GRANTS

We can help you accelerate specific growth opportunities through our grants programme.


START-UP VS ESTABLISHED

Pacific Business Trust Business Growth Grants – Application Process, Criteria & Supporting Documentation

 

AM I ELIGIBLE?

To be eligible for a Business Growth Grant you need to meet the following criteria:

  • Your business must have been operating for no less than 12 months
  • Your business turnover must not be less than $60,000 per annum
  • You must provide financial statements evidencing turnover for the past 12 months
  • You must demonstrate that the purpose of the grant is to grow your business and not to fund normal operation costs
  • You must provide evidence of the purpose of the grant. For example, if you are utilising the grant for a specific marketing service to develop your customer base then you must provide evidence of this with your grant application
  • You must agree to make a dollar for dollar contribution based on the grant applied for (the amount of which may be up to a maximum $5000)
  • You must agree to provide evidence that your contribution matches the value of the grant

 

WHAT DOCUMENTS DO I NEED TO PROVIDE WITH MY APPLICATION?

  • Completed Grant Application form
  • Financial statements for the most recent financial year or the 12 months immediately preceding the grant application
  • Evidence of your ownership interest in the business, for example:
    • Company extract
    • Share allocation
    • Business registration documentation
    • Strategic or business plan which evidences the purpose of your grant and how that grant will aid in the development of your business
    • Bank statement showing that you have funds available to match the grant contribution
    • Quotations, invoices or other independent documentation evidencing the purpose of the grant
    • Any other evidence you deem relevant to the purpose of your grant application

 

HOW LONG DOES IT TAKE TO PROCESS MY GRANT APPLICATION?

Once we receive your completed grant application form and all supporting documentation/evidence outlining how you satisfy grant criteria your grant application will immediately be provided to the Chief Executive Officer (CEO) of the Pacific Business Trust.

Provided that she finds that you meet grant criteria and you have submitted all of the necessary supporting documentation the grant approval process will not take more than 7 working days.

If your grant application is incomplete, the CEO will request that you provide additional documentation to support your grant application.

If you do not meet the grant criteria the CEO will advise that your application has been unsuccessful and provide a brief outline as to why.

Successful applications will be advised within 7 days of having received a complete grant application package and the Pacific Business Trust will arrange transfer of the value of the grant. You will then be asked to provide evidence of your contribution to the grant.


ESTABLISHED BUSINESSES

 

START-UP BUSINESSES

We are working with key stakeholders to get this right. Watch this space!