Read the Program Guidelines and Frequently Asked Questions (FAQs) before you begin
The Program Guidelines and Frequently Asked Questions (FAQs) can be downloaded here.
Applications without the required supporting or incorrect documentation will be assessed as ineligible and not provided an opportunity to update their application.
Introduction
The Enabling Business Grant Program (the Program) is the second round of the Small Business Growth Strategy Grant Program, and aims to support Tasmanian small businesses to grow, adapt and innovate by providing grants for capital purchases that align with Stream three (Enabling business) and Stream four (Technology) of the Small Business Growth Strategy 2026.
What is a Capital Purchase?
Capital purchases are defined as business assets (also known as plant and equipment) such as machinery, electronic payment terminals, and computers. Capital purchases do not include items that are considered normal running expenses such as stationery and repairs, and equipment rentals or leases. Refer to section 8 in the Program Guidelines for more details about eligible grant expenditure.
About the funding
- Applicants can only apply once but can apply for funding for multiple purchases, to a maximum total request of between $2,500 and $10,000 (including supplier added GST).
- Applicants must have their own funding available to make the minimum 30 per cent (30%) cash co-contribution towards the total capital purchase cost.
- The total value of the proposed purchase/s must not exceed $50,000 (including supplier added GST).
- 80 per cent (80%) of the total amount of the grant request will be paid on approval of the grant application.
- The remaining 20 per cent (20%) will be paid on submission and acceptance of a satisfactory acquittal of the grant expenditure.
The Department of State Growth (State Growth) may contact you for additional information about your application and verify the information you have provided.
Information supplied by applicants may be subject to authenticity checks using third party software.
The Program closes at 2:00pm on Tuesday, 10 December 2024 or when the available funds are allocated, whichever occurs first.
The assessment process will be completed as quickly as possible. Please allow up to four weeks to be notified of the outcome of your application. Applications will be assessed in order of receipt.
If you have any further questions about this Program, contact Business Tasmania prior to the Program closing date and time.
Phone: 1800 440 026 (9:00am to 5:00pm, Monday to Friday)
Email: ask@business.tas.gov.au