Lord Mayor’s Women in Business Grant
The Lord Mayor’s Women in Business Grant 2023 will provide funding to support female business owners to grow and develop their business.
The grant will provide an opportunity for eligible organisations to apply for funding of up to $5,000 (exclusive of GST) to build their business capability or gain professional services that will boost local economic impact.
The grant will open for applications at 9am AEST on Monday 9 October 2023, for four weeks and close at 4pm AEST on Monday 6 November 2023. A total fund of $250,000 is available for this Lord Mayor Grant, with up to $5,000 (exclusive of GST) available per successful application. A limit of one application per business will be accepted.
Women in business are key to the success of the local economy, representing up to 35% of small business owners. This grant will enable the following objectives to be achieved:
- Support women in business to thrive and grow with confidence
- Provide a business community of like-minded experts for networking and collaboration
- Boost the local economy through skill development and local buy
- Eligibility and program requirements
Who can apply? Eligibility Criteria:
To be eligible for this grant, you/your business must have/be:
- An active Australian Business Number (ABN) and be registered in Queensland
- Headquarters/business outlets based in the Brisbane Local Government Area (LGA) and be able to provide rates notice/utility bill/proof of location)
- Australian Resident/Citizen
- You must be a woman in business with a minimum of 50% ownership of the business.
- Applicant must be 18 year of age (proof of ID) at time of application
- Business needs to be operating/trading for 12 months prior to the date of grant opening and demonstrate more than one client
- Not be insolvent or have owners/directors that are an undischarged bankrupt
- Annual turnover between $75,000 and $500,000.
- Must have traded for the full financial year of 2022/23
- One application per business for up to $5000 (exclusive of GST and delivery fees). This is a non-matched funding
- Multiple items for funding will be accepted on the application however, only amounts of up to $5,000 will be granted per applicant (exclusive of GST and delivery fees).
- Must provide original quotes from local Brisbane/QLD businesses Supplier invoices can include GST
- Projects that are funded must commence after the grant is received
- Funding needs to be expended and outcome delivered for acquittal by 30 June 2024.
- Previous recipients of the Lord Mayor’s Women in Business Grant are ineligible for the 2023 grant.
- Completion of grant related surveys provided periodically
- Participation in the 12 month business support program developed for Lord Mayor’s Women in Business grant recipients
Applications will be deemed ineligible if identified as:
Brisbane Economic Development Agency (BEDA) may, in its absolute discretion, make determinations in respect of the eligibility of any applicant including any question of conflict of interest. All such determinations will be final, and no discussion or correspondence will be entered into.
2. What can be funded?
The grant will support women to build their personal capability as a business owner, enabling their business to grow and build a sustainable, strong, local small business economy. Grants will support procurement of professional services, training and education and operationally critical business equipment.
Examples of what can be funded:
- Procurement of professional services for:
- Development of business strategy
- Marketing and brand services
- Ecommerce services
- Financial services
- Compliance and industry regulations relevant to business.
- Training and Education:
- Certification by an RTO/ TAFE
- Professional development on leadership/business strategy
- Financial literacy
- Digital marketing
- Expert training relevant to your business
- Cost of running or attending a convention, expo or business learning event.
- Business equipment:
- Equipment that demonstrates tangible growth for your business, tool or Product that is key in delivering your business outcomes. E.g. Sewing machine for a fashion business, labelling machine for packaging, camera for photographer, etc.
All applicants will be automatically signed up to the Brisbane Business Hub community and provided with networking, education and training upskill opportunities.
The following will NOT be funded:
- Activities deemed “Business as Usual”
- Activities purchased using cryptocurrencies, barter, or services in-kind
- General business operating costs (e.g. bookkeeping/accounting, tax returns)
- Payments relating to real estate/property including for example, hire costs, lease, or rent fees
- Payments for services or fees from related parties (including companies with common shareholdings, directors, employees, or immediate family)
- Franchise fees
- Purchase of stock
- The payment of GST, registration for GST
- Maintenance of existing digital technologies
- The purchase of computer hardware (e.g. computer servers, PCs, tablets/iPad, mobile phones)
- Products and/or services purchased via direct selling (e.g. by party plan or network marketing)
- Fees including delivery fees, credit card fees, transaction fees, membership fees and joining fees
- General office expenses (e.g. printers, phones, computers)
- Salaries of staff of the applicant
- The cost of website hosting.
