Top Grants and Funding Opportunities for Small Businesses

Running a small business isn't for the faint-hearted. Between rising costs, staffing challenges and keeping customers happy, any extra help is worth chasing. One of the smartest ways to give your business a leg up is through grants and funding programs — and there are plenty out there if you know where to look.

Funding and Grant Availability in Australia

Across Australia, governments and private organisations offer grants that help small businesses start, grow and future-proof their operations. Programs cover everything from digital upgrades and export plans to equipment purchases and staff training.

Here are some tips to support your application:

• Most grants open at fixed times, so keep an eye on application windows.
• Eligibility criteria can vary. However, it's always a good idea to have updated business financials and a clear plan at hand.
• If you've applied and missed out before, try again. Many businesses win on their second or third go.
• Finally, when applying, be clear and direct. Focus on how the funding will help your business and benefit your local community. Stick to the required criteria and keep the language simple.

Grants for Small Businesses

In 2025, several reliable programs will return to support small and medium-sized businesses. Many of these programs run nationwide, and some apply specifically to local businesses in Victoria. They include:

• Innovate to Grow: This free, 10-week program is designed for businesses in early-stage research and those considering implementing new tech. It helps small and medium enterprises develop research and development strategies.
• Digital Jobs Program: Small businesses can welcome a digitally trained candidate for a 12-week internship at a subsidised rate. If you're looking to bring digital skills into your business without the cost of a full-time employee, this program is ideal.
• City of Melbourne Grants: This grant offers businesses, microbusinesses and social enterprises funding for expansion, digital upgrades and new product launches. Your company must be located in Melbourne to be eligible.

  Local councils also chip in with community-driven grants to revitalise retail strips, support events or help businesses invest in marketing. The benefit of applying goes beyond finances alone. Grants can give your business extra exposure, credibility and networking opportunities.

How To Find Grants and Funding for Your Business

Finding grants isn't as hard as it used to be. Tools like Grant'd and Business.gov.au's Grant Finder let you search by industry, business type and region.

You can also sign up for Business Victoria's newsletter and local council updates for early alerts. And if you're looking for ways to get your business finances in order or create a solid business plan to increase your chances of acceptance, get in touch with our experienced team at WMC Accounting.