The Queensland Government is continuing to show its support for the small business sector with the launch of Round 4 of the $5 million Business Basics Grant program.
Eligible small businesses (including non-employing and micro businesses, and new and emerging businesses with less than 20 employees and a turnover of less than $300,000 for the last financial year) will be able register their interest to apply for a $5,000 grant from 9am, 24 November.
The program guidelines, eligibility criteria and FAQs for the Business Basics Grants program are now available online.
Funds are to be used for a project to increase core skills and adopt best practice — think website development and upgrades, strategic marketing, training and coaching, and business planning for continuity and succession.
This round has a $5 million funding pool, of that $1.5 million has been allocated for regional businesses outside of South East Queensland. The program is extremely popular, and many more applications are received than can be funded.
Grants will be awarded through a two-stage process starting with businesses registering their interest to apply by completing an online form that collects basic business information. Then businesses will be selected by a ballot process to complete their applications.
This process ensures all small businesses have equal and fair opportunity to register their interest at any time once registrations open and have an equal chance of being selected to apply. Please note that not all businesses that complete a registration of interest or a full application will be successful.
Registrations of Interest will be open from 9am, 24 November and will close at 11.59pm on 5 December 2022.
For more information, please visit: www.business.qld.gov.au/business-basics