Aboriginal Economic Development and Business Growth Program FAQs

This page contains frequently asked questions about the Aboriginal Economic Development and Business Growth Program.

Does my application have to include the purchase of equipment and/or assets?

Yes. As per the Program Guidelines, all applications must have an element of purchasing equipment and assets (Category A) to be eligible for funding. There is no minimum or maximum for this element of the funding request.

Does my application have to include an element of business mentoring or coaching?

Yes. As per the Program Guidelines, all applications must have an element of business coaching and mentoring (Category B) to be eligible for funding. There is no minimum or maximum for this element of the funding request.

Can I apply for more than one project?

No. A maximum of one application can be submitted per applicant and can include a combination of the eligible project types.

When will my application be assessed?

Applications will be assessed in the order they have been received and approvals will occur until the available funding has been exhausted. Successful applicants will be notified confidentially from 4 November 2024 or as soon as possible after a decision has been made.

Are staff wages eligible under the fund?

Applicants can apply for up to 15 % of the requested funding for project management and administration costs. Staff wages outside of the project management and administration costs are ineligible, as these costs would be deemed business as usual activities and operations.

How long do I have to deliver the project?

Projects must be completed within 18 months from the date a Funding Deed has been executed.