The Queensland Government is making grants of up to $5000.00 available to home-based entrepreneurs in what is the first program of its kind in Australia.
Under the Queensland entrepreneurs of Tomorrow Home Based Business Program funding will be available to stay-at-home-parents seeking to establish or develop home based businesses.
The Government has committed $1 Million over three years to support this program with funding of up to $5000.00 provided to successful applicants.
Peace & Katy of AusMumpreneur have been a key partner in initiating this landmark grant program for Queensland and were excited to hear that this generous package had been officially confirmed at the Queensland budget briefing in Brisbane.
“We’re so delighted to see Queensland take the initiative to invest in home-based business. Mumpreneurs are generating millions of dollars for the Australian economy and are nimble and resourceful, able to get unique business ideas off the ground quickly. They’re leading the way in digital innovation, imagine what’s possible with a little extra support to get things moving.” Katy said.
Funding of up to $5,000 (excluding GST) will be provided in two stages:
- Stage one: Grants of up to $2,500 will be provided to stay-at-home parents to hire a professional consultant to develop a business action plan for their home-based business.
- (AusMumpreneur is partnering with professional consultants to help grant recipients develop their action plan and can help you with this process and will send more details to those who have expressed interest)
- Stage two: Dollar for dollar funding of up to $2,500 will be provided to successful stage one recipients to improve or establish business as detailed in the business action plan developed in stage one.
Grant payments will be paid directly to the consultant or service provider on successful completion of the project.
Applications open 24 August 2015. Application forms and guidelines will be provided at this time. (AusMumpreneur can assist you with grant writing)
To be eligible, applicants must:
- have a Queensland-based business
- meet the definition of a home-based business
- have at least one child under 12 in their care for at least 50% of the time
- have an Australian Business Number (ABN).
Further information about the full eligibility criteria will be included in the application guidelines.
The next intake will open soon and we’re encouraging applicants to get in quick as a limited number of grants will be available in the first round. If you’re interested in applying for this grant or finding out more please add your details here and we will be in touch with more information.