – Is it Possible?
  • Business Process Improvement
  • Contact Us

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Filed Under: Articles, Brisbane, Government Funding ISO Certification

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Streamline ISO Consultants set up our Quality and Environmental Management System in 2011, and still help us out today with internal auditing and management system upgrades.

Having ISO 9001 & 14001 Certification is great but their simple and practical Integrated Management System adds real value to our business - much more than just an ISO Certificate.

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Clearly experts in this field

"We worked with Streamline ISO Consultants on a gap analysis audit of both our Quality and Work, Health and Safety systems. They provided us with a detailed report and specific goals to improve our compliance. We were very happy with the recommendations. The service provided was flexible and responsive. Scott is clearly an expert in this field."

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Rob Miles
Compliance Manager - Suncare Community Services

Very professional - Streamline did a great job

Streamline ISO Consultants have a professional approach and did a great job preparing our QMS documentation and providing training. I would recommend them to anyone who is looking for assistance with their ISO Certification. Thanks once again to the Streamline Team!

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Manager - Reliable Security Protection

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