Growth Grants is part of the government’s Entrepreneur’s Programme that aims to help businesses to improve business capability, strengthen research and expand commercialisation networks.
How does it work?
Growth Grants will reimburse up to $20,000 of your eligible project costs to implement the recommendations from your facilitator. The objective is to improve specific business areas that your facilitator recommended in your roadmap or plan. You must have received a roadmap or plan before you can apply for a Growth Grant.
What business improvement areas can it be used for?
Businesses can use the grant on eligible expenditures, as defined in the grant agreement. To be eligible, you must have received a completed plan from one of the following services:
You must apply within 1 year of receiving the completed plan (unless otherwise agreed by the program delegate). Eligible activities must:
- link to an area of the business, as specified in your plan
- give you new abilities to trade in Australia and other countries
- engage services outside of your business
How to Apply?
You can lodge your application through the business online portal, and apply for the grant at any time within 1 year of receiving your completed roadmap or plan. Below are key points to consider before you lodge your application. Make sure you:
- have your completed roadmap or plan from a Growth service
- read the Grant Opportunity Guidelines: Entrepreneurs’ Programme – Growth
- can explain how you’ll take advantage of this opportunity
Applications are ongoing.
Treadstone experts can help you understand the entire process and maximise the benefits for your business. We have been helping clients since 2008 and they can testify to our proven success record. Working with us means you get the maximum grant with minimum risk and effort. Our expertise include R&D Tax Incentive registration and tax schedules, Export Grants, Capital Expenditure and Infrastructure Grants.
We are available to discuss your eligibility for this grant through the contact details below.
Phone: (03) 9008 5937
For information about other Australian Government Grants, visit Treadstone New Grants and sign up for our newsletter!