Grow Your Business Program - Tier 2 Growth

Overview The Department of Trade, Business and Asian Relations (NT) is delivering the Grow Your Business program to support NT businesses to strengthen capability, improve resilience and pursue sustainable growth through access to professional advisory and specialist business services. Tier 2 (Business Growth) is a competitive grant that supports businesses to implement strategic improvements that strengthen performance, increase capacity and position the business for growth. Eligibility To be eligible, applicants must demonstrate they meet all of the following: Be a Territory Enterprise Hold a valid Australian Business Number (ABN) Be a legal entity (for-profit or not-for-profit) Operate an established business that undertakes ongoing commercial activities and derives a substantial proportion of its income from the sale of goods or services, rather than primarily from grants, donations or fundraising activities Be seeking to improve, strengthen, scale or future-proof an existing business, rather than establish and grow a new business Funding An eligible applicant can receive a maximum of $20,000 under this tier Funding is provided on a 50:50 co-contribution basis between the Northern Territory Government and the business Applicants must demonstrate that their activity results in an enduring improvement to the business's capability, knowledge, systems or capacity and aligns with at least one of the following business improvement areas: Planning and Growing Your Business Building your Team and Leadership Growing Your Customers and Markets Strengthening Financial Performance Improving Business Operations Using Technology to Support Growth Building Business Skills and Confidence Protecting Your Business and Managing Risk Enquiries Contact: Grants Delivery and Systems, Department of Trade, Business and Asian Relations (NT) Phone: 1800193111 Email: business.programs@nt.gov.au