QLD Business Growth Fund Program

QLD Business Growth Fund Program – Round 7

  • Funding Available: $50,000-$75,000 to help high-growth Queensland small and family businesses purchase equipment that drives productivity, efficiency and market expansion
  • Applications close: 30 January 2026

The Queensland Business Growth Fund offers $50,000–$75,000 to help high-growth small and family businesses purchase specialised equipment that boosts productivity, efficiency, and market expansion.

Applications for Round 7 are open until 30 January 2026, with a two-stage process: Registration of Interest and full application for shortlisted businesses. Eligible applicants must co-contribute 50% of project costs and demonstrate strong growth potential and job creation.

Key Requirements

  • Funding use: Purchase specialised equipment to unlock growth, boost productivity/efficiency and support market expansion or exports.
  • Growth outcomes: Projects are expected to help transition from small to medium size and deliver ~20% uplift in productivity, turnover, profit and/or employment.
  • Co‑contribution: Applicant must contribute at least 50% of total project costs; funding is released across three milestones.
  • Assessment process: Two‑stage approach—ROI, then competitively assessed full application.

What is eligible for funding?

  • Purchase and implementation of specialised equipment that directly enables growth, increases productivity/efficiency, expands market share and/or supports export development; funding is milestone‑based and requires a 50% co‑contribution.

What companies are eligible for funding?

  • Entity type: Established, financially sound small Queensland business with high‑growth potential within 2 years.
  • Employees: <20 employees (headcount; exclude owners, non‑exec directors, contractors).
  • Registration & location: Active ABN, GST‑registered, and Queensland headquarters (per ABR record).
  • Turnover & trading history: $500k–$10m turnover in FY2024‑25 and ≥3 years trading history.
  • Growth track record: 2 years of high growth (defined as ~20% average annual increase in turnover and/or employment).
  • Other: Not insolvent; owners/directors not bankrupt; not funded in earlier BGF rounds; must maintain eligibility throughout the project.

Is this grant competitive or entitlement based?

Competitive. Your application will be assessed among other applications by a judging panel.

How can I increase my chances of winning this grant?

By engaging an accredited government grants consultant, such as Avant Group.

Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.

As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.

Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project

  • Industry analysis presentation
  • Competitor Analysis Presentation
  • Marketing and Sales Analysis Presentation
  • 3-5 year Cashflow Forecast
  • 3-5 year Balance Sheet Forecast
  • Cost-Benefit Analysis of Grant Funding
  • End-to-end grant application including information collating, analysis and application writing
  • CAPEX (Capital Expenditure) cost-benefit analysis
  • Stakeholder relations and Risk Mitigation Plans
  • Any other relevant forecasting that will support your application

How can I get help with my application? Or know if I’m likely to win funding?

Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.