We totally get it, starting a business from scratch is not easy. The time, money and sacrifice is usually underestimated and accessing the funding to accelerate your business idea can be tedious work. Last month we shared a compilation of Employing and Training Initiatives and Importing and Exporting Grants. This month we’ve uncovered five start-up grants worthy of your attention.
Austrade Landing Pad
The Landing Pads program provides market-ready startups with the potential for rapid growth, the opportunity to land and expand in global innovation hubs. You’ll have access to a co-working space residency, connections with investors, mentor networks and strategic partners, Australian entrepreneur community support and business growth advice.
Eligibility requirements and deadline applies. Read more.
Entrepreneur’s Programme
After a comprehensive business evaluation, the program will offer recipients practical support to enhance business competitiveness and productivity. This includes advice from people with relevant private sector experience; co-funded grants to commercialise new products, processes and services; funding to take advantage of growth prospects; connection and collaboration opportunities.
Eligibility requirements and deadlines may apply. Read more.
Research and Development Tax Incentive (R&D)
The R&D Tax Incentive provides a tax benefit to companies to help offset some of the cost of conducting eligible research and development activities. The R&D Tax Incentive is a self-assessment programme. This means that you are responsible for assessing whether your company and the R&D you are conducting meet the eligibility requirements of the programme. These requirements are determined by legislation.
You must apply to register your R&D and deadlines apply. Read more.
Venture Capital Limited Partnerships (VCLP)
Provides venture capital limited partnerships (VCLPs) with a flow-through tax incentive (exemption from capital gains tax for gains made on eligible investments) for foreign investors to stimulate Australia’s venture capital sector by attracting foreign investors.
Eligibility requirements and deadline applies. Read more.
Export Market Development Grant (EDMG)
This scheme is a key Australian Government financial assistance program for aspiring and current exporters. Administered by Austrade, the scheme supports a wide range of industries.
Eligibility requirements and deadline applies. Read more.
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