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Grants, funding and assistance

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Last updated on December 1, 2016

Grants and other funding programs may be available from the Australian, State and Territory governments and, in some cases, from local councils.

Generally there are few grants available for starting a business, and those available are competitive or only available for specific circumstances.

There is, however, a range of assistance – including grants – available for business activities such as expanding your business, innovation, exporting, and research and development.

We offer free business advice to all Tasmanian small businesses through the Enterprise Centres Tasmania network.

Please Note
The Department of State Growth has received a number of reports of private operators approaching businesses selling information about government business grants. This information is publically and freely available on this page and the Federal Governments website www.business.gov.au

No Australian government, federal, state or local, charges an online fee for any information on grants and funding.

Flood Recovery Assistance

The State and Federal Governments are providing assistance for businesses and communities affected by the June and July floods. Details are available on the TasAlert website.

General

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Community Infrastructure FundThe fund is to support private sector, not for profit organisations and local councils to bring forward infrastructure projects which would otherwise be delayed or not proceed. There are two divisions of the grants:
Minor grants for $10 000 to $ 50 000 (no matching funding required) and major grants exceeding $ 50 000 (contribution required).
Minor grants 3 Feb 2017

Major grants 31 Mar 2017
Advanced Manufacturing Innovation and Growth Voucher SystemThe program is to support advanced manufacturing enterprises to undertake innovation and growth initiatives. It covers up to a one-third of the project cost with the applicant to contribute at least two-thirds in cash (i.e. not in kind). Minimum grant assistance is $5 000, maximum grant assistance is $10 000.ongoing
Grow with nbn

$150 000 in grant funds is available to organisations across business, community and education categories. Applicants must be already using nbn connectivity and the application must describe how it is driving their growth.

The Grow with nbn™ grants program is delivered by AIIA (Australian Information Industry Association) and nbn.

17 Feb 2017 12noon
26TEN GrantsThe grants support employers and peak bodies to run projects to increase the literacy and numeracy skills of Tasmanian workers.10 Mar 17

No Interest Micro-Business Loan Scheme

The scheme provides small, interest-free loans of up to $3 000 to people on low incomes who want to start their own business or grow an existing one. ongoing
Visiting Patent and Attorney Trade Mark Program

Provides preliminary consultations and advice to prospective clients, in-confidence, without obligation and free-of-charge.        

ongoing

R&D Tax Incentive

The R&D Tax Incentive is a targeted, generous and easy to access entitlement program that helps businesses offset some of the costs of doing R&D.
Only companies are eligible to apply.

ongoing
Enterprise Solution Centre 2016This program connects companies to expertise, technical and/or research advice to provide a solution to a technical challenge which businesses are unable to solve themselves in order to take advantage of a market opportunity. Only companies are eligible to apply.2 Dec 2016

Accelerating Commercialism

Accelerating Commercialisation helps small and medium businesses, entrepreneurs and researchers to commercialise novel products, services and processes. Only companies are eligible to apply.

ongoing

Entrepreneurs' Infrastructure Programme

This programme uses quality facilitators and advisers, drawn from industry, to ensure businesses get the advice and support they need to improve their competitiveness and productivity. Only companies are eligible to apply.

ongoing

Council Grants

Most local councils have year round grant and assistance programs. Check out your council's website to find out what's on offer.        

ongoing

Export

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Tasmanian Freight Equalisation Scheme (TFES)

TFES assists shippers to transport goods by sea, between Tasmania and the Australian mainland, to help reduce freight costs associated with sea transport.        

ongoing

New Market Expansion Program

Assistance is available to eligible Tasmanian-based SMEs with a sales turnover of between $300 000 and $20 000 000, for approved marketing activities related to developing new international and national markets 30 Apr 17

Advanced Manufacturing Marketing Expansion Program

Assistance is available to eligible Tasmanian advanced manufacturing enterprises with a sales turnover in excess of $300 000 up to $20 million, for approved marketing related activities in advanced manufacturing interstate and international markets.        

ongoing

Export Market Development Grants (EMDG)

EMDG reimburses up to 50% of eligible export promotion expenses above $5,000 provided that the total expenses are at least $15,000        

28 Feb 17

Efic Small Business Export Loan

Efic (Export Finance and Insurance Corporation) may help small business exporters access the finance their business needs to support an export contract when their bank is unable to do so.        

ongoing

Tradex Scheme

If your business is importing goods that you intend to directly export or incorporate in other exported goods, you may be eligible for exemptions on customs duty and GST.        

ongoing

Incentives for new employees

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Wage subsidies

Wage subsidies are available to employers who hire eligible job seekers including mature age, long-term unemployed, Indigenous, youth or parents.        

ongoing

Training incentives

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Industry Skills Fund - Growth Stream

Assists industry to invest in training and support services and to develop innovative training solutions.        

ongoing

New Enterprise Incentive Scheme

Job seekers who are interested in running a  new small business may be eligible to participate in the NEIS, which provides accredited small business training. ongoing

Agribusiness  

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AgriGrowth Loan Scheme

The scheme offers low interest loans to Tasmanian farm businesses and agri-food businesses. It will support projects that advance the government's Agrivision 2050 plan.          

30 Sep 18

Dairy Recovery Concessional Loans

The loans are for eligible farm businesses to restructure debt, new debt for operating expenses or productivity enhancement activities, or a combination of these.  

30 Jun 17

Drought Assistance Concessional Loans

The loans are for eligible farm businesses to restructure debt, new debt for operating expenses, drought preparedness activities or drought recovery activities, or a combination of these.

30 Jun 17

Tourism

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West Coast Experience Loan Fund

To support tourism businesses on the stunning West Coast of Tasmania, the RACT, in partnership with the Tasmanian Government, has established a loan fund to provide start-up, interest-free loans to eligible businesses.          

ongoing

Tourism Funding Program          

The 2016/17 Tourism Funding Program is now closed.  The 2017/18 Program will open in March/April 2017. The program is designed to support the delivery of infrastructure projects that contribute to the Tourism 2020 outcomes by driving demand, improving quality and increasing tourism expenditure.  Enquiries about the Program can be submitted by email.

to be advised

Renewable Energy

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Advancing Renewables ProgramThe supports a broad range of projects that have the potential to lower the cost and increase the use of renewable energy technologies in Australia.ongoing
Clean Energy Finance Corporation (CEFC)The Clean Energy Finance Corporation (CEFC) co-finances or co-invests with renewable energy companies in low emissions and energy efficient technologies.ongoing

Events Tasmania  

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Events Tasmania's Grant Program

The program aims to deliver support to events around the state through a variety of grants, Touring grants, Championship grants, Marketing Tasmania grants and one-off assistance grants.          

ongoing

Arts

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Screen Tasmania

Funding and support through loans, grants and equity investments in the development, production and marketing of Tasmanian screen projects.        

ongoing

Arts Tasmania

Offers a wide range of funding programs to individuals and organisations at different times throughout the year        

ongoing

Australia Council for the Arts

The Australia Council for the Arts is the Australian Government's arts funding and advisory body. Each year, they deliver funding for arts organisations and individual artists across the country.        

ongoing

Sports and recreation

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Sports and recreation Tasmania

Clubs, not-for-profit organisations and local government entities can apply for funding to increase opportunities for participation in sport and active recreation in Tasmania.        

ongoing

Above listing of grants and funding sources is put together by Business Tasmania. We make every effort to provide accurate and up-to-date information. The business.gov.au grants and assistance page gives a comprehensive list of government grants.

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