If the applicant organisation is GST registered, 10% GST will be added to the funding provided as an itemised GST gross-up.
If the applicant organisation is not GST registered, 10% GST will be added to the funding provided, but will not be itemised as GST.
For advice on GST, applicants should contact their tax advisor, or the Australian Taxation Office on 13 24 78 or visit www.ato.gov.au.
3. Assessment criteria and process
Eligible applications will be assessed against demonstrated evidence of how your business will grow revenue, profit, create jobs, and be sustainable because of the grant provided.
The application form will outline key questions to provide this evidence.
- Applications will be assessed as follows: Eligible applications will be assessed against demonstrated evidence of how your business will grow revenue, profit, create jobs, and be sustainable because of the grant provided. The application form will outline key questions to provide this evidence.
- An external panel of business knowledge will be selected based on abilities and expertise. This expert panel will review and make recommendations for funding.
- The grant recipients will be chosen on a determination of merit. Entries will be reviewed in accordance with the responses to the questions on the nomination form.
- In some instances, successful applicants may not receive the full amount of the funding requested. If the proposal cannot proceed without the full amount of funding requested, this should be indicated in the application.
- The external panel will be selected by BEDA based on abilities and expertise.
- The external panel will be required to sign a confidentiality agreement.
- The external panel may, in its sole discretion, request further information from entrants at any time as part of the judging process.
- The external panel’s decision is final, and no discussion or correspondence will be entered into.
To apply for the Grant, entrants must:
Create a profile via the application portal available at https://brisbane.grantplatform.com/; and fully and correctly complete an official application form (in accordance with the instructions on the relevant application form), and submit the application form online.
Entries for the Grants will open on Monday 9 October 2023 and close at 4:00pm AEST on Monday 6 November 2023.
Brisbane EDA may in its sole discretion determine whether an entry has been received within the time period noted above.
Applicants may only enter their business once.
Once an applicant has submitted an application through Grantplatform.com the applicant will receive an email confirming receipt of the application.
The submitted application will be kept confidential and the contents will not be disclosed to any person outside the application and assessment process.
Successful applicants will receive a letter of confirmation outlining the process to obtain funding.
Feedback will not be given to unsuccessful applicants.
A completed acquittal report is due by 30 June 2024. The acquittal report will need to explain the outcomes of the project and how the funds were spent. It demonstrates that funding has been used for the purpose for which it was provided, including a report of financial transactions and whether the project achieved its intended objectives.
Successful applicants will receive an acquittal form in April 2024 for submission by 30 June 2024.
5. Terms and conditions
This Glossary contains a number of terms and phrases applicants may need to be familiar with when planning an application.
The acquittal report is a report that accurately reports on the funded activities and the expenditure of Council’s funding and includes details on how the funding was spent, the activities undertaken and the outcomes of the funded activities. Council will provide a template for the organisation to complete.
Eligible means that the applicant or project satisfies the conditions for funding.
GST stands for goods and services tax payable pursuant to the GST Laws. If an applicant or auspice not-for-profit organisation is GST registered, 10% GST will be added to the funding as an itemised GST gross-up. If an applicant or auspice not-for-profit organisation is not GST registered, the 10% GST will be added to the funding, but not itemised as GST.
GST Laws mean the GST law (as defined by A New Tax System (Goods and Services Tax) Act 1999 (Cth)) together with all other laws and regulations which impose or regulate the implementation and operation of the GST.
Notification date means the date of notification of the application outcome.
Not-for-profit organisation is the term applied to organisations where the constitution states that any profits or surpluses must be used to further the objectives of the organisation rather than benefit an individual or group of individuals.