This grant has expired.

This grant has expired and is no longer available. However, please contact Avant Group in case there are alternative grants available or to be informed if this grant will reopen.

Small Business is booming in Australia

Small Business Growth Strategy Grant Program

  • Applications Open: This program is open on an ongoing basis until 2 pm AEDT on 4 April 2023.
  • Grants: between $10,000-$50,000

The program seeks to provide grants to small businesses for the delivery of projects that align with Tasmanian Government's Small Business Growth Strategy 2026.

Key Requirements

To acquit a grant the applicant must meet the main criteria include:

  • Project Plan
  • Applicant’s capability to deliver the project
  •  Project Budget

What is eligible for funding?

The eligible projects must:

  • Relate to 1 of the Small Business Growth Strategy themes:
    1. Technology
    2. Place
    3. People and connections
    4. Enabling business
    5. Technology
  • Align with 1 of the following streams:
    1. Stream 1: Research and feasibility studies
    2. Stream 2: Workplace capability
    3. Stream 3: Scaling up/business growth

What companies are eligible for funding?

To be  eligible the applicants must be registered for tax purposes with an active ABN from 1 July 2021 and:

1.)For organisations

  • Be an organisation that provides membership support, advocacy, information, representation, and other support functions for its business members.
  • Have a membership base comprising at least 60% small business members.
  • Be primarily located in Tasmania with a 90%  Tasmanian-based membership.

2.)For business

  • Have reported the annual sales turnover in the 2021-22 financial year of at least $50,000.

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.