Business Coach Blog

Government grants for Australian businesses

Government grants for Australian businesses

Would you like to access business funding to grow your business or recover from the recent bush fire and drought? Take advantage of these government grants for Australian businesses and see how it can give you and your business the boost it needs to recover, grow and scale.

Know more about various government grants and recovery assistance available for:

  • Queensland businesses
  • South Australian businesses
  • Victorian businesses
  • NSW businesses
  • Canberra businesses

Government grants for Queensland businesses

Queensland Bushfire Relief

The Queensland government supports small business recovery from the Eastern Queensland Bushfires from October - December 2019.

They will be reaching out to small businesses affected by bushfires to provide support and assistance as soon as it is safe to do so.

For more information, please visit Queensland Bushfire Relief.

Extraordinary Bushfire Assistance Loans

The Australian and Queensland Governments have announced a new $500,000 Extraordinary Bushfire Assistance Loan to assist businesses affected by the Eastern Queensland bushfire 7 October – 19 December 2019 and the Southern Queensland bushfire 6-12 September 2019.

These concessional loans are intended to be used for the purposes of restoring and/or replacing damaged assets (eg. replacing livestock, buildings and replanting) and/or to meet working capital expenses (eg. paying rent, wages and salaries).

For more information, visit the Extraordinary Bushfire Assistance Loans.

Small Business Month Grants Program

The Small Business Month Grants program provides funding support to Queensland individuals or organisations who are seeking to host their own event, project or initiative as part of Queensland Small Business Month (QSBM) 2020 from Friday 1 May to Sunday 31 May 2020.

Funding of up to $5,000 (excluding GST) is available as a reimbursement for eligible individuals or organisations to host an event, project or initiative that creates an educational and/or collaborative community experience as part of QSBM 2020.

The grant is now open and will close on 10 March 2020. For more information about the program, visit the Small Business Month Grants Program.

Small Business Digital Grants Program

The Small Business Digital Grants Program can assist small businesses to access digital technologies and services to help them to work smarter, engage with the global economy and make the most of online business opportunities arising from digital disruption.

Matching funding of up to $10,000 (excluding GST) may be provided to eligible businesses for the purchase of hardware, software and services (such as digital coaching). The business must show that the digital technology or service purchased and adopted will enhance the digital capabilities of their business and help them be more competitive and employ more staff.

The program is now closed and is expected to be open for applications by mid-2020. For more information about the program, visit Small Business Digital Grants Program.

Government grants for South Australian businesses

Small Business Bushfire Recovery Grant

The South Australian Government has partnered with the Commonwealth Government to offer financial assistance under Disaster Recovery Arrangements to those impacted by bushfires in South Australia.

Financial assistance of up to $50,000 is available to impacted small businesses for costs associated with clean-up, restoration and rebuilding.

Available funding includes an initial amount of up to $25,000 to support an initial claim and a subsequent amount of up to $25,000 to support subsequent claims.

For details please see South Australia Small Business Bushfire Recovery Grant.

Government grants for Victorian businesses

Small Business Bushfire Recovery Grants Victoria

Grants of up to $50,000 are available to eligible Victorian small businesses and non-profit organisations affected by the Victorian bushfires commencing 21 November 2019.

These grants are intended to help pay for costs of clean-up and reinstatement of eligible small businesses that have suffered direct damage as a result of bushfires.

Applications are open until 31 July 2020. For more information, please visit Small Business Bushfire Recovery Grants Victoria.

Government grants for NSW businesses

Bushfire Recovery Grant for Directly-Impacted Small Businesses

If you're a small business or non-profit organisation, and you've suffered direct damage to your premises or equipment as a result of the NSW 2019–2020 bushfire event (beginning in August 2019), you may be eligible for a bushfire recovery grant.

The bushfire recovery grant of up to $50,000 is to help pay for costs associated with the clean-up and reinstatement of a small business or non-profit organisation’s operations.

For more information, please visit Bushfire Recovery Grant for Directly-Impacted Small Businesses.

Government grants for Canberra businesses

ACT Business Recovery Assistance Loans

If you are a small business, not for profit organisation or primary producer in the ACT and have suffered direct damage to your premises and/or significant loss of income as a result of the 2019-2020 bushfire events, including the effects of smoke and reduced air quality, you may be eligible for bushfire recovery assistance.

Read more about ACT Business Recovery Assistance Loans.

NB: This post was first published in November 2019 and has been updated February 2020 to reflect changes to various government grants and funding opportunities for Australian businesses.


Related Blogs

  • Guest Post: Your Cash Flow Problem May Not Be a Cash Flow Problem

    As an accountant and advisor to a lot of small business owners, if I had a $1 for every time a small business owner...
  • The importance of knowing your numbers in business

    The reason that many business owners start their own business is for more flexibility and ultimately, to make a...
  • What numbers should I measure in my business?

    We recently looked at the importance of knowing your numbers in business. There are a lot of benefits to knowing your...

Find out more of our business resources