Queensland Small And Family Businesses Surpass Half A Million

Queensland’s small and family business sector has reached a major milestone, surpassing more than half a million enterprises for the first time. According to official figures, the number of small businesses in Queensland increased from 495,000 to more than 508,000, highlighting the resilience, innovation, and entrepreneurial spirit of Queensland small and family businesses.

The Government is delivering the Small and Family Business First Action Statement, designed to improve the business operating environment across the state, as these businesses generate an estimated $132 billion for the Queensland economy and employ more than 1.045 million Queenslanders.

Minister for Small and Family Business Steve Minnikin said small and family businesses play a critical role in driving economic growth, creating jobs, and fostering vibrant local communities.

“Small and family businesses are vital to our economy and our local communities, and surpassing half a million is a testament to the determination and ingenuity of our small and family business owners,” Minister Minnikin said.

Saying that they're committed to continuing to put small and family businesses first and ensuring they have the resources and environment they need to thrive.

“Every time you shop locally, you’re investing in Queensland’s future. Let’s celebrate this achievement by continuing to champion our small businesses,”  Minister Minnikin said.

Key programs under the Action Statement currently open for applications include the Business Growth Fund, Secure Communities Partnership Program, and Small Business Apprenticeship Pilot Program. For more information on small business support, visit business.qld.gov.au.