New Grow Your Business grant now open for Territory businesses

Published

The launch of the new Grow Your Business program is making it easier for Territory businesses to access support, with a more flexible, tiered model.

Territory businesses can now access funding on a 50:50 co-contribution basis to engage professional advisory and specialist services through 3 funding tiers:

  • Tier 1: up to $5,000 for advisory activities and specific capability gaps.
  • Tier 2: between $5,001 and $20,000 for structured business improvements or growth activities.
  • Tier 3: between $20,001 and $50,000, a competitive round for complex projects supporting transformation, scaling or strategic opportunities.

The application process for lower tiers has been simplified so businesses can access support quickly and the requirement to use an approved list of service providers has been removed, giving businesses greater choice of supplier.

The Grow Your Business program replaces the Business Growth Program, which will close on 8 October 2026.

Applications for Grow Your Business open on 9 October and close on Friday 13 November 2026.

To learn more and apply for the Grow Your Business program, go to the Northern Territory Government website.

decorative

Share this page:

URL copied!