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Grants, funding and assistance

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Last updated on July 26, 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.

Below is a listing of grants and funding sources put together by Business Tasmania. We make every effort to provide accurate and up-to-date information. We have also provided links to sites that give a comprehensive list of government grants.

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

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


Flood Recovery Loan Scheme

  • The scheme is offered to primary producers and small businesses, which were directly affected by the June 2016 floods. It will provide loans ranging from $25'000.00 to $200'000 for essential working capital and/or replacement and repair of damaged property, associated improvements and equipment not covered by insurance.
  • Applications close on 16 December 2016.

Disaster Recovery Allowance

  • This allowance is a short term fortnightly payment to assist sole traders, primary producers and employees who can demonstrate their income has been affected as a direct result of the June 2016 floods.
  • Applications close 27 December 2016

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.

Accelerating Commercialism

  • Accelerating Commercialisation helps small and medium businesses, entrepreneurs and researchers to commercialise novel products, services and processes.

No Interest Micro Business Loans

  • Provides small, interest-free loans of up to $3,000 to people on low incomes.

Visiting Patent and Attorney Trade Mark Program, Tasmania

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

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.

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.

Wood and Fibre Processing Innovation Program

  • Grants of up to $100 000 will be made available through the Program to support the development of projects that utilise forest harvesting and timber processing residues and/or agricultural plant residues to create value-added products in Tasmania.
  • Applications close on Friday, 26 August 2016.


Flood Recovery Loan Scheme & Disaster Recovery Allowance - details in Business General section (above)

Transport subsidy for flood-affected primary producers

  • Transporting fodder and/or water to a property, stock to or from agistment, stock to sale or slaughter, and transport and equipment of materials directly associated with primary production, are generally eligible for the subsidy.
  • Applications must be lodged by 6 September.

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.

Dairy Recovery Concessional Loans

  • The loans will assist eligible dairy farmers through the short-term crisis caused by the May 2016 decision of Murray Goulburn and Fonterra to reduce farm gate milk prices.
  • Applications close on 31 October 2016. The loans are non-competitive and will be assessed on a first come, first served basis.

Drought Concessional Loans 

  • The scheme offers low interest loans to drought-affected farm businesses. The loans are available to assist farm businesses manage through and recover from drought and return to viability in the longer term.
  • Applications close on 31 October 2016.

Drought Recovery Concessional Loans 

  • Loans are available to eligible farm businesses in Tasmania for restocking, planting and/or re-financing an existing drought concessional loan. 
  • Applications close on 31 October 2016. The loans are non-competitive and will be assessed on a first come, first served basis.

POMS Recovery Concessional Loans 

  • The scheme offers low interest loans to oyster growers, nurseries and hatcheries that have been affected by Pacific Oyster Mortality Syndrome (POMS). 
  • Applications close on 1 December 2016.

Incentives for new employees


  • Restart can help employers to expand their business and employ workers who are aged 50 or older.

Training incentives

The Industry Skills Fund – Growth Stream

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

New Enterprise Incentive Scheme (NEIS)

  • 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.


Tasmanian Freight Equalisation Scheme

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

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.

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.


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.

Events Tasmania

Grant Program

  • The program aims to deliver support to events around the state through a variety of channels.


Screen Tasmania

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

Arts Tasmania

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

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 over $200 million in funding for arts organisations and individual artists across the country.

Sports and recreation

Sports and recreationTasmania

  • 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.
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