Business Growth Fund Program
27 May, 2022
The Business Growth Fund (BGF) targets high-growth businesses who can accelerate growth, drive Queensland’s economy and employ more Queenslanders. It provides funding for small and medium-sized high-growth businesses to buy specialised equipment, enabling them to unlock growth potential, increase production, expand their workforce, and maximise economic returns to move them to the next stage of growth.
Funded businesses are expected to:
- Increase confidence for growth, transitioning from small to medium-sized
- Increase productivity, turnover, profit and employment by 20%
Improve confidence to automate, scale up, increase market share, diversify and/or exploit exporting opportunities.
Stage 1: Expression of interest (EOI) opens at 9am, 31 May 2022