Blog Layout

Qld Govt Business Boost Grants Program
Liz Gibbs • Aug 08, 2022

Qld Govt Business Boost Grants Program

The QLD Government's Business Boost Grants Program provides a $15,000 grant for businesses investing in growth. 

 

It's for GST registered businesses with FY22 turnover of $300k - $600k, based in QLD with fewer than 20 employees.

 

The grant offers funding for:

  1. Future planning
  2. Specialised and automated software
  3. Staff management, development and planning.

Successful applicants must contribute 30% of the total project costs. 

 

See the full Business Boost Grants Program outline and criteria for details.


Who can apply, and what are the eligibility criteria?

 

To be eligible for this grant, the business must (at the time of applying):

 

•  have fewer than 20 employees (by headcount);

•  have an active Australian Business Number (ABN) and be registered for GST*;

•  have Queensland headquarters*;

 

•  have a turnover of between $300,000 (minimum) and $600,000 (maximum) in the last financial year (2021-22);

 

•  have a publicly reachable web presence to identify business operations (for example, business website, social media pages);

 

•  not have been approved for funding under Round 1 of the Business Boost grant program;

and

 

•  not be insolvent or have owners/directors that are an undischarged bankrupt*

 

* The business must be registered for GST and have Headquarters in Queensland at all stages of the application process, and also maintain their eligibility for the duration of the grant funded activity.


Opening date: Stage 1: Registration of Interest – 9am, 12 August 2022
Stage 2: Full application (open to selected Registration of Interests only) – 9am, 29 August 2022

Closing date: Stage 1: Registration of Interest – 11.59pm, 19 August 2022
Stage 2: Full application – 11.59pm, 12 September 2022


Should you require assistance with this, please contact our office reception@rgoodman.com.au.  

Transfer business to your kids
By Liz Gibbs 08 May, 2024
Generational succession - handing your business across to your kids or family - sounds simple enough but, many families end up in a dispute right at the point when the parents, business, and children are most vulnerable.
The ‘bank of Mum & Dad’
By Liz Gibbs 06 May, 2024
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst.
Division 7A crack down
By Liz Gibbs 06 May, 2024
The ATO is cracking down on business owners who take money or use company resources for themselves.
Excess Concessional Contributions
By Liz Gibbs 04 May, 2024
The Administrative Appeals Tribunal ('AAT') recently held that a taxpayer was liable to pay excess concessional contributions tax in relation to contributions made on his behalf by his employer.
False invoicing
By Liz Gibbs 03 May, 2024
The Serious Financial Crime Taskforce ('SFCT') is warning businesses about using illegal financial arrangements such as 'false invoicing' to cheat the tax and super systems. False invoicing arrangements may consist of the following:
illegal access to super
By Liz Gibbs 02 May, 2024
Faced with tough times, some people may be thinking about accessing their super early.
Disaster
By Liz Gibbs 01 May, 2024
Taxpayers should be aware that some natural disaster relief payments are not taxable.
Scam
By Liz Gibbs 01 May, 2024
The Government has urged Australians to be vigilant regarding scammers who target ATO log-in details to commit tax fraud.
ABN up to date
By Liz Gibbs 29 Apr, 2024
When did you last check your Australian Business Number (ABN) details on the Australian Business Register (ABR)? If you’re not sure
By Liz Gibbs 28 Apr, 2024
Reminder of March 2024 Quarter Superannuation Guarantee (‘SG’) 
More Posts
Share by: