If you’re looking to grow or scale your business, there might be a grant that will provide business funding. Grants are a generous source of funding provided, in most cases, by state or federal governments and various other business funding parties to support Australian business opportunities. Business grants are awarded as cash payments, reimbursements, matched funding or low-cost loans.
There are thousands of grants to know about, and they chop and change with new additions and updates on a daily basis. Commonly, grants are awarded for:
arts and media
environmental improvements and sustainability
exporting and trade
innovation and technology
not-for-profit and social enterprise
training and education
volunteering and community service
How do I apply for a business grant?
Before applying for any business grant, we recommend that you:
thoroughly read the grant requirements and eligibility criteria
check the grant deadlines
look for case studies and past recipients of the grant
take the time to understand why the grant is being offered – what are the goals of the funding?
clearly outline projects and milestones – most funding is project based
draft project budgets
consider your time investment and the opportunity cost – there are no free lunches
Whether you’ve seen a specific government business grant you’d like to explore or you don’t know where to start, contact BlueRock’s grant specialists for a chat.