Deadline: 20 February 2025
The Department of State Growth is inviting applications for its Multicultural Small Business Grant Program to provide funding to Tasmania (TAS) multicultural small businesses to help them grow their business.
This grant program aims to support Tasmania’s multicultural small businesses with grants of up to $5,000 to obtain advice, coaching, training or deliver projects that promote sustainable growth. In order to receive grant funding, applicants will be required to:
- Provide a description of what advice, coaching, training or project will be delivered.
- Provide a description of how the proposed activities will add value to the business.
- Provide an itemised quote from a suitably qualified service provider for the proposed activities.
Funding Information
- One-off grants of between $700 and $5,000 are available under this program.
- If your application is successful, you will be required to provide a cash co-contribution of at least 30 per cent (30%) towards the total cost of your proposed activities (advice, coaching, training, or project).
- You can only apply once but you can apply for funding for more than one activity, to a maximum total grant request of $5,000.
- The total value of your proposed activities must not exceed $10,000, including GST applied by the service provider.
- 100 per cent (100%) of the total amount of your grant request will be paid on approval of the grant application.
- Once you have completed the approved activities, you must acquit your grant by providing them with evidence to prove that you have used the grant for the approved purpose and paid the relevant invoices in full to your service provider.
Grant Usage
- You can apply for a grant of between $700 and $5,000 to obtain business advice or support from a suitably qualified service provider to assist you with any of the following:
- Financial planning – for example, planning, managing and understanding your business’s cash flow.
- Risk management – for example, advice and planning to address cyber security or to prepare for emergency events.
- Business planning – for example, developing or updating a business plan or strategy.
- Marketing activities – for example, developing and delivering a marketing plan, building a new website and/or undertaking upgrades to websites. This can include the creation of content and photography.
- Diversification or innovation planning – for example, developing a plan about how to add a new product range to your business.
- Other activities – for example:
- Training course fees, group workshop fees or conferences tickets (excluding related travel costs).
- Fees associated with IT activities such as installing and upgrading software/licenses, and associated training.
Eligibility Criteria
- Your business must meet all of the following eligibility criteria:
- Be registered for tax purposes in Australia with an Australian Business Number (ABN) at the time of applying for the grant.
- Be a small business with no more than 19 full time equivalent (FTE) employees and be able to demonstrate that the business is currently operating and located in Tasmania.
- You must be an Australian citizen, permanent resident or have the right visa to run a business in Australia and be able to demonstrate you arrived in Australia in the last 10 years.
- Be able to demonstrate the annual business sales turnover from your business was at least $40,000 in the 2022-23 or 2023-24 financial year.
- At the time of applying, you must have the funds available to make the minimum 30 per cent (30%) cash co-contribution towards the total cost of your proposed services (including GST applied by the supplier).
- Be able to undertake the proposed activities within three months of being notified by email from the Department of State Growth (State Growth) of the outcome of the grant application.
- Provide all the required supporting evidence at the time of submitting your application (applications submitted without the required supporting evidence will not be successful).
- The service provider that you will use must be:
- A business that is located and registered for tax purposes in Australia with an active ABN on or before 19 November 2023.
- Easily recognised as a business that regularly provides advice, expertise and services to
- businesses, aligned to those to be funded under this program.
For more information, visit business.gov.au.