Government grants and support available for your business – apply now!
As part of the project, 100 small businesses will have the opportunity to receive a digital transformation up to the value of $20,000, with the chance to also be mentored by a high profile Australian business leader. Applications are now open until 4 February 2019, 5pm. For more information and to apply, visit https://www.jobs.gov.au/digital-champions.
With the Australian Government preparing to enter election mode and adopt caretaker conventions, now is the time to make sure your business is accessing the grants it is entitled to. Caretaker conventions mean the government tries not to make any major decisions or enter into any major contracts in the six weeks leading up to an election, this often includes not awarding grants and funding.
Below are list of common business grants many Victorian Chamber members have accessed.
- The Australian Government’s Entrepreneurs’ Programme is an eligibility program and focuses on small and medium sized businesses in five growth sectors (advanced manufacturing, food and agribusiness, medical technologies and pharmaceuticals, mining equipment, technology and services or oil, gas and energy resources). The following elements are available:
- Business evaluation and growth services: Access to a Business Advisor to review the business and provide a Business Evaluation Action Plan or Growth plan with recommended strategies for business improvement or growth. The evaluation includes up to 12 months of mentoring to help implement the strategies.
- Business growth grants: A grant of up to $20,000 for the cost of hiring an expert to help with implementing the advice and strategies recommended through the Business evaluation or Growth services. The grant supports strategies that improve the abilities and skills of your business. Equal co-contribution is required.
- The Australian Government’s Supply Chain Facilitation services provides a skilled Business Adviser or Business Facilitator at no cost to your business to work closely with your suppliers and customers to strengthen your supply chain and improve your ability to access new markets. Following the development of a Supplier Improvement Plan, you may be eligible to apply for matched government funding of up to $20,000 through a Business Growth Grant.
- The Australian Government’s Centre for Defence Industry Capability (CDIC) – Capability Improvement Grants provides those who have received a CDIC advisory or facilitation services report with grants of between $5,000 and $250,000 to reimburse up to half of the cost of engaging with a consultant or expert to implement the recommendations of the report.
- The Australian Government’s Accelerating Commercialisation initiative provides grants of up to $1 million that provide expert advice and funding to fund 50% of commercialisation costs for novel products and processes. Equal co-contribution is required. Submitting an expression of interest is the first step and may be made at any time.
- The Australian Government’s Youth Jobs PaTH program is an internship program which helps unemployed young people access work experience. Employers who take part receive a payment of $1,000 to help cover the costs of hosting an intern. The Government pays the intern $200 a fortnight on top of their income support and covers their insurance. If businesses choose to hire the intern after their trial then they can receive a wage subsidy of up to $10,000. For more information businesses can call a dedicated hotline for employers 13 17 15.
- The Australian Government’s Wine Export Grants program encourages small and medium wine producers to capture export opportunities in China (including Hong Kong and Macau) and the USA, by offering a reimbursement grant of up to $25,000 for specific export promotion activities incurred on a single promotional visit on or after 1 January 2018.
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