QLD Business Growth Fund Program Round 7

The QLD Business Growth Fund Program provides funding for small and medium-sized high-growth businesses to purchase specialised equipment to grow, increase productivity and efficiency, increase market share or develop and expand export opportunities.

The program will fund up to 50% of eligible specialised equipment costs, to a maximum grant of $75,000.

• The minimum grant is $50,000, meaning the minimum project value must be $100,000
• For projects over $150,000, the maximum funding remains $75,000.

What is specialised equipment?

Specialised equipment is considered an independent or additional piece of complex machinery that

• is designed for a specific function or industrial use;
• introduces innovation to your production process, and
• requires trained or licenced operators.

This includes:

• production equipment to meet otherwise unachievable growth demand
• advanced manufacturing or digital equipment and systems
• advanced logistics systems and equipment.

Eligibility

To be eligible for this grant, your business must:

• have a trading history of a minimum 3 years
• have a turnover of between $500,000 and $10m for the last financial year
• have less than 20 employees
• have an active ABN and be registered for GST
• have experienced two years of high-growth and have clearly defined growth and employment opportunities in Queensland. High-growth is defined as an average annualised 20% increase in turnover and/or employment in the last two years.
• not have been approved for funding under an earlier round of the Business Growth Fund
• have Queensland headquarters
• not be insolvent or have owners/directors that are an undischarged bankrupt.

Your business must also maintain this eligibility for the duration of the grant funded activity.

Application process

This is a 2 stage competitive application process:

• Expression of Interest (EOI) – Stage 1
• Full application – Stage 2 (by invitation only)

Being invited to Stage 2 does not guarantee funding.

How to Apply

Applications for Stage 1 EOI close 30 January 2026.

For more information and to apply click here

Wayne Wanders is an experienced Business Advisor and Outsourced CFO who can help to scale and grow your business profitably. Wayne may also be able to assist you in preparing any grant application. 

Contact Wayne on wayne@arealcfo.com.au or 0412 227 052.

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Want a confidential discussion on your business situation, help with your grant application or to learn more about my Outsourced CFO Services, simply email me at wayne@aRealCFO.com.au or call me on 0412 227 052