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Business Growth Loan Scheme TAS

Australian Government · Australia

This scheme provides concessional loans to Tasmanian businesses to help them develop or expand, or undertake new projects. Loans of between $100,000 and $5 million are available at variable interest rates for terms of up to 5 years.

Funding

$100K – $5M

Deadline

Rolling / Ongoing

Duration

up to 5 years

Location

Tasmania

Who Can Apply

• Hold an active Australian business number (ABN) • Be registered for goods and services tax (GST) • Be located in Tasmania • Be able to service the loan • Have the skills and experience necessary to manage the proposed operation • Demonstrate the loan supports Tasmanian employment • Use Tasmanian labour and materials wherever possible to complete the project
To be eligible, the business must hold an active Australian business number (ABN) and be registered for goods and services tax (GST), be located in Tasmania, be able to service the loan, have the skills and experience necessary to manage the proposed operation, and demonstrate that the loan supports Tasmanian employment and that Tasmanian labour and materials will be used wherever possible to complete the project.

What's Funded

Business development or expansion activities, and new projects that promote growth in the Tasmanian economy.

Expected Outcomes

Business growth in Tasmania, supported employment outcomes, and use of Tasmanian labour and materials wherever possible.

Key Information

Applicant Types

companysole_traderpartnershiptrustother

Stage

growthestablished

Funding Purposes

capital_expenditureemploymentother

Keywords

concessional loanTasmaniabusiness growthbusiness expansionnew projectsemploymentstate funding

Frequently Asked Questions

1

What is the Business Growth Loan Scheme TAS?

The Business Growth Loan Scheme TAS is a business grant offered by Australian Government in Australia, providing $100K – $5M in funding. This scheme provides concessional loans to Tasmanian businesses to help them develop or expand, or undertake new projects. Loans of between $100,000 and $5 million are available at variable interest rates for terms of up to 5 years.
2

How much funding does the Business Growth Loan Scheme TAS provide?

The Business Growth Loan Scheme TAS provides $100K – $5M in funding. The typical project duration is up to 5 years.
3

Who is eligible for the Business Growth Loan Scheme TAS?

  • Hold an active Australian business number (ABN)
  • Be registered for goods and services tax (GST)
  • Be located in Tasmania
  • Be able to service the loan
  • Have the skills and experience necessary to manage the proposed operation
  • Demonstrate the loan supports Tasmanian employment
  • Use Tasmanian labour and materials wherever possible to complete the project
4

When does the Business Growth Loan Scheme TAS close?

Applications close on 18 Dec 2026. This is a rolling program — new rounds may open.
5

What activities are funded?

Business development or expansion activities, and new projects that promote growth in the Tasmanian economy.
6

How do I apply for the Business Growth Loan Scheme TAS?

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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