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Queensland Government announces support of Advisory Boards with the Business Growth Fund

The Queensland Government has thrown their support behind businesses accessing Advisory Boards to support high-growth and employment aspirations.

The Business Growth Fund Program, delivered by the Office of Small Business (Queensland Government), is a grant program which provides targeted assistance for small and medium businesses.  The fund will enable successful applicants to purchase and implement specialised equipment or services, including an Advisory Board, to help them seize growth opportunities.

Available funding

Funding of up to $50,000 (excluding GST) may be provided for eligible businesses to purchase and implement highly specialised equipment or services, and enable them to move to the next stage of growth.

Successful applicants must provide a co-contribution of between 25% and 50% of the total project cost. The government contribution will be determined by an assessment panel.

Examples of eligible highly specialised services include engaging an Advisory Board.

For further information visit: https://www.business.qld.gov.au/starting-business/advice-support/grants/growth-fund