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Grants, funding and assistance

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Last updated on October 24, 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

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.


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.        


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.


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.


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.


Business Research and Innovation Initiative (BRII)

BRII offers grants to help SMEs develop innovative solutions to public sector policy and service delivery challenges. You will retain your IP.
Only companies are eligible to apply.
30 Nov 16

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.        




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.        


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.        


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.        


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.        


Incentives for new employees


Wage subsidies

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


Training incentives


Industry Skills Fund - Growth Stream

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


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



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 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.          

31 Oct 16

Drought Concessional Loan Scheme

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.          

31 Oct 16

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.          

31 Oct 16

POMS Recovery Concessional Loan Scheme

The scheme offers low interest loans to oyster growers, nurseries and hatcheries that have been affected by Pacific Oyster Mortality Syndrome (POMS).          

1 Dec 16



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.          


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

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  


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.          



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 funding for arts organisations and individual artists across the country.        


Sports and recreation


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.        


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 grants and assistance page gives a comprehensive list of government grants.

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