Hi folks,
Wondering if you are had recieved any Gov. grants, supports etc. to start or grow your business that you can share. This is not Covid specific (as they are quite well known these days and are temporary) but rather in general. Yes, there are articles available on Google but I thought to check if I could get some advice based on first hand experiences, will be beneficial for all.
I will start the thread with the grants/support that I had received for my startup (have to say they were not that well known and I had to dig a bit)
Export Market Development Grant : For my export product I spent quite a bit of money in marketing and advertising it outside Australia. I applied for this grant and received it. Quite generous in my view i.e. (when I received a few years ago) Austrade would reimburse 50% of all the marketing expenses spent outside Australia (includes Google/FB ads) after you have spent $5k from your own pocket. So if you have spent say $20k then they would reimburse you about $7.5k ($20k - $5k = $15k / 2). https://www.austrade.gov.au/australian/export/export-grants
NSW: Business Connect Advisory Service: You get free 4 hours of professional business consulting (paid by NSW) and then a discounted rate of $25/hr for further business advisory services. Good to get your org structure, business plans etc sorted. https://www.business.nsw.gov.au/support-for-business/busines….
QLD: $5,000 Education Grant for GST Registered ABN Holders: I didn't use this but found on Ozbargain while searching for what had already been posted here https://www.ozbargain.com.au/node/625094
CSIRO Kick Start $10k - $50k
Accelerating Commercialisation $1m of matched project funding
There are heaps more but are state limited or industry limited.
Not from Government but most universities offer $5k - $25k of startup funding.
Not from Government but list of "easy" to get into VC:
* Black Bird VC
* Air Tree
* Square Peg
On Average 5% share for around $40-50K depending on your business.