State Government grant program deadlines
State governments across Australia regularly offer grant funding that can provide a cash boost for your business. Are you aware of the grant programs that might be a great fit for your company, regardless of whether you’re a start-up, SME or more established business?
We are regularly reviewing State government grant programs. There are currently numerous grants available for a range of business activities, many of which have application deadlines in the next 1-2 months.
If you need a quick round-up, we’ve got you covered. See below a summary of several State government grant programs with rapidly approaching closing dates that have caught our eye.
| Program | Details | Maximum Funding | Closing Date |
|---|---|---|---|
| QUEENSLAND | |||
| New Market Program | Funding to help established Queensland exporters to enter a new export market, including market research, promotional materials, in-market representatives, and trade show attendance. | $25,000 (matched funding | 19-Apr |
| Ignite Spark EOI (Round 2) | Supporting Queensland SMEs with high-growth potential to progress the development of an innovative product or service closer to market. | $75,000 (up to 90% eligible costs) | 22-Apr |
| NEW SOUTH WALES & AUSTRALIAN CAPITAL TERRITORY | |||
| Low Carbon Product Manufacturing (Construction Ready stream) | Funding to expand local manufacture of low carbon products and materials (in particular, via new industrial facilities and advanced manufacturing capabilities). | $20mill | 19-Apr |
| Renewable Manufacturing (Construction Ready stream) | Funding to expand local manufacture of components for renewable energy (in particular, via new manufacturing facilities). | $50mill | 19-Apr |
| Physical Sciences Fund (Round 5) | Financial support for the development of new and innovative devices and systems within the physical sciences and engineering fields. | $2mill | 29-Apr |
| Low Carbon Product Manufacturing (Project Development stream) | Funding to expand local manufacture of low carbon products and materials (specifically, to help progress projects to a financial investment decision). | $900,000 (up to 50% eligible costs) | 17 May (extended from 3 May) |
| Clean Technology Innovation (Project Development stream) | Funding to accelerate the research, development and commercialisation of emerging clean technologies. | $250,000 (up to 50% eligible costs) | 3-May |
| VICTORIA | |||
| Digital Jobs for Manufacturing | Financial assistance for Victorian manufacturers to adopt digital technologies for their operations. | $5,000 | 5-May |
| WESTERN AUSTRALIA | |||
| Clean Energy Future Fund | Funding to support the implementation of innovative clean energy projects in WA. | $4mill (up to 25% of eligible costs) | 10-Jun |
There are also upcoming closing dates for some important Federal Government funding programs, including:
· Business Research & Innovation Initiative – Renewables & Low Emissions Round, closing to applications on 18 April 2024, and
· Research and Development Tax Incentive for YE 30 June 2023 activities, closing to applications on 30 April 2024.
A further note for NSW businesses – the Minimum Viable Product (MVP) Ventures funding program was originally open to expressions of interest until 30 April, but has closed early due to overwhelming demand. This highlights the importance of being ‘grant ready’ and not delaying submission of your grant applications, particularly for popular programs.
Please reach out for assistance to learn more about State and Federal grant funding programs that could be a good fit for your business, or if you need help to prepare a compelling grant application.