Overview
The ACT Microcredit Loan Program provides low-income earners with interest-free loans up to $3,000 or low-interest loans between $3,001 and $10,000 to help them start or expand an existing business. Loan recipients also have access to one-on-one mentoring, peer support, and networking events.
Eligibility Requirements
Applicants must be ACT residents for at least 6 months with a Health Care Card, Pension Card or equivalent. For no-interest loans: combined family income no higher than $65,000 and setting up a new business. For low-interest loans: combined family income no higher than $75,000 and have an existing or semi-established business.
Who Can Apply
How to Apply
Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.
Visit the official application page