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QLD Small Business Adaption Grant - Round 2 Opens on 1 July 2020

Announced in the last 24 hours, the QLD Government is extending its Small Business Adaption Grant - first released in May as part of the QLD economic response to COVID-19 impacts.

The second round of the Grant program will open on 1 July 2020, with up to $100 million being made available to micro & small businesses based in South East & Regional Queensland.

As part of the 'Round 2' program, funding is being equally divided between Regional Queensland and South East Queensland areas.

Additionally, as part of our 'Key Dates - Notification' series, we will include a reminder of the opening for applications.

Determining South East QLD vs Regional Queensland Classification

When applying for Round 2 of the Grant program, 'South East Queensland (SEQ)' businesses are classified as those with a principal place of business located in one of the following Local Government areas:

Brisbane City Council City of Gold Coast
Ipswich City Council Logan City Council
Moreton Bay Regional Council Noosa Shire Council
Redlands City Council Scenic Rim Regional Council
Somerset Regional Council Sunshine Coast Regional Council
Toowoomba Regional Council  

Under the criteria, 'Regional Queensland' business are classified as those with a principal place of business in any other Local Government areas within Queensland, not identified as a SEQ location.

Small Business Adaption Grant - Round 2 Details

The available grant amount is a minimum of $2,000 and up to a maximum of $10,000 per eligible small or micro-business, and again can be used towards the following:

  • Financial, legal or other professional advice to support business sustainability and diversification;
  • Continuing to meet business operational costs - including utilities, council rates, rent, telecommunication charges, insurance fees, licensing, or franchise fees;
  • Strategic planning, financial counselling or business coaching aligned to business development and diversification;
  • Building the business through marketing and communication activities (e.g. content development - web pages, mobile apps, visual and audio media, etc);
  • Digital / technological strategy development;
  • Digital training or re-training and up-skilling employees to adapt to new business models;
  • Capital costs associated with meeting COVID-19 safety requirements; and
  • Specialised digital equipment or business specific software to more business operations online

Program / Grant Eligibility Criteria

Criteria issued for Round 2 of the Grant is per Round 1 eligibility.

However, successful applications from Round 1 of the program cannot apply for funding under this second stage. If you have submitted a Round 1 application, but did not receive any return response, you are eligible to apply for Round 2.

How to Apply?

For further information, frequently asked questions, and to apply - please refer to: https://www.business.qld.gov.au/starting-business/advice-support/grants/adaption

For More Information

For more information, or to discuss how we can be of assistance with forming an application, please contact the Archer Gowland office on (07) 3002 2699.

   
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