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Are you eligible for $20,000 of funding to improve your business?

  • Up to $20,000 business improvement funding available
  • Free business review
  • Improve the productivity and competitiveness of your business
  • Take your business to the next level

The Federal government has introduced a range of initiatives to help SME’s improve their productivity and competitiveness by providing access to professional business advisory and development services.

Enterprise Connect is an initiative designed to help businesses improve by providing a detailed review of the important aspects of the business, plus access to an independent industry review report and a range of other business-boosting services.

Companies that qualify receive a free Business Review – an accredited Business Adviser will work with you to identify your business’ strengths and weaknesses, strategic business issues, potential areas for business improvement and potential areas for growth.  The Business Review is a free service.

Additionally, you could be eligible for matched funding of up to $20,000 if you need the help of an external service provider to implement any recommendations arising from the Business Review.

Other services that may be discussed include Technology and Knowledge Connect, Skills analysis/audit, and development plans for employees (a free service through Ai Group).

The Enterprise Connect initiative applies to manufacturing, creative industries, regional centres, resources, defence and remote areas, and now also includes transport, freight and logistics, ICT and some professional services. You can find out more here.

Eligible companies must:

  • Have an ACN and ABN
  • Have turnover between $1.5m and $100m in the current or previous two financial years
  • Be solvent
  • Have been trading for the past three years and lodged Business Activity Statements during that time

·         Operate in industries covered by the Enterprise Connect initiative (full details available here)

·         Have not received similar Government assistance (Australian, State or Territory)

So… what’s the catch?

All it takes is a small investment of your time so the Business Adviser can learn about your business, and advise how it could be better.

Mike Sewell – Business Adviser

Mike Sewell is an expert in people and money – two critical components to the success of any business. As a CPA, and a previous President of CPA Victoria, you can be sure he knows his numbers. And running a number of successful businesses across a range of industries has made Mike an expert in setting up systems and processes to best utilise any business’ most important asset – their people. Mike has a particular passion for the environmental impact of business activities on processes, products and profits.

Take advantage of this great business-building opportunity. To arrange a free Business Review, or to learn more about the Enterprise Connect program, call Mike Sewell on 0409 512 578. Alternatively, speak to your adviser at The Practice to learn more.