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.
GRANTAssist offers up-to-date information about State and Australian Government funding.
You can find more information about grants at GRANTAssist.
Money to help you get started
The Small Business Development Fund
The Small Business Development Fund helps small businesses in northern Adelaide. You could be eligible for up to $20,000 to help you establish a new business in northern Adelaide. Money is available to help you grow and create sustainable jobs.
Money to help you develop a new product or idea
The South Australian Early Commercialisation Fund
If you’ve got an idea for a new product or service, money may be available to help you turn your idea into reality. The South Australian Early Commercialisation Fund provides grants to commercialise your intellectual property. You could be eligible for up to $500,000.
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:
- 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.