On 21 October 2016, the Queensland Government announced their Accelerate Small Business Grants Program.
The grant will provide matched funding of up to $10,000 to eligible businesses to engage business mentors, coaches or an advisory board for 6 to 12 months.
To be eligible for the grant, your business must:
Have a minimum trading history of 4 years
Have a minimum turnover of $750,000
Have a maximum headcount of 20 employees at the time of application
Have an ABN
Have Queensland headquarters or significant Queensland operations
Have competitive opportunities in domestic or international markets
Be experiencing growth and have clearly defined high-growth opportunities
Applications opened on 25 October 2016 and will remain open until the annual budget of $3 million is fully allocated. For more information please go to: https://www.business.qld.gov.au/business/support-tools-grants/grants/accelerate-grants
DISCLAIMER: The information in this article is general in nature and is not a substitute for professional advice. Accordingly, neither TJN Accountants nor any member or employee of TJN Accountants accepts any responsibility for any loss, however caused, as a result of reliance on this general information. We recommend that our formal advice be sought before acting in any of the areas. The article is issued as a helpful guide to clients and for their private information. Therefore it should be regarded as confidential and not be made available to any person without our consent,
Jeanette has over 20 years experience as an accountant in public practice. She is a Chartered Accountant, registered tax agent and accredited SMSF Association advisor. When she is not helping business owners grow their empires, you will likely find her out running on the trails or lifting weights in her local CrossFit gym. Book in to see Jeanette today.