The Australian Government offers many subsidies to businesses and individuals to assist them in pursuing their goals. There is no expectation of repayment, as they are given with the expectation that they will benefit Australian society in some way.
Unfortunately just knowing about a grant does not create a successful application. That only comes with expertise and experience. The number of companies that waste their time applying unsuccessfully for a grant is astounding. The information they provide in the application usually gives the reasosn for not approving it. By all means find a grant, but then find a grants SPECIALIST (not an accountant or consultant that does other things) who has the confidence in their ability to prepare your winning application for just a success fee. No win, no fee.
One of the best sites for grant information in Australia is www.business.gov.au
Steve's suggestion of www.grants.gov.au is a site similar to www.grants.com.au
Extra funding to point towards marketing my business..
As Bruce Patten mentioned, the Australian Federal government provides a wide range of grants and financial incentives. They’re mostly designed to ‘enhance business productivity and competitiveness’ and can be in the form of matched funding, access to professional services and tax incentives.
Your eligibility and the programs most relevant for you depend on the type of business you have, and why you need funding.
The government’s flagship program is the Entrepreneurs’ Program and is a comprehensive offering (beyond just funding). It could be a great option if it’s relevant for you.
For exporters, there’s the Export Market Development Grant (EMDG). It can reimburse up to 50% of eligible export promotion expenses up to $150k - there’s a lot involved in this grant though.
We have a blog post about some of the different options - but this is only scratching the surface! I’d be happy to help you out if you’re looking for some more specific guidance.
Oh, to be a kid again. It might be the only time in your life free money existed. Sure, you might have to do some household chores for your pocket money, but occasionally, someone – grandparents,...
Great article Alistair. While https://www.business.gov.au/assistance is a good starting point, what they do not tell you is how to lodge a successful application. We have been approached by companies that should have received a grant but were disappointed that their application was unsuccessful. Even today I was contacted by a compnay that has a $30m project that has been rejected by AusIndusrty but approved by the state government and received another grant. Why? They did not tell AusIndustry what they needed to know. There is a skill in preparing grant application which is not available on the internet. Its called experience. We have over 30 years of it in preparing grant applications and its available to any businesses. Contact us at firstname.lastname@example.org and let us SHOW YOU THE MONEY.
By Michael McCash, MYOB I was chatting to a friend who had started a couple of businesses the other day, and one thing he said struck me. He was talking about the second company he’d started, which...
Thanks Michael for the iceberg. With over 1000 grants worth $50 billion annually there are many more grants below the water. This article, while valuable, is only the tip of the iceberg. Grants funds provide valuable liquidity (my clever link to icebergs) for businesses. It is there and available so claim it. We all know what happens to money left with the government and we know what benefit grants provide to business. For example, Cochlear Ltd only exisits today because of government grants. I was there when it started and know first hand. Visit www.business.gov.au for details on some of the available grants or contact email@example.com for a free grants assessment for your business
how to find different grandts for small business or startups, and process to get those grants and terms to be followed to get them.
Ananda, your best option is to contact a grants specialist. Avoid accountant or grants consultant that only work on a few entitlement grant programs. You want a business that only works in the grants industry.
Make sure they only charge a success fee and not an hourly rate.
Some grants for SME and satrtups do not require professional help. The specalist should provide a free review function of your self-prepared application.
There are many grants available ($50 Billion annually) so it is best to engage a professional so you don't miss any grants and your applications are successful.
Pattens Group are Australia's only grant specialists that meet all the above criteria.
We would be happy to assist you.
Alternatively you can conduct your own search at www.business.gov.au
Hi, I have just spent over an hour with the Department of Business and Innovation's (DBI) Development Manager who was very helpful and gave good advice and leads for my business. I only found them at...
Hello Peter. There are over 1000 grants worth $50b available annually. Pattens is the only Australian Grants Specialist that work across all grants. We only charge a success fee. With 30 years experience and a 99.9% succes rate you are in good hands.