Deadline: 10-Dec-21
The Australian Government has announced the Northern Australia Development Program for supporting small to medium enterprises in Northern Australia, including Indigenous businesses, to create jobs and strengthen business capability and resilience through diversifying or scaling up their business and increasing turnover and profitability.
The Business Development Grant Opportunity is part of the Northern Australia Development Program which focuses on economic diversification and job creation through support for scaling up and growing businesses, including Indigenous businesses, in Northern Australian communities.
The program has 2 elements:
- grant opportunities, including Business Development Grants and Industry Transformation Grants
- Business Advisory services, which give access to advice and services to build and strengthen businesses.
Funding Information
- Grants between $50,000 and $2 million.
- Grant amounts can be up to 50% of eligible project expenditure.
Eligibility Criteria
- To be eligible you must have an Australian business number (ABN) and be one of the following entities:
- an entity incorporated in Australia and a trading corporation
- an incorporated trustee on behalf of a trust.
- Your trading activities must:
- form a sufficiently significant proportion of the corporation / trust’s overall activities as to merit it being described as a trading corporation / trust; or
- be a substantial and not merely peripheral activity of the corporation / trust.
- You must also:
- be a small to medium business – up to 199 employees
- have a minimum eligible project of $100,000.
For more information, visit https://business.gov.au/grants-and-programs/northern-australia-development-program-business-development