Funding for small business

It helps everyone in South Australia when local businesses thrive.

To support small business, the South Australian government makes a range of funding available. This funding can help boost your prospects, invest in new ideas, or hire new staff.

Looking for help getting started? The following opportunities might be right for you.

The Future Industries Accelerator

Have you got an idea that could help solve a problem faced by industry? The Future Industries Accelerator can help you investigate and develop your idea. All work is done in partnership with UniSA’s Future Industries Institute.

For example, SMR Automotive partnered with the Future Industries Institute. They created the world’s first plastic car mirror. The mirror had a performance level not matched by anything else in the world. Your idea doesn’t have to be car-related though – take a look at the range of industries the Future Industries Institute is working across.

Grants worth up to $100,000 are available to research and develop your idea. At the Future Industries Institute at no direct cost, you can also access:

  • equipment
  • laboratory space
  • other research equipment
  • expert advice.

Programs to help you sell your products or win work

The Industry Capability Network

The Industry Capability Network (ICN) South Australia can help you find new work and promote your business. ICN provides an online portal, called the ICN Gateway. You can create a profile on the ICN Gateway. Your profile puts you in the running to win contracts on major projects across Australia.

Major project owners use the portal to search for local companies that are able to contribute to the project. Take a look at the major projects in South Australia that are using the ICN Gateway to find local suppliers.

The Industry Participation Policy and Procurement Reform Strategy 

It’s now a lot easier to win work with the State Government. The Industry Participation Policy means that the State Government must favour local business. The Procurement Reform Strategy helps reduce the paperwork you need to do to be in the running to win work. The Industry Advocate can help you find about more about winning work with the State Government.

Want practical information to help you start a business in South Australia?

Visit the Business.sa.gov.au page to access information about funding and development opportunities, networking events, workshops and seminars, dispute prevention and resolution, emergency action planning, and more. Through the page you can also download free business planning templates and tools.

If you would prefer to speak with someone directly, call the small business infoline on 1300 142 820 between 8am and 8pm.