ClosedBusinessRound 1 2024

Aboriginal Business Development Program

Department of Trade, Business and Asian Relations · Australia

The Aboriginal Business Development Program supports the start-up and development of Northern Territory Aboriginal businesses, particularly those addressing community needs. Funding can be used for business assets, professional advisory services, and training for owners and staff.

Official Grant Page

Funding

Up to $30K

Closed

31 July 2024

Duration

once every 3 years

Location

Northern Territory

Who Can Apply

Must be an NT Aboriginal Business Enterprise and Territory Enterprise Annual turnover must be less than $10 million and ABN active for at least 3 months Must have active GrantsNT individual and organisation profiles Ineligible if recently funded under this program, insolvent, or with outstanding grant obligations
Applicants must meet the Northern Territory Government definition of an Aboriginal Business Enterprise and a Territory Enterprise, have annual turnover of less than $10 million, hold a valid Australian Business Number for at least 3 months, and have an active GrantsNT organisation and individual profile. Applicants may be ineligible if they operate as a casual, hobby or temporary business, have outstanding Northern Territory Government grant acquittals or unmet obligations from previous grants, are insolvent or have an undischarged bankruptcy, or have received funding from this program in the last 36 months.

What's Funded

Funding can be used to purchase business assets, obtain professional advisory services and support, and undertake accredited or non-accredited training for business owners and staff.

Expected Outcomes

Expected outcomes include growth and sustainability of Aboriginal businesses, increased numbers of Aboriginal owned and operated businesses, improved knowledge and skills of business owners and employees, and new employment and economic opportunities for Aboriginal people.

Key Information

Applicant Types

companysole_traderpartnershiptrustindigenous_organisationother

Stage

early_stagegrowth

Funding Purposes

innovationemploymenttrainingcapital_expenditurecommunityother

Keywords

Aboriginal businessNorthern Territorybusiness developmentIndigenous enterprisetrainingprofessional advisory servicesbusiness assetsemployment

Frequently Asked Questions

What is the Aboriginal Business Development Program?

The Aboriginal Business Development Program is a business grant offered by Department of Trade, Business and Asian Relations in Australia, providing Up to $30K in funding. The Aboriginal Business Development Program supports the start-up and development of Northern Territory Aboriginal businesses, particularly those addressing community needs. Funding can be used for business assets, professional advisory services, and training for owners and staff.

How much funding does the Aboriginal Business Development Program provide?

The Aboriginal Business Development Program provides Up to $30K in funding. The typical project duration is once every 3 years.

Who is eligible for the Aboriginal Business Development Program?

Must be an NT Aboriginal Business Enterprise and Territory Enterprise Annual turnover must be less than $10 million and ABN active for at least 3 months Must have active GrantsNT individual and organisation profiles Ineligible if recently funded under this program, insolvent, or with outstanding grant obligations

When does the Aboriginal Business Development Program close?

Applications closed on 31 July 2024.

What activities are funded?

Funding can be used to purchase business assets, obtain professional advisory services and support, and undertake accredited or non-accredited training for business owners and staff.

How do I apply for the Aboriginal Business Development Program?

Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.

Need help applying?

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