Support to grow Capricorn Coast

CAPRICORN Coast businesses are encouraged to apply for grants of up to $50,000 as part of the Queensland Government's Business Growth Fund.

The new $2.3 million business fund means small and medium sized businesses could be eligible to apply for the grants aimed at helping Queensland companies create jobs.

Deputy mayor Nigel Hutton encouraged local businesses to take advantage of the initiative.

"Small business is the engine room of our local economy and it's important we collectively take every opportunity to strengthen and grow our region with the positive flow-on effect for businesses, families and young people across our community,” Cr Hutton said.

"This funding program targets assistance so that businesses can purchase specialised equipment or access professional advice to help their business grow.

"Running a business involves taking risks when trying to expand or develop and the Business Growth Fund's objective is to help make these transitions easier with expert advice and support.”

Applications open on March 28 and applicants will go through a two-stage assessment, including a Shark Tank-style pitch in which they'll put their plans to a panel of business experts.

For more details, visit www.business.qld .gov.au/growthfund.



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