The $50 millionBacking Business in the Bush (BBB) Fund is a dedicated investment program aimed at supporting small to medium enterprises (SME) located in regional Queensland to increase productivity, long-term sustainability and competitiveness.
The fund aims to:
- increase productivity, long term commercial sustainability, and competitiveness of regional Queensland businesses to capitalise on domestic and export growth opportunities
- support businesses and industries to further adapt to economic change with sustained employment and/or upskilling opportunities
- increase private sector investment in regional Queensland to assist projects to be built; and
- assist regional businesses implement technologies and practices to improve their environmental sustainability.
The fund will be delivered through a competitive, single round process that is expected to be open for applications shortly. More information on the eligibility criteria and how to apply will be available at that time.
For established businesses located outside of Queensland considering relocation or expansion into regional Queensland, please take a look at our Invested in Queensland program.
If you would like to be provided with further information when it becomes available, please email us at BBBscheme@treasury.qld.gov.au