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Business Basics Grant Program Round 4

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Published by:
Anthony Bray
Published on:
November 23, 2022
Business Basics Grant Program 2022 November

The Department of Employment, Small Business and Training administers grants and programs to help Queensland small business continue to recover, grow and thrive by committing grant funds for businesses to increase key capabilities, embrace innovation, and assist high-growth businesses to capitalise on opportunities.

They have just announced the current planned grant rounds for 2022 Business Basics Grant Program Round 4.

Applications Opening Date:

Stage 1: Registration of Interest (ROI) opens 24 November 2022 (tomorrow)

Stage 2: Full application opens 12 December 2022 (selected ROI applicants only)

Applications Closing Date:  

Stage 1: Registration of Interest (ROI) closes 5 December 2022

Stage 2: Full application closes 23 January 2023 (selected ROI applicants only)

You may be eligible for a single up-front fixed grant payment of $5,000 (excluding GST)

Services we offer that the grant can be used for include business development advice, business plans, business continuity and succession plans.

Eligibility:

To be eligible for this grant, your business must:

  • Not have been approved for funding under Round 1,2 or 3
  • Have fewer than 20 employees at the time of applying
  • Have an active ABN and be registered for GST
  • Headquarters in Qld
  • Have an expected turnover of $300,000 or less in the last financial year
  • Not have owners/directors that are insolvent or an undischarged bankrupt.

There’s No Shortage of Improvements You Can Make

It should be clear by now that you can do a lot to change the course of your business for the better. If you desire growth and profitability, you have to focus on your business’s most crucial aspects.

Remember, customers are ultimately your company’s lifeline. That’s why you have to find the right ones and give them what they need. Developing customer relationships and training your staff for excellent service will go a long way toward meeting your goals.

And don’t forget that no matter how well you plan, the unexpected can always come to pass. Asset protection and adaptability are two of the most important tools at your disposal.

Are you ready to put 2022 behind you and grow your business in earnest? Get started by calling a Modoras professional at  1300 888 803 today.

There are different support grants from the government to your business that might be eligible for. If you need help with your grant application, we can assist. We can help you confirm your eligibility for assistance, prepare your funding application, or simply give you advice. We’ll take care of you.

Business Advisory

IMPORTANT INFORMATION: This blog has been prepared by Modoras Accounting (QLD) Pty. Ltd. ABN 81 601 145 215. The information and opinions contained in this blog is general information only and is not intended to represent specific personal advice (Accounting, taxation, financial, insurance or credit). No individuals’ personal circumstances have been taken into consideration for the preparation of this material. The information and opinions herein do not constitute any recommendation to purchase, sell or hold any particular financial product. Modoras Accounting (QLD) Pty. Ltd. recommends that no financial product or financial service be acquired or disposed of or financial strategy adopted without you first obtaining professional personal financial advice suitable and appropriate to your own personal needs, objectives, goals and circumstances. Information, forecasts and opinions contained in this blog can change without notice. Modoras Accounting (QLD) Pty. Ltd. does not guarantee the accuracy of the information at any particular time. Although care has been exercised in compiling the information contained within, Modoras Accounting (QLD) Pty. Ltd. does not warrant that the articles within are free from errors, inaccuracies or omissions. To the extent permissible by law, neither Modoras Accounting (QLD) Pty. Ltd. nor its employees, representatives or agents (including associated and affiliated companies) accept liability for loss or damages incurred as a result of a person acting in reliance of this publication. Liability limited by a scheme approved under Professional Standards Legislation.

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