QLD Business Basics Grants Program Round 4
The QLD Business Basics grants program Round 4 provides support to businesses to increase core skills and adopt best practice focusing on:
- Training and coaching (Business development, marketing, human resources, or business planning topics of up to 4 months in duration)
- Website build or upgrades
- Business plans
- Strategic marketing plans including search engine optimisation advice
- Business continuity and succession.
- Cybersafety training and tools
Funding Available
A single up-front fixed grant payment of $5,000 (excluding GST) is available to fund activities from the above 5 areas. Successful applicants do not have to co-contribute to this grant; however successful applicants must pay for any related expenses in excess of the $5,000 grant funding.
Projects under $5,000 will not be funded, nor will payments made before the approval date be included.
Eligibility
In order to be eligible for this grant, your business must have: –
- not have been approved for funding under Round 1, 2 or 3 of the Business Basics grants program
- A Queensland headquarters
- Fewer than 20 employees (by head count) at the time of applying for the grant. Business owners, directors and contractors are excluded from this tally.
- An active Australian Business Number (ABN) and be registered for GST
- Turnover of $300,000 or less in the last financial year (2021–22)
Application Process
This round the application process is a 2 step process.
Step 1
Submission of a Registration of Interest (ROIs) which open at 9am on Thursday, 24 November 2022 and close at 11.59pm, Monday 5 December 2022. Unlike previous rounds, ROIs are not time sensitive and registrations can be completed anytime while the stage is open. So this round you have more time to apply.
Valid ROIs will be assessed through a ballot process with a number of applications selected to move to Stage 2. Each valid ROI has an equal opportunity to be selected.
As far as I can tell you don’t need to provide supplier quotes during the submission of your ROI but it would help to speak to your suppliers to have an idea of the cost.
Step 2
Businesses identified from the ballot will be invited to complete a full application, which will be competitively assessed based on the extent to which the grant funded activity will:
- enhance the business’s core skills and adopt best practice;
- positively impact revenue growth and gross profit;
- be likely to create jobs growth within the business; and
- demonstrate value for money.
As part of the application process you will need provide supplier quotes (maximum 2 quotes) for at least $5,000 and a statutory declaration re meeting the eligibility requirements.
How to apply
Click here to apply and learn more about the QLD Business Basics grants program round 4.
Note submissions of the ROI open 9am on Thursday, 24 November 2022 and close at 11.59pm, Monday 5 December 2022.
Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.
Contact Wayne Wanders for your FREE Business Survival Session
At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.
Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.
Wayne Wanders, A Real CFO
wayne@aRealCFO.com.au
