Give Your Business a Boost — How the Business Growth Fund Can Help You Scale

Give Your Business a Boost — How the Business Growth Fund Can Help You Scale

Summary

The Queensland Government’s Business Growth Fund (BGF) offers between $50,000 and $75,000 to help small and family businesses purchase specialised equipment and scale their operations. If you’re planning to grow, automate or boost production, this grant may be worth a look.

What the grant offers

  • $50,000–$75,000 for eligible businesses
  • Funding delivered in three milestone payments
  • Requires a 50% co-contribution from the business
  • Designed specifically for specialised equipment and systems that increase capacity, efficiency or output

Who can apply

Eligible applicants typically need to:

  • Be a Queensland-based small or family business
  • Have fewer than 20 employees
  • Show a solid trading history and clear potential for growth
  • Demonstrate how the proposed equipment will support expansion

What the funding can be used for

The BGF supports investments such as:

  • Production or manufacturing equipment
  • Digital, automation or operational systems
  • Tools that directly enable scaling or efficiency improvements

Why it’s worth considering

The fund helps businesses reduce the upfront cost of major equipment purchases while accelerating growth plans. For SMEs looking to expand quickly and confidently, this grant can be a strong strategic boost.

To find out more or apply, visit the Business Queensland website.

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