A new grants program has been opened to assist small businesses impacted by COVID-19. The $100 million support package includes the Small Business Adaption Grants of up-to $10,000 and some new training support initiatives.
Premier Annastacia Palaszczuk indicated that “Small businesses, including micro businesses, can apply for a share in the grants program to help pay for financial, legal or other professional advice, marketing and communications activities and digital or technology strategy development…The grants can also be used to buy specialised digital equipment or business specific software to help move the business online”.
Further information on how to apply and the eligibility requirements is available on the QLD Government website.
Grants funds can be used towards eligible projects commencing from 23 March 2020 and must be completed within 6 months of the grant approval date.
Applications are open now and will close when funding has been exhausted. If you feel your business is eligible, we recommend that you move quickly.
Please contact your Cooper Reeves Advisor for assistance.