Round 3 of the Business Basics Grants are about to open, and it could be your chance to access a fixed $5,000 in funding to put towards access a range of business support!

Business Criteria

• You must have fewer than 20 employees
• Have an active Australian Business Number (ABN) and be registered for GST
• Have an expected turnover of $300,000 or less for the current financial year (2021-22)
• Not have been approved for funding under Round 1 or 2 of the Business Basics program
• Have owners/directors that are not bankrupt or insolvent

Once you’ve confirmed that you’re eligible to apply for your own business, you also need to be aware that applications open 9am on 16 May 2022 and close as soon as the QLD Government receives enough applications for a competitive assessment!

Regional QLD Businesses are being given a one-day head start on SEQ and in the last round of funding, applications closed only a FEW DAYS after opening, so it’s critical we prepare your business in advance with the necessary documents and quotes. We will be able to support your business with this, but there are a few things you can get started with.

First up, we recommend registering for a ‘QLD Gov Grants Application Account’ (if you don’t already have one). This is completely free, and allows you to apply for your $5,000 grant when applications open

The second step (that you should also complete now) is to fill-in and sign a statutory declaration confirming your business details. This must be signed by an approved witness such as a JP. The court house and most major shopping centres offer a limited service, but we can help you do this in our office at any time.

The final step is securing a detailed supplier quote for services. We can provide this for you, along with other supporting information for this grant application. Please contact us ASAP, as we need to discuss your requirements and business goals in order to maximise your opportunity, you should always avoid tax mistakes.

We look forward to talking to you soon and helping you to secure your $5,000 grant funding.

Business Wise

The team at Business Wise don't just do bookkeeping and accounting - we believe that successful businesses are those that are informed, proactive and open to change, and we want to help you on your journey to success.