True, small business owners are aware of Government grants that are created to help their small business. The drawback however, is the long process it entails when applying for one. Fortunately though, there are now agencies who facilitate the tedious process in applying for a government grant. The Internet is also a convenient way to research on these grants and concessions. Businesses can directly apply on-line too so it would be more advantageous when availing of the opportunities. Below are the main grants, tax concessions and offsets that you might consider to be most beneficial to your small business.

1. Commercial Ready Grant- this is a program that provides funding for entrepreneurs that has a new product or service to develop.

2. Textiles, Clothing & Footwear (TCF) Small Business Program- This is intended for the business to maximize commercial returns on products and services which will consequently help develop and maintain an edge on the competitive market.

3. Research and Development Tax Concession

4. Premium R&D Tax Concession

5. Research and Development Tax Offset

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