The Australian government offers over $5 billion in business grants annually.
There is a great opportunity for businesses to access funds for developing, promoting and exporting products and services.
Grants typically range from $50,000 to $5,000,000. Finding and applying for government grants, however, is time consuming. Most businesses simply cannot afford to spend valuable time and effort trawling through government websites or reading hundreds of pages of program information. Yet a grant may mean the difference between success and failure for many ventures.
Challenges facing business
Many businesses want to know about grants, but find the process too hard. They know they are missing out on grants that can grow their business, but cannot find them.
Above all, they do not want to spend hours trawling through government websites. Often they find out too late. As a result, companies spend their initial capital and then run out of funds. On the other hand, if you prepare early, you can double your current funds or bank loan by applying to the government for matching funds.