Grant Opportunities: Business Basics and New Market Program

Head’s up Gold Coast Startups and Scaleups! There are 2 awesome grant opportunities that have just been announced – the Business Basics grant from the Department of Employment, Small Business, and Training, and the New Market Entry Program from Trade and Investment Queensland. A summary of each opportunity is below – follow the links to learn more!


Business Basics Grants Program

The Business Basics grants program provides support to businesses to increase core skills and adopt best practice.

This support includes funded activities in 5 priorities:

  1. Training and coaching
  2. Website build or upgrades
  3. Professional business advice
  4. Strategic marketing services
  5. Business continuity and succession.

To be eligible for this grant, your business must:

  • not have been approved for funding under Round 1 or 2 of the Business Basics grants program
  • have fewer than 20 employees (by head count) at the time of applying for the grant
  • have an active Australian Business Number (ABN) and be registered for GST
  • have headquarters in Queensland and you are applying for a SEQ or regional grant depending on where your business is based (use the eligibility tool to check your location)
  • have an expected turnover of $300,000 or less for the current financial year
  • not have owners/directors that are insolvent or an undischarged bankrupt.

Find out more about here: https://www.business.qld.gov.au/starting-business/advice-support/grants/business-basics-grant


New Market Program

The Trade and Investment Queensland New Market Program provides matched funding grants of up to $25,000 (excluding GST) to cover costs associated with entering a new export market, including freight, promotional materials, in-market representatives, and packaging modification.

In this round, the New Market Program will focus on supporting exports into Trade and Investment Queensland’s priority markets listed below:

  • China
  • Europe  
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Korea
  • Latin America
  • Middle East
  • New Zealand
  • North America
  • Singapore
  • Taiwan
  • United Kingdom
  • Vietnam

Applicants will need to meet a range of criteria and be pre-qualified.

Queensland-based Trade Advisors and international Business Development Managers will assist applicants to identify the activities to be funded and create a Client Action Plan. The plan will set out the key areas of focus and agreed activities, and be uploaded to the application form.

To find out more about how to qualify and eligible activities visit: https://www.tiq.qld.gov.au/queensland-business/how-we-help/new-market-program

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