To begin with, government grants for small business owners, being as they are in fact grants, most often do not have to be paid back. If one is looking at government grants for small business owners, then they need to look at the applicable programs that come into the grants category. However it should be remembered that there are loans as well available through the Australian government grants and loans programs for small businesses. Most often these loans have a very low interest rate, and are quite reasonable in their payback terms.
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More Australian cities than just Queensland offer government funding assistance for eligible small business applicants; in fact, most Australian cities and communities offer funding programs …Read Full Answer