360 Financial Advantage was providing accounting and financial services in Coffs Harbour, Macksville and Port Macquarie. The business’ leadership team...
The Queensland government’s ‘Small Business Digital Grants Program’ is now in full swing and local businesses are already benefiting from it. In case you hadn’t already heard, they’re giving away grants of up to $10,000 to help small businesses capitalise on the opportunities created by digital technologies.
The government says your grant should be spent on, ‘Technology that helps you work smarter, engage with the global economy and make the most of online business opportunities arising from digital disruption.’
Matching funding between $1,000 and $10,000 (excluding GST) is being granted for:
No catch really, but you must show that the technology or services you’ve bought will:
That means you’ll need to supply the government with a thorough project report on completion. Your report should detail how the grant was spent and the impact it’s had on the business.
Your business is eligible to apply for a grant if:
You will also have to declare if any owners or directors of the business are an undischarged bankrupt or insolvent.
All Queensland-based small businesses can apply. The business must show that the digital technology or service purchased will enhance the digital capabilities of the business and help them to be more competitive.
Once approved, the payment process is pretty easy. The government will pay the business directly on completion of the project. The payment value will even be increased to compensate for any GST. You’ll just need to present them with proof of payment for the products or services. Businesses will also be surveyed 12 months after the completion of the project.
Applications are now open, but get in fast because as soon as the government has received enough interest they will close this round of applications.
Visit the Queensland Small Business Grants Website here to download the terms and conditions and the official application form.
If you prefer to use the phone, you can find out more about the grants by calling 13 QGOV (13 74 68).