Grants, funding and assistance

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Last updated on July 20, 2018

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.

General

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Small Business Recovery Grant - May 2018 extreme weather eventThe grant aims to help small businesses directly impacted by the May 2018 Southern Tasmania Extreme Weather Event continue or recommence trading as soon as possible.15 Aug 18

Accelerating Commercialism

Accelerating Commercialisation helps small and medium businesses, entrepreneurs and researchers to commercialise novel products, services and processes. Only companies are eligible to applyongoing
Advanced Manufacturing Innovation and Growth Voucher SystemThe program is to support advanced manufacturing enterprises to undertake innovation and growth initiatives. It covers up to half of the project cost with the applicant to contribute the other half in cash (i.e. not in kind). Minimum grant assistance is $5 000, maximum grant assistance is $15 000.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.

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CSIRO Kick-Start ProgramEligible businesses may get access to dollar-matched funding of $10,000-$50,000 to undertake research activities with CSIRO.ongoing

Entrepreneurs 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.

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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

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 applyongoing
Tasmanian Energy Efficiency Loan SchemeA joint initiative of the Tasmanian Government and Aurora Energy to assist our Tasmanian community with the purchase of energy efficient products30 Apr 19
Visiting Trade Mark and Patent AttorneysProvides preliminary consultations and advice to prospective clients, in-confidence, without obligation and free-of-charge.ongoing

Export

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Advanced Manufacturing Marketing Expansion Program

Assistance is available to eligible Tasmanian advanced manufacturing enterprises with a sales turnover in excess of $150 000 up to $20 million, for approved marketing related activities in advanced manufacturing interstate and international markets.

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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.

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Export Market Development GrantsThe scheme reimburses up to 50 per cent of eligible export promotion expenses above $5,000 (provided that the total expenses are at least $15,000) and provides up to eight grants to each eligible applicant.ongoing

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

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.

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Wine Export GrantWine businesses exporting to China, Hong Kong, Macau and/or the USA can now apply for up to AU$25,000 in Australian Government funding for 50 % of eligible export promotion activities.1 May 20

Incentives for new employees

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Payroll tax rebate scheme for employing apprentices, trainees
and youth employees
If you are a large company that pays payroll tax you may apply for a rebate if you employ an eligible apprentice, a trainee or a youth employee from 1 July 2017.30 Jun 19

Small business grant for employing apprentices and trainees

Small businesses can claim up to $4 000 for employing eligible apprentices and trainees from 1 July 2017. 30 Jun 19  

Wage subsidies

Wage subsidies are available to employers who hire eligible job seekers including mature age, long-term unemployed, Indigenous, youth or parentsongoing
Youth Jobs PaTH Youth Jobs PaTH is a new, flexible program designed to prepare young people for work.
It also encourages employers to trial a young person for a job by offering interns and financial incentives to reduce the cost of recruitment.
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Training incentives

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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
incorporating the Young Farmers Support Package

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.

ongoing
Farm investment loansYou can apply for this loan to strengthen your farm business, take steps to access markets interstate or outside Australia and prepare for, manage through or recover from drought.ongoing
Drought loans The loan will assist farm business owners in eligible areas to prepare for, manage through and recover from drought. ongoing
On-farm Energy and Irrigation Audit ProgramSubsidies to assist farmers engage a qualified professional to review their farm energy use and infrastructure and systems, and to identify savings strategies.ongoing

Tourism

Heritage Places Renewal Loan Scheme (HPRLS)Loans are available for refurbishing a property that facilitates tourism and business development opportunities, essential heritage conservation projects, developing a business or adapting a property to support a new business initiative that will grow the visitor economy.1 Jun 20
Tourism Accommodation Refurbishment Loan Scheme (TARLS)TARLS will provide low interest loans for tourism operators to lift the standard of their product or services.30 Jun 19

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.

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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.

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Arts

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Arts Tasmania

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

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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.

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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.

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Renewable Energy

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Advancing Renewables Program. The program 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

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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