Funding and Grants

Grant Categories

Displaying grants in Business Growth

Small Business Grant

Funding body: NSW Government

Start date: 01/07/2015

Closing date: 01/07/2019


The Small Business Grant is a key priority of the New South Wales Government.

The grant is designed to encourage the nearly 650,000 small businesses in New South Wales that do not pay payroll tax to hire new employees and expand their business.

The grant amount is $2,000 payable per full time equivalent position as at the anniversary date.

Find out more and apply

Minimum Viable Product NSW

Funding body: NSW Government


Minimum Viable Product (MVP) grants support promising pre-revenue startups to progress from proof of concept to a minimum viable product stage. The grants can help startups to engage with a potential business customer or channel to market and create innovative solutions that address industry needs or market gaps.

Grants of up to $25,000 is available to cover up to 50% of approved project costs.

Find out more and apply

Business Growth Grants

Funding body: Australian Federal Government


Provides businesses with matched funding of up to $20,000 for the cost of hiring an expert to help with implementing the advice and strategies recommended through the Business Evaluation, Growth Services, Supply Chain Facilitation or Tourism Partnerships programmes.

Find out more and apply

Australian Apprenticeships Incentives Programme

Funding body: Australian Federal Government


The Australian Apprenticeships Incentives Programme provides:

  • a range of financial incentives to Australian employers to offer apprenticeship opportunities
  • a living away from home allowance (LAFHA) to apprentices who need to move away from their parent’s home to take up or retain an Australian apprenticeship.

The incentive payments are based on a skills shortage list of trades as well as a set of high priority occupations.

The incentive payments to employers are based on the apprenticeship certificate level completed. The majority of incentive payments are one-off and paid annually at the end of the year. Payments range from $750 to $4,000, depending on the incentive. Payments to offer apprenticeship opportunities to apprentices with a disability are paid weekly.

The Living Away From Home Allowance (LAFHA) is a weekly payment to the apprentice that starts at $77.17 each week in the first year of the apprenticeship and reduces to $25 each week in the third year.

Free advice and support is available to both employers and apprentices through the Australian Apprenticeship Support Network Providers.

Find out more and apply

Apprentices and Trainees Payroll Tax Rebate NSW

Funding body: NSW Government


A payroll tax rebate is available for employers in NSW who employ apprentices and new entrant trainees.

The rebate works as a payroll tax offset based on the wages you’ve paid to apprentices and new entrant trainees. The rebate can be claimed monthly or annually as part of the monthly returns and annual reconciliation.

Find out more and apply

Emerging Businesses – Various Funding Opportunities

Funding body: NSW Government - Jobs for NSW


Emerging and fast-growth small to medium enterprises (SMEs) that have strong growth are the powerhouses of the NSW economy. While many new businesses start up each year in NSW, relatively few scale up to become key economic players. This is why we’re creating an ecosystem where high-potential SMEs can get the support and funding they need to reach their potential.

Accelerating Growth Loans are direct loans from Jobs for NSW for emerging fast-growth SMEs that are scaling quickly and creating jobs in NSW, but face barriers in accessing finance from traditional lenders.

Funding available

Direct loans ranging from $200,000 to $500,000 are available to eligible businesses at a fixed interest rate of 9.2% for the term of the loan.

Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.

Regional Growth Loans are direct, interest-free loans for emerging and fast-growth SMEs in regional NSW that are scaling quickly and creating jobs, but face barriers in accessing finance from traditional lenders.

Regional Growth Loans are for businesses who are creating jobs specifically in areas outside of Sydney, Newcastle and Wollongong.

Funding available

Direct loans ranging from $200,000 to $500,000 are available to businesses with no interest payable. Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.

Strategic Growth Loans are flexible, direct loans for emerging and fast-growth SMEs that are scaling quickly and creating jobs, but face barriers in accessing finance from traditional lenders.

Funding available

Direct loans ranging from over $500,000 to $1,200,000 are available to businesses with flexibility in payment terms including the flexibility of multiple advances.

Loans are offered over a term of four (4) years and at an interest rate of 9.2%. Jobs for NSW does not require the loan to be secured by personal assets such as residential property. As part of the standard terms and conditions, Jobs for NSW will place a general security over the current and future assets of the business.

Loan Guarantees are offered in partnership with an Australian authorised financial institution. Jobs for NSW will act as a Guarantor for up to 50% of the loan (up to $5 million of the loan amount), for businesses who are unable to access the full quantum needed to enable business expansion.

Businesses must have revenue of $3 million or more to apply, and can be located in both regional and metropolitan NSW.

 

Find out more and apply

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