Business Development Fund
If you are a Queensland business at the forefront of commercialising an innovative idea, product or service - this funding option may be for you!
What do you get?
Between $125,000 and $2.5 million in funding which will be provided to match the investment of a co-investor from the private sector.
Who are co-investors?
A co-investor may be an individual investor, an angel investor, an investment business including a venture capital fund, or a syndicate of investors, who will play a pivotal role in the business, and is expected to undertake appropriate levels of due diligence on the candidate business prior to lodging an application.
Timing:
Ongoing.
✏️ Luna Note: This grant is quite specific for businesses based in Queensland and provides little flexibility to those who are eligible. Any startup or early stage company that is in talks with a co-investor that fits the criteria should be looking at this grant ASAP.