22 July 2021

Queensland’s New Business Boost Grant – Apply From 30 July 2021

Nadia Sabaini
Nadia Sabaini Commercial Lawyer

Businesses will be delighted to see that the Qld Government is again promoting a grant for small businesses.

The Business Boost Grant Program will provide successful applicants with up to $15,000 towards business planning, specialised software and IT support, management and staff development.

Eligibility Criteria

The Business Boost Grant is available to businesses who meet all of the following criteria:

  • 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 (minimum) and $600,000 (maximum) 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.

Eligible Activities

If you meet the above criteria, you may receive up to $15,000 which can be applied for towards the following eligible 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 and automated software:

  • Design and implementation of management systems, including
    • data warehouses
    • asset management
    • customer relationship management 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 and planning:

  • Human resource management skills building
  • Professional development and training
  • Digital workplace plans and systems for a remote workforce

Unfortunately, the following are not an eligible project activity:

  • activities purchased using cryptocurrencies, 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 (include companies with common shareholdings, directors, employees or immediate family)
  • travel
  • franchise fees
  • purchase of stock
  • GST, registration, and fees
  • maintenance of existing digital technologies
  • computer hardware (e.g. computer servers, PCs, tablets/iPad, mobile phones)
  • activities purchased via direct selling (e.g. by party plan or network marketing)
  • delivery, credit card and transaction fees
  • memberships and joining fees
  • salaries
  • fleet vehicles
  • website hosting
  • stand-alone marketing, advertising or campaign delivery costs (e.g. Google AdWords, Facebook advertising or similar expenses)

The total cost of the project activity must exceed $10,715 (ex GST) and you will need to contribute at least 30% of your own funds towards the total cost of the project activity.

If you are successful, you will need to complete your project within 12 months of receipt of the Grant.

How to apply

Applications open at 9am on 30 July 2021 via the DESBT SmartyGrants portal.

You will need to submit:

  • a certified statutory declaration from the business’s owner or director stating the business:
    • had a turnover between $300,000 and $600,000 in the last financial year (2020–2021);
    • meets all grant eligibility criteria; and
  • supplier quotes (no more than 2) detailing who will undertake the project work, description of services, and an outline of key activities.

Be sure to read the application guidelines, terms and conditions and frequently asked questions on the Grant website

Are you wanting to take your business to the next level? Bennett & Philp provides a complementary legal heath check for all clients.  Contact us now to arrange your legal health check and see how we can help.

Individual liability limited by a scheme approved under professional standards legislation (personal injury work exempted).

Download our eBook – Second Mortgages Versus Caveats


Related Posts

01 November 2021 Publications

Directors Identification Number – What you need to know

Find out more
25 October 2021 Case Studies

Court of Appeal Warning to Payment Claim Respondents

Find out more
18 October 2021 Publications

Signing Loan Documents Electronically

Find out more

Stay in the know

Get our latest news and publications delivered straight to your inbox

  • This field is for validation purposes and should be left unchanged.