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The Business Growth Fund targets high-growth businesses who can accelerate growth, drive Queensland's economy and employ more Queenslanders.

The program provides funding for small and medium-sized businesses experiencing high-growth to buy specialised equipment to unlock growth potential, increase production, expand your workforce and maximise economic returns.

Funded businesses are expected to:

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

You must also fund at least 25% of project costs to buy and implement the specialised equipment.

To learn more and for full eligibility criteria, visit Business Growth Fund.

Other opportunities like this

Rounds

Competitive

State

SME Turnover

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