Queensland Government Grants up to 50K to buy equipment for businesses employing under 50 people

Queensland Government Grants up to 50K to buy equipment for businesses employing under 50 people

AFA supports the Business Growth Fund (BGF) targeting high-growth businesses who can accelerate growth, drive Queensland’s economy and employ more Queenslanders.

AFA Members are eligible for AFA endorsement to apply for a single up-front payment of up to $50,000 for eligible QLD businesses.

Specialised equipment is considered an independent or additional piece of complex machinery that will have a direct impact on the operations of the business to increase, automate or enhance productivity and presents a significant investment to the business. The impact of the equipment unique to the growth of the business and local economy will be taken into consideration.

 

Examples of eligible highly specialised equipment include (but are not limited to):

  • production equipment to meet otherwise unachievable growth demand
  • advanced manufacturing or digital equipment and systems
  • advanced logistics systems and equipment.

For eligibility criteria and to lodge your application go to:

https://www.business.qld.gov.au/starting-business/advice-support/grants/growth-fund

AFA Members should contact Chris Buschmann at bdo@theafa.asn.au for AFA endorsement details.