Business Growth Fund Program

The Business Growth Fund targets high-growth businesses who can accelerate growth, drive Queensland's economy and employ more Queenslanders. It provides funding for small and medium-sized high-growth businesses to buy highly specialised equipment, enabling them to unlock growth potential, increase production, expand their workforce, and maximise economic returns to move them into the next stage of growth.

Funding ranges from $50,000 to $75,000 (including GST). If successful, funding is paid in 3 milestone payments.

Funded businesses are expected to:

• increase confidence for growth, transitioning from small to medium-sized
• increase productivity, turnover, profit and/or employment by 20%
• improve confidence to automate, scale up, increase market share, diversify and/or exploit exporting opportunities.

Round 6 documents:

• application guidelines
• terms and conditions
• frequently asked questions

The program is administered by the Department of Customer Services, Open Data and Small and Family Business (CDSB).

Previous rounds – key documents

Round 5 key documents

Read these key documents:

• application guidelines
• terms and conditions
• frequently asked questions.

More information

View the small business grants schedule to watch for other grant opportunities.

You can access interpreter and translator services if required.

You can also subscribe to the Business Queensland Connect newsletter to keep up to date with the latest information for Queensland small businesses.

Contact us

For more information about the program, email grants@desbt.qld.gov.au.