Open

Business Growth Loan Scheme

Funding

$100,000 - $5,000,000

Region

TAS

Closing Date

18 December 2026

View Official Page

Overview

The $60 million Business Growth Loan Scheme provides loans to assist eligible Tasmanian businesses to develop, expand or undertake new projects that promote growth in the Tasmanian economy and align with the Tasmanian Government's strategic objectives.

Eligibility Requirements

Eligible Tasmanian businesses seeking to develop, expand or undertake new projects that promote growth in the Tasmanian economy and align with the Tasmanian Government's strategic objectives.

Who Can Apply

SmeRegional

Relevant Industries

Economic DevelopmentRegional Development

How to Apply

Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.

Visit the official application page

Disclaimer: Grant information is sourced from official government websites and updated regularly. Always verify current eligibility and deadlines on the official program page before applying.

Related Grants

Ongoing·TAS·Up to $3,000

No Interest Micro-Business Loan Scheme (NILS)

The No Interest Loan Scheme helps low-income Tasmanians get affordable loans to start a new business or help grow an existing business. NILS loans are not subject to any credit checks, and have no fees, charges or interest. Eligible businesses can apply for loans of up to $3,000 to help with start-up costs, insurance, registration costs, or equipment purchases.

Ongoing·TAS·Up to $10,000

Wage Subsidies

Financial incentives for businesses to hire new staff. Businesses may be eligible for wage subsidies of up to $10,000 when hiring eligible individuals into ongoing positions. The subsidies are available through approved employment services providers including Workforce Australia, Transition to Work, Parent Pathways, and Inclusive Employment Australia.

Ongoing·TAS·Up to $15,000

Real Jobs, Real Wages program

An Australian Government initiative that helps employers grow and diversify their workforce by supporting them to hire jobseekers who have been engaged with employment services for over two years. Eligible employers can access up to $15,000 in financial incentives, delivered through a wage subsidy (up to $10,000 over six months) and a secure-work payment (up to $5,000 after one year of permanent employment).