Could you use $15,000 from the Business Boost Grant?

With the recent $5,000 Business Basic Grant filled in just 3 hours, it pays to prepare for the next grant out now with submissions opening in late July.

Applying for GrantsThe Business Boost grant is part of the Queensland government’s $25 million dollar plan to assist small businesses announced recently.

This grant is up to $15,000 which will help small businesses to improve their productivity & efficiency through organisational development and upgrades through automated software and CRM systems.

Available Funding:

You may be eligible to receive a grant payment of $15,000 (excluding GST) on completing your proposed project.
Successful applicants must co-contribute at least 30% of the total project costs.
Grant funding will be paid only after compliant acquittal documentation is received.

We will not fund projects with:

  • a total cost of less than $10,715 (excluding GST)
    or
  • payments made before the approval date (you must be approved before you pay for grant-funded project activities).

Total project costs (excluding GST):

MINIMUM: $10,715

MAXIMUM: $21,429*

*Your project can cost more than $21,429 but the maximum amount DESBT will contribute is $15,000.

Co-contribution Example:

Total Project Cost (up to): $21,429
Your contribution: $6,429 (at least 30% of total project costs)
Grant funding: $15,000 (post project)

Eligibility

To be eligible for this grant, your business must:

  • have fewer than 20 employees at the time of applying for the grant
  • have an active Australian Business Number (ABN) and registered for GST
  • have a Queensland headquarters
  • have a turnover of between $300,000 (minimum) and $600,000 (maximum) in the last financial year (2020–21)
  • have a publicly reachable web presence to identify business operations (e.g. business website and/or social media pages)
  • not be insolvent or have owners/directors that are an undischarged bankrupt.

Check your eligibility to find out if your business can apply for the program.

What it covers:

Future planning

  • Strategic business planning for innovation or growth
  • Implementing a governance board to guide strategic planning
  • Exporting opportunities and requirements
  • Compliance with industry regulations and standards

Specialised and automated software

  • Design and implementation of management systems, including
    • data warehouses
    • asset management
    • customer relationship management systems
    • quality and compliance management
    • risk management
    • production systems
    • project management systems
  • Bespoke or complex website design and build, including e-commerce, software integration, booking systems
  • Cybersecurity tools
  • Innovative technology that improves or diversifies service offerings

Staff management, development and planning

  • Human resource management skills building
  • Professional development and training
  • Digital workplace plans and systems for a remote workforce

IMPORTANT INFORMATION/STEPS TO DO WELL BEFORE SUBMISSION

  1. Make sure you meet the criteria
  2. Get your Statutory Declaration signed and scanned ready to submit
  3. Get a Quote – Contact us to meet/discuss your requirements so we can prepare a quote for you
  4. Using the sample application form – answer all questions making sure you match the criteria exactly. Use a text or Word document and do this well beforehand
  5. Just copy & Paste to speed up the application process on the day
  6. IMPORTANT – SUBMIT WITHIN THE FIRST FEW (2) HOURS!!!

The last grant was closed in just 3 hours so be quick!!!

How we can assist you?

We can assist you in many way including refreshing or rebuilding your ecommerce  website, track and manage leads + implementing sales and marketing automation via and effective CRM (Customer Relationship Manager), implementing a Project Management System or HR Systems, strategic marketing plans and much more.

Why not integrate your website store into and Inventory management system with 2 way syncing of products and invoices synced to your accounting system?

We can assist you to think outside of the box so schedule a time to chat with us regarding applying for this grant. Alternatively, you can Request A Quote here.

The post ( Could you use $15,000 from the Business Boost Grant?) appeared first on Visual Marketing Australia.
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