Aus Gov Grants
Find out if you are eligible for government grants.
The government offers some incentives for local business as a way to stimulate the economy. Knowing about them will help you know if you are eligible and take advantage of the opportunity. Finding grants, support programs, and funding for your business will help to keep your business afloat and to grow. There are different types of grants available, while some come in the form of funding, we have those that come as programs to help build your skill and knowledge.
Common grants include;
This is a scheme of the federal government which is put in place to help businesses and non-profit organisations that are severely affected by the coronavirus pandemic. The scheme which started in March 2020 is scheduled to end by march 2021. Under it, business and non-profit organisations that record certain losses in their revenue will be eligible to receive certain amounts from the government. The purpose is to ensure that Australians don’t lose their jobs as a result of the economic downturn caused by the pandemic.
Incubator Support – Expert in Residence
This provides funding for incubators so they have acute expertise and new skills which they will use to help start-ups succeed both in local and international markets. Anyone who is qualified will get between$5000 and $10000 of the project funding for as much as a year.
Business Energy Advice Program
This program focuses on helping small businesses to cut down their energy costs and get better energy deals. It is open to businesses that have between 6 and 20 employees. For a business that is affected by the drought, it is between 0 to 20 employees. This program is sponsored by the Department of Industry, Science, Energy and Resources and through it, businesses will know about energy-saving opportunities, get specific advice on energy efficiency as related to their business and they will get the best energy plan too.
Early Stage Venture Capital Limited Partnerships (ESVCLP)
This program provides support for investors and fund managers that will help to stimulate the early-stage investment IN venture capital. It comes with tax benefits for those who are eligible, and it is open to those who want to raise between $10 million to $200 million in venture capital funds.
Textile, Clothing and Footwear Corporate Wear Register
This program gives employers the opportunity to register non-copulatory accessories and uniforms and employees will get tax deductions on the cost of buying, maintaining, or renting their clothing. The employers will also get fringe benefit tax concessions on the contribution they make towards the uniforms.
Major Project Status
This project recognises the importance of the project to the Australian economy. When such a project gets formal recognition, you will get extra support and approvals for your business.
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