Grants for startups
The Innovation Connect Grants (ICON), facilitated by the Canberra Innovation Network, is a program supporting the thriving startup culture in Canberra and empowering entrepreneurs to develop and grow their ideas. Grants usually range between $10,000 and $30,000.
Grants for innovation
Also facilitated by the Canberra Innovation Network and offering funding of $10,000 to $30,000 is the Boosting Innovation Grant. Set up in response to COVID-19, the grant uses its funding to support existing startups and innovative businesses in the ACT to help kick-start the economic recovery of the capital state.
Grants for sustainable businesses
To encourage action on climate change at a grassroots level, the ACT Government offers a range of grants for environment projects working to enhance sustainability, to promote biodiversity and to reduce greenhouse gas emissions.
Among them is the Community Zero Emissions Grants Program, which uses its funding to support the ACT’s transition to net zero emissions by 2045.
Grants for industries affected by COVID-19
Since the start of the COVID-19 pandemic, the ACT Government has provided continued financial assistance in the form of grants and packages for affected businesses across industries including construction, tourism and hospitality, rideshares and taxis, commercial property and community clubs.
More information can be found on the ACT Government COVID-19 grants website.
Business grants in the ACT are designed to help local businesses and the economy thrive, so don’t be afraid to put your venture forward should you be on the lookout for additional funding and support. Just make sure to review the entry guidelines and eligibility requirements to give yourself the best chance of success.
You can keep up to date with government grants in the ACT here.