100% Locally Owned, Independent and Free

100% Locally Owned, Independent and Free

Who is eligible for a boost via the Business Growth Fund, Katrina Brennan gives her advice

Do you have a news tip? Click here to send to our news team.

Sami Muirhead: Spring fields of broken dreams

I love this time of year. As I was sitting around the firepit last week, having a farewell-to-winter gin and tonic, I started to More

Coast’s first tilt-panel duplex sets new luxury standard

A “first of its kind” duplex built using a concrete tilt panel process is setting a new benchmark for luxury living. Steps from the beach, More

Ashley Robinson: Foiled again on the home front

I have written about retirement before and the implications it may have for me spending more time at home with Old Mate. There have been More

Acclaimed chef to bring Sydney venue to new-look resort

A successful Sydney restaurant has been named to open beneath a well-known resort currently undergoing renovations. Acclaimed restaurateur and chef Alessandro Pavoni will bring Cibaria More

Plans for 96-place childcare centre lodged

A development application has been lodged to build a new childcare centre at Mudjimba, adding to an early education provider's growing network on the More

Cruising in style: two-storey floating venue opens

A new floating venue offering a ‘nautical chic’ experience has begun cruising a popular waterway. The Boat Mooloolaba operates along the Mooloolah River, offering sunset More

Stage one expression of interest applications are now open for the Business Growth Fund Program.

Successful applicants will receive one up-front payment between $25,000 and $50,000 (GST exclusive). A 25% co-contribution is required from the applicant.

What projects will the funding cover?

• Specialised equipment considered to:
• Be an independent or additional piece of complex machinery that directly impacts business operations
• Assist in automating and enhancing productivity
• Present a significant investment in the business

What’s the eligibility criteria?

Businesses that wish to apply must have high-growth potential (considered to be a 20% increase in productivity, turnover, profit and/or employment in the last 12 months) and meet the following criteria:
• Must have a clearly defined opportunity and plan for growth
• Must have a business plan in place
• Must have the capacity to access finance and fund the growth of their business
• Have a trading history of a minimum of three years at the time of application
• Have a minimum turnover of $500,000 for the last financial year.

They must also have competitive opportunities in domestic or international markets, among other criteria.

Katrina Brennan is the Principal at SRJ Walker Wayland – Business Growth advisors, accountants & auditors based in the Moreton Bay, Brisbane & Sunshine Coast regions.

Subscribe to SCN’s free daily news email

This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.
[scn_go_back_button] Return Home
Share