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Funding & Grants

Business Growth Fund Program

By 25/05/2023No Comments

The Business Growth Fund (BGF) targets high-growth businesses who can accelerate growth, drive Queensland’s economy and employ more Queenslanders.

Eligible business sizeSmall to medium-sized businesses with 5–49 employees (headcount)
StatusPre-launch
Opening dateStage 1: 9am, Monday 8 May 2023
Closing dateStage 1: 5pm, Friday 2 June 2023
Application processStage 1: Expression of interestStage 2: Full applicationStage 3: Pitch
Grant typeCompetitive – not all applications will be funded
Available funding$50,000 – $75,000 per project
Co-contributionAt least 40%
Project length12 months
Payment milestones20% on approval40% with 3-month report40% on acquittal at 12 months
Key documentsRound 5 documents:application guidelinesterms and conditionsfrequently asked questionssample EOI application form.