The $122m Economic Recovery Fund is now open, with Round 1 supporting businesses in the manufacturing and regional tourism sectors.
A total of $20 million is available, with grants on offer from $150,000 up to $1 million, or loans from $1 million to $5 million.
Both grants and loans are limited to up to 30 per cent of the overall project cost.
Successful businesses will need to demonstrate the project will have a wider economic benefit, such as creating ongoing jobs, upskilling an existing workforce, improved productivity, access to new markets or the introduction of new products, services and technologies.
The Regional Tourism funding stream is dedicated to eligible infrastructure projects, examples of which include new accommodation or expansion builds; infrastructure to enhance visitor engagement, including cellar doors; and infrastructure required to develop a new tour offering or experience.
Applications close 15 December 2023.
For more information visit: Economic Recovery Fund | Department of Treasury and Finance