To be eligible the business must:
have a business name registered within the last four years
have fewer than 20 employees at the time of applying for the grant
have an Australian Business Number (ABN)
have Queensland headquarters
not be insolvent or have owners/directors that are an undischarged bankrupt.
The participating business must provide a project report on completion of the project detailing how the funds were spent and the impact it has had on the business.
What we won't fund
The grant is specifically aimed at funding businesses to engage a consultant, advisor, or business coach. We will not fund the following activities:
project proposals delivered over a timeframe longer than three months
projects with a total cost less than $2000 as the minimum grand funding amount provided is $1000
travel costs of any party
services delivered in-kind-funding will only cover services paid for via a financial transaction
fees for services provided by related parties (such as companies with common shareholdings or directorship with the applicant, and employees or immediate family of the applicant)
franchise fees or related costs
direct-selling businesses (where sales of another business's goods or services are made in the customer's home, work or other meeting place through methods such as party plan and network marketing)
purchase of assets, such as stock
general business operating costs (including bookkeeping/accounting and tax returns)
paid advertising campaigns (i.e. Google AdWords, Facebook advertising or similar expenses). The grant can cover the development of a marketing strategy but not the actual advertising cost
retrospective payments for expenses already incurred prior to grant funding approval date or work already undertaken
In addition to meeting the eligibility criteria, applications were prioritised on:
the extent to which the services supported establishment and development of the business
the extent to which the services enhanced the owner's skills and abilities
potential business improvements
value for money
On completion of the project, successful applicants will be reimbursed 50% of the total project cost, up to the approved grant funding amount.
To receive reimbursement, applicants must:
complete and submit an acquittal report through SmartyGrants
issue a valid tax invoice to the Department of Employment, Small Business and Training
submit copies of supplier invoices and proof of purchase for the total project cost.