Ongoing

Performance Bonds

Funding

Varies

Region

Commonwealth

Overview

Performance Bonds provide security to help Aboriginal and Torres Strait Islander owned businesses fulfil contracts. Indigenous Business Australia (IBA) can either issue bonds directly to buyers or provide cash security to banks who will issue the bonds, including performance bonds and warranty bonds.

Eligibility Requirements

Businesses must be 50% Indigenous owned and controlled, have a track record of profitability and successful completion of similar projects, be incorporated or a partnership/joint venture between incorporated entities, demonstrate capable management including contract management, and have an adequate credit history.

Who Can Apply

IndigenousSme

Relevant Industries

IndigenousEconomic 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

Open·Commonwealth·Up to $150,000

Start-Up Finance Package

The Start-up Finance Package provides Aboriginal and Torres Strait Islander start-ups with access to loans up to $150,000 to help new businesses get off the ground. The package includes up to 30% of the loan as a non-repayable grant for purchasing business assets, flexible repayment options over 7 years, and minimal security requirements.

Open·Commonwealth·Up to $100,000

Aboriginal and Local Business Participation in Recovery Program WA

This program provides funding to Aboriginal-owned small businesses to help them recover from the impacts of flooding associated with Ex-Tropical Cyclone Ellie in the Fitzroy Valley from 28 December 2022 onwards. Funding includes services and training grants up to $25,000 for non-capital costs, and equipment and asset grants up to $100,000 for specialist assets or items to undertake recovery works.

Ongoing·Commonwealth

Aboriginal Business Directory WA

A directory that provides listing and visibility for Aboriginal businesses to State Government and private organisations seeking contracting opportunities. The directory supports sustainability and growth of Aboriginal businesses by developing procurement networks and enhancing opportunities to secure business and contracts.