Entrepreneurs Programme

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Entrepreneurs Programme

Over $400 M is available through the Entrepreneurs Programme to help small to medium businesses become more self-reliant and competitive and to accelerate their growth.

Entrepreneurs Programme

5 Steps to Landing a
Government Grant

Entrepreneurs Programme

The Entrepreneurs Programme is the Australian Government’s flagship initiative for business level competitiveness and productivity.

It provides practical support for businesses including:

  • advice from people with relevant private sector experience
  • co-funded grants to commercialise new products, processes and services
  • funding to take advantage of growth opportunities
  • connection and collaboration opportunities.

 

Objectives

The Entrepreneurs’ Programme (formerly the Entrepreneurs Infrastructure Program) is a business-focused element of the Australian Government’s broader Economic Action Strategy that brings together and builds upon other economic reforms to make the most of Australia’s strengths and business opportunities.

 

Are you in the right growth sector for the Entrepreneurs Programme?

To be able to apply for the Entrepreneurs Programme you must be operating in one or more of the Growth Sectors which are:

  1. Advanced Manufacturing
  2. Food and Agribusiness
  3. Medical Technologies and Pharmaceuticals
  4. Mining Equipment, Technology and Services
  5. Oil, Gas and Energy Resources
  6. Enabling Technologies (for the 5 above)

 

Do you earn enough?

To be able to apply for the Entrepreneurs Programme you must have an annual turnover (or operating expenditure) within the current, or one of the last two financial years:

  • Between $1.5 million and $100 million or
  • Between $750,000 and $100 million for applicants from Remote Australia or Northern Australia.

 

Business Evaluation

Experienced Business Advisers review business operations, including business direction and strategy. The outcome of the review is an Evaluation Report that has business improvement suggestions.

A skilled and expert Business Adviser will:

  • come to your business premises to gather information about your business
  • undertake further research and analyse the information off-site
  • prepare a tailored Business Evaluation Action Plan outlining strategies your business can take to become more competitive, improve and grow.

When you are ready to apply the strategies, the Business Adviser will coach and mentor you for up to twelve months.

To be able to apply for a business evaluation, you must;

  • Satisfy one of the following:
    • have the skills, ability, expertise or intellectual property to work in or with one or more of the Growth Sectors in the future, or
    • be a tourism business operating in Northern Australia.
  • be solvent
  • have an annual turnover (or operating expenditure) within the current, or one of the last two financial years:
    • Between $1.5 million and $100 million or
    • Between $750,000 and $100 million for applicants from Remote Australia or Northern Australia.
  • have filed Business Activity Statements in Australia showing ongoing trading in at least three successive years
  • not have received a Business Evaluation Report, Business Evaluation