Queensland $5,000 Business Basics Grant

Queensland $5,000 Business Basics Grant

Applications for the Queensland Government’s Business Basics Grant will open Monday 31 May 2021.

This $5,000 grant is designed to assist new and emerging businesses to increase core capabilities and adopt current best practice.

Funded Activities

The grant can be put towards the following activities:

  • Training and coaching
    • Business development, marketing, human resources or business planning topics
  • Website development and upgrades
    • Website build or upgrade (including website refresh)
    • Adding e-commerce
    • Developing new website content
  • Strategic marketing services
    • Strategic marketing plans including search engine optimisation (SEO) advice
  • Advisory services
    • Business plans
  • Business continuity and succession
    • Business continuity or succession plans
    • Cybersafety training and tools

Note: our firm provides advisory services in relation to business development, business plans and continuity/succession planning.

Ineligible Activities

  • activities bought using cryptocurrencies, barter, or services in-kind
  • general business operating costs (e.g. bookkeeping or accounting, tax returns)
  • real estate/property, hire, lease, or rental fees
  • goods, services, or fees from related parties (include companies with common shareholdings or directors, employees or immediate family)
  • travel
  • franchise fees
  • purchase of stock
  • GST, registration, and fees
  • maintenance of existing digital technologies
  • computer hardware (e.g. computer servers, PCs, tablets/iPads, mobile phones)
  • activities purchased via direct selling (e.g. by party plan or network marketing)
  • delivery, credit card and transaction fees
  • memberships and joining fees
  • salaries
  • fleet vehicles
  • website hosting
  • advertising campaign delivery (e.g. Google AdWords, Facebook advertising or similar expenses).

Eligibility Criteria

Businesses must:

  • have fewer than 20 employees at the time of applying for the grant
  • have an active Australian Business Number (ABN) and be registered for GST
  • have a Queensland headquarters
  • have a turnover of $300,000 or less for the current financial year
  • not be insolvent or have owners/directors that are an undischarged bankrupt.

Application Process

Step 1: Online Application

You must complete the online application form via SmartyGrants which will be available from 31 May 2021.

Your application must include the following documents:

  • a certified statutory declaration from the business’s owner or director stating the business
    • does not have a turnover exceeding $300,000 per annum
    • meets all grant eligibility criteria
  • a proposal detailing the activities you will purchase
  • supplier quotes (no more than 2) detailing who will undertake the project work, description of services, and outline key activities.

Note: our firm can assist you to confirm your business meets the grant eligibility criteria and certify your statutory declaration.

Step 2: Assessment

  • Following closure of the round, the Department of Employment, Small Business and Training (DESBT) will run a competitive assessment process

Step 3: Notification of Outcome

  • DESBT will advise all applicants of the outcome of their grant application.
  • Successful applicants will receive an approval letter outlining the funding agreement.

Step 4: Funding Agreement and Payment

  • Grant recipients enter into a funding agreement with DESBT and receive a single upfront grant payment of $5,000 (GST ex).

Step 5: Recipients Complete Activities

  • Recipients must complete their grant-funded activity within four (4) months of receiving their approval letter.
  • Recipients must keep all application evidence, supplier quotes, corresponding invoices and bank transactions for audit purposes

Step 6: Survey

  • Recipients will be surveyed within six (6) months after completion of the grant program.

Refer to the application guidelines for a comprehensive overview of each stage of the application process.

Further Assistance

Feel free to contact our office for further details about the grant or assistance with the submission of your grant application.

You can also visit the Queensland Government website for more information about the grant.