Additional funding of 7.8M over three years has also been announced to help small businesses manage the cost of doing business and build their capability, capacity and resilience.

Cyber Security

The government is also providing additional funding of up to $10 million, held centrally, over three years from 2024-25 to develop and implement cyber security infrastructure for small to medium enterprises, bringing the total allocation to $15 million. This also forms part of the government's total investment of over $250 million over three years under the Queensland Small Business Strategy 2024-27.

QSEC commitment

Across June QSEC has committed to unpack the budget and will alert its members and stakeholders to other budget wins.

The Queensland Social Enterprise Council (QSEC) is the peak body for Social Enterprise and Impact-led business in Queensland. It represents, supports and advocates for the interests of social enterprises and social entrepreneurs to drive high social, cultural and environmental impact.