The LNP Government’s Business Growth Fund is now open for eligible high-growth small and family businesses to purchase specialised equipment.
Funding can be used to purchase:
• Production equipment to meet otherwise unachievable growth demand.
• Advanced manufacturing or digital equipment and systems, and
• Advanced logistics systems and equipment.
Businesses can now apply for grants of between $50,000 and $75,000 with a co-contribution of at least 50 per cent of the total project cost required.
Small and family businesses generate $131 billion for the Queensland economy and employ more than one million Queenslanders.
Member for Scenic Rim, Jon Krause, said the Business Growth Fund provided direct financial support for small and family businesses to grow, increase productivity and efficiency, increase market share, or develop and expand export opportunities.
The full program eligibility guidelines and conditions are available at business.qld.gov.au/growthfund where registration of interest can also be submitted by 30 January 2026.