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A comment on $A100K Equity-Free Startup Grant from Queensland Government. Parent comment

Re:$A100K Equity-Free Startup Grant from Queensland Government by jaaames on Friday April 28, 2017 @04:47AM (#14217876)
CA grant is such a weird premise as you essentially need to be in a position where you've done the R&D (i.e. spent all the cash) but don't have enough sales yet.

Having applied for $150k for another STEM related grant in NSW with a very strong application in hindsight I would rather have spent the time and effort focusing on the core business.

If you consider grants and applications as an expected value calculation (grant size * % chance of award * implications of being awarded) a business is often doing themselves a disservice by applying.

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Re:$A100K Equity-Free Startup Grant from Queensland Government by spiggytopes999 on Friday April 28, 2017 @05:03AM (#14217935)
I completely agree. About the only grant program that sounds worthwhile is the EMDG (Export Market Development Grant) which reimburses some of your sales-related travel costs - up to 50% from a minimum spend of $15k. Apparently this isn't too hard to get, but you have to have spent the cash first.
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