Samantha Hutchinson Reporter
Samantha writes on exports, Islamic finance and the business of doing business across borders. Before moving into journalism she worked in executive recruitment and public policy.
followGrants for grabs
Published 20 June 2012 21:58, Updated 20 June 2012 23:39
When it comes to fairy godmothers, Enterprise Connect is the closest thing an SME will get to Tinkerbell herself.
The organisation helps SMEs identify ways to get smarter, faster, leaner and greener through its free business reviews. It then offers companies grants of up to $20,000 to help kick-start strategies identified in the business review.
Assistance is on offer to sectors including manufacturing, defence, clean technologies, creative industries and others.
The grants are there to help companies implement changes suggested in any business review done by Enterprise Connect. Grants are offered on a matching basis – you must be able to stump up the same amount of cash that you hope to receive.
The types of improvements that may be eligible for funding include supply chain management, quality management systems, export strategies and business planning.
To be eligible for a review and then a grant, businesses must have filed business activity statements for the past three years and be solvent. Businesses must also meet specific turnover thresholds, which is generally above $2 million and below $100 million for most industries.
The program offers a reduced criteria for businesses located outside of capital cities.
The organisation typically deals with SMEs turning over more than $2 million a year but offers options for smaller companies with similar competencies to band together to be reviewed and supported as a group. This is a great opportunity for sole traders, micro-companies and other small fry to create something that is worth more than their parts.
Enterprise Connect has been running business reviews and delivering tailored advisory device grants for more than three years. In that time it has helped more than 7500 companies.
Stop wishing on a star and put in a call.
Name: Enterprise Connect
Phone: 131 791
Web: www.enterpriseconnect.gov.au
This information is provided to BRW by GrantReady, which maintains the largest source of grant and funding information by Australian businesses.
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