The Queensland Government provides specific support for the small business sector. The Business Basics Grants Program Round 4 provides support to businesses to increase core skills and adopt best practice, managed by the Department of Employment, Small Business and Training (DESBT). Applicants can apply for funding for grant funded activities in 1 of 5 priorities:
- Training and coaching
- Website build/upgrades
- Professional business advice
- Strategic marketing services
- Business continuity and succession
Deadlines and Timings
Stage 1: Registration of interest (ROI)
- opens on 24 November 2022
- closes on 5 December 2022, 11:59PM AEST
Stage 2: Full application
- opens on 12 December 2022 (successful ROI applicants only)
- closes on 23 January 2023, 11:59PM AEST (successful ROI applicants only)
It is intended that the grant funded activity be started, completed, and expected benefits determined by 6 months.
Overview and Grant Amount
The expected outcomes of the grants program are to:
- increase confidence for business owners across core skills
- boost turnover, profit, and employment; and
- improve business survivability and resilience
For Round 4, there are 2 funding streams based on what local government area (LGA) eligible businesses are headquartered. These LGAs are grouped into either South East Queensland or Regional Queensland. If successful, applicants will receive upfront fixed grant funding of $5,000 (excluding GST). Successful applicants do not have to co-contribute to this grant.
Eligibility and Criteria
To be eligible to apply for this grant, the business must:
- have fewer than 20 employees (by headcount)
- be operating and have an active Australian Business Number (ABN)
- be registered for GST
- have a Queensland headquarters
- have an expected turnover of $300,000 or less for the last financial year (2021-22)
- not have been approved for funding under an earlier round of Business Basics
- have owners/directors that are not undischarged bankrupt; and be solvent
Eligible Activities
Grant funds must be used on activities with:
- training and coaching
- website build/upgrades
- professional business advice
- strategic marketing services
- business continuity and succession
The grant funding cannot be used on activities with a total cost of less than $5,000 (excluding GST), as well as payments made on any activity undertaken before grant approval. Similarly, the grant fund should not be used for the following activities:
- activities bought using crypto-currencies, barter, or services in-kind
- general business operating costs (e.g., bookkeeping/accounting, tax returns)
- real estate/property, hire, lease, or rental fees
- goods, services, or fees from related parties
- travel
- franchise fees
- purchase of stock
- GST, registration, and fees
- maintenance of existing digital technologies
- salaries
- fleet vehicles
- computer hardware (e.g., computer servers, PCs, tablets/iPad, mobile phones)
- other hardware / devices / equipment (e.g., televisions, EFTPOS, card and chip readers)
- activities bought via direct selling (e.g., by party plan or network marketing)
- delivery, credit card and transaction fees
- memberships and joining fees
- website hosting
- implementation of marketing tactics such as advertising, direct marketing or campaign delivery (e.g., Google AdWords, Facebook advertising or similar expenses)
For more information, interested parties are encouraged to read the program guidelines and FAQ set by the funding grant. A sample ROI form is also available. Submissions may be lodged through their online portal.
Expert Assistance
We have 14 years of experience preparing EMDG claims and can assist in making sure you receive your maximum rebate.
Working with us means you get the maximum grant with minimum risk and effort. Our expertise includes R&D Tax Incentive registration and tax schedules, Export Grants, Capital Expenditure and Infrastructure Grants.
Get in touch with us and let’s discuss this more in detail.
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