QLD Government's 'Business Boost Grant Program'

Announced late last week, the Queensland Government has outlined details of its Business Boost Grant Program, supporting small businesses to improve efficiency and productivity within their organisation.

Open from 30 July 2021, the Grant Program will be provide eligible businesses with a payment of $15,000 to assist three core business project areas: future planning, specialised & automated software; and staff management, development & planning.

Currently at pre-launch stage and expiring once funds are exhausted, we’ve outlined further details on the Grant below:

Eligible / Designated Core Project Activities

Future Planning

  • Strategic business planning for innovation or growth
  • Implementing a Governance board to guide strategic planning
  • Exporting opportunities and requirements
  • Compliance with industry regulations and standards

Specialised & Automated Software

  • Design and implementation of management systems, including:
    • Data warehouses
    • Asset management
    • Customer Relationship Management (CRM) systems
    • Quality and compliance management
    • Risk management
    • Production systems
    • Project Management systems
  • Bespoke or complex website design and build, including e-commerce, software integration, booking systems
  • Cybersecurity tools
  • Innovative technology that improves or diversifies service offerings

Staff Management, Development, & Planning

  • Human Resource Management Skills Building
  • Professional development and training
  • Digital workplace plans and systems for a remote workforce

Allocated Funding

Businesses may be eligible to receive a grant payment of $15,000 (excluding GST) on completing your proposed project.

Successful applicants must co-contribute at least 30% of the total project costs.

Please note that as a result of the Grant being subject to co-contribution, additional parameters impact funding allocation – with more information on this can be accessed here.

Eligibility Criteria

For those considering a submission for funding, eligibility criteria outlines that businesses:

  • Have fewer than 20 employees at the time of applying for the grant;
  • Have an active Australian Business Number (ABN) and registered for GST
  • Have a Queensland Headquarters
  • Have a turnover of between $300,000 and $600,000 in the last Financial Year (2020-21)
  • Have a publicly reachable web presence to identify business operations (e.g. business website and/or social media pages)
  • Not be insolvent or have owners/directors that are an undischarged bankrupt

How to Apply

Applications to the Grant Program open at 9am on 30 July 2021, with the application form being made available on this date.

For further information on submitting your application – please refer to: https://www.business.qld.gov.au/starting-business/advice-support/grants/business-boost

Ahead of time, it is important eligible applicants undertake the following:

  • Read the Key Documents
    • Application Guidelines
    • Terms & Conditions
    • Frequently Asked Questions
    • Preview of Application Form
    • Statutory Declaration Sample
    • Choosing a Supplier Information
  • Check Eligibility
  • Prepare Documentation
    • A certified statutory declaration from the business's owner or director, stating the business had a turnover between $300,000 to $600,000 in the last Financial Year (2020-21) and meets all Grant eligibility criteria
    • Supplier quotes (no more than two) detailing who will undertake the project work, description of services, and an outline of key activities
For More Information

For more information or to discuss how we can be of assistance in helping you forming Grant application, please contact the Archer Gowland Redshaw office on (07) 3002 2699 or info@agredshaw.com.au.

Aisha Thomas

Written by Aisha Thomas

Aisha is a fully-qualified Business Services Manager, with over 12 years’ experience working within the Accounting industry. In her role with Archer Gowland Redshaw, Aisha specialises in providing tailored accounting, taxation, and strategic business advice to SMEs and high-net wealth individuals – helping clients to achieve their best financial and business outcomes.