Last Updated on 09/29/2024 by speedy

Unlocking Opportunities for Small Businesses: The Queensland Government Business Basics Grant

The Queensland Government’s Business Basics Grant is a pivotal initiative designed to empower small businesses across the state. This grant program, administered by the Department of Employment, Small Business and Training (DESBT), aims to enhance the core skills and practices of small businesses, ensuring they remain competitive and resilient in today’s dynamic market.

Key Details of the Business Basics Grant

Funding Amount: Successful applicants can receive up to $7,500 (excluding GST) in funding. This grant is provided upfront upon approval, with no co-contribution required from the business.

Eligibility Criteria:

• The business must have fewer than 5 employees (including full-time, part-time, and casual staff).
• It must be operating with an active Australian Business Number (ABN) and have its headquarters registered in Queensland.
• The business should have a minimum trading history of one year and a maximum turnover of $300,000 for the last financial year.
• Businesses that have previously received funding under an earlier Business Basics round are not eligible.

Application Process: The application process is divided into two stages:

1. Registration of Interest (ROI): This stage opens on September 30, 2024, and closes on October 11, 2024.
2. Full Application: Only selected ROI applicants will be invited to submit a full application.

Eligible Activities

The grant supports a range of activities aimed at business enhancement, including:

• Professional Business Advice: Engaging consultants for strategic planning, financial management, or other professional services.
• Strategic Marketing Services: Developing marketing strategies, branding, and promotional activities.
• Website Build and Upgrades: Creating or improving a business website to enhance online presence and customer engagement.

Impact on Small Businesses

The Business Basics Grant is a significant boost for small businesses, providing them with the necessary resources to adopt best practices and improve their operations. By focusing on professional advice, marketing, and digital presence, the grant helps businesses to not only survive but thrive in a competitive environment.

For more information and to apply, visit the Business Queensland website.

This grant is an excellent opportunity for small businesses in Queensland to gain the support they need to grow and succeed. If you have any questions or need further assistance with the application process, feel free to ask!

Frequently Asked Questions: Queensland Government Business Basics Grant

1. What is the Business Basics Grant?

The Business Basics Grant is a funding program by the Queensland Government aimed at supporting small businesses to enhance their core skills and adopt best practices. Eligible businesses can receive up to $7,500 (excluding GST) in funding.

2. Who is eligible to apply?

To be eligible, your business must:

• Have fewer than 5 employees (including full-time, part-time, and casual staff).
• Be operating with an active Australian Business Number (ABN) and have its headquarters registered in Queensland.
• Have a minimum trading history of one year.
• Have a maximum turnover of $300,000 for the last financial year.
• Not have received funding under an earlier Business Basics round.

3. What activities can the grant be used for?

The grant can be used for:

• Professional business advice (e.g., strategic planning, financial management).
• Strategic marketing services (e.g., branding, promotional activities).
• Website build and upgrades to enhance online presence.

4. How is the application process structured?

The application process consists of two stages:

1. Registration of Interest (ROI): Opens on September 30, 2024, and closes on October 11, 2024.
2. Full Application: Only selected ROI applicants will be invited to submit a full application.

5. When will the funding be provided?

Funding is provided upfront upon approval, with no co-contribution required from the business.

6. Can I apply if I have received funding from other grants?

Yes, you can apply for the Business Basics Grant even if you have received funding from other grants, as long as you have not received funding from a previous round of the Business Basics Grant.

7. What is the duration for completing the grant-funded activities?

The grant-funded activities must be completed within a maximum of six months from the approval date.

8. How can I apply?

You can apply by visiting the Business Queensland website and following the instructions for the Registration of Interest.

If you have any more questions or need further assistance, feel free to ask!

Queensland Government Business Basics Grant

Here’s a table summarizing the key details of the Queensland Government Business Basics Grant:

For more information and to apply, visit the Business Queensland website.

If you have any more questions or need further assistance, feel free to ask!

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Queensland Government Grant Website Small Business