Grants, funding and assistance

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Last updated on November 4, 2019

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 publicly 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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26TEN Grant for Employers

This grant supports employers and peak bodies to run projects to increase the literacy and numeracy skills of Tasmanian workers (paid and voluntary). Projects can include improving all aspects of workplace  communication.

28 Feb 20

Accelerating Commercialisation

Accelerating Commercialisation helps small and medium businesses, entrepreneurs and researchers to commercialise novel products, services and processes. Only companies are eligible to apply ongoing
Advanced Manufacturing Innovation and Growth Voucher System The 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 Program Eligible businesses may get access to dollar-matched funding of $10,000-$50,000 to undertake research activities with CSIRO. ongoing
Cyber Security Small Business Program This program provides a grant of up to $2,100 for a certified small business cyber security health check to determine business risk and areas that need attention. 30 Jun 20

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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Forestry Contractor Resilience Program (FCRP)

This program provides Tasmania’s forestry contractors the opportunity to work with specialists on business planning, coaching and identifying future opportunities to diversify and build business stability and resilience. Contractors may also be eligible for up to $15,000 to deliver agreed business improvements.

31 Jul 20
Investment Taskforce (Northern Tasmania)

The taskforce's role is to assist business expansion or new projects that can’t access finance from traditional sources to find alternative financing options.

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Many Rivers MicrofinanceMany Rivers works with Australians who want to start or grow a small or micro business. They offer business support by way of micro-business loans, record-keeping kits, legal advice and a range of useful tools for planning and running a business.ongoing

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 apply ongoing
Sovereign Industrial Capability Priority Grants The grants help Australian SMEs to invest in projects that build capabilities aligned with Defence's stated Sovereign Industrial Capability Priorities. Only companies are eligible to apply. 30 Jun 22  
Visiting Trade Mark and Patent Attorneys Provides preliminary consultations and advice to prospective clients, in-confidence, without obligation and free-of-charge. ongoing

Export

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Accelerating Trade Grant ProgramFunding is available on a co-contribution basis for up to $10,000 for a range of market development activities in domestic and international markets. 30 Jun 20
Defence Global Competitiveness Grant Defence-related businesses may be eligible for a grant to invest in projects that overcome barriers to accessing export opportunities. Only companies are eligible to apply ongoing

Export Finance Australia Small Business Export Loan

Export Finance Australia 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 Grants The 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.

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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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Employment Incentives

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Apprentice and Trainee Training Fund (User Choice)

This annual grants program provides subsidies to endorsed registered training organisations (RTOs) to help cover the cost of providing quality training and assessment services for nationally-recognised qualifications to Tasmanian apprentices and trainees.

31 Dec 19
Payroll tax rebate scheme for apprentices and traineesIf you are a large company in the Building and Construction, Tourism, Hospitality or manufacturing industry that pays payroll tax you may apply for a rebate if you employ an eligible apprentice or trainee.30 Jun 21
Regional Employment Trials This is an Australian Government initiative to identify and co-fund new projects to help people experiencing barriers to employment.  A grant pool of $1 million has been allocated specifically to North and North-West Tasmania ongoing
Targeted Apprentice and Trainee Grant for Small Business program Employers in the Building and Construction, Tourism, Hospitality and Manufacturing industries may be eligible for a subsidy of up to $5000 per new apprentice or trainee from 23 May 2018 onwards. ongoing

Wage subsidies

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

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Farm investment loans You 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
DairyTas Small Project Grants Program DairyTas invites applications that encourage dairy industry groups to plan, carry out and promote their own on-farm demonstration or extension project to improve the performance and profitability of dairy farms in their locality. Projects are eligible for grants of up to $10,000. ongoing
Drought loans The loan will assist farm business owners in eligible areas to prepare for, manage through and recover from drought. ongoing
Landcare Action Grants ProgramThe program funds practical on-ground works for sustainable agriculture and Rivercare type activities. 30 Jun 22
Quad Bike Safety Rebate SchemeThis scheme offers a cash-back rebate of up to 50% of the purchase price for an approved operator/rollover/crush protection device.30 Jun 20

Tourism

Regional Tourism Attraction Loan SchemeDeveloped to promote tourism supply-side activity in regional Tasmania. Loans of up to $1 million are available to eligible businesses for projects that will develop regional tourist attractions and help grow regional tourism in Tasmania.to be advised
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. to be advised

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.

ongoing
Screen Tasmania

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

ongoing

Energy Efficiency and Renewable Energy

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Australian Renewable Energy Agency (ARENA)

From research to large-scale deployment, ARENA funding spans the entire innovation chain. We accelerate the affordability of new technologies and build investor confidence in renewable energy projects now and into the future.

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
Power$mart Businesses This program will co-fund energy efficiency audits for priority business types such as commercial office spaces, retail tenancies and accommodation, and independent supermarkets. Jun 20

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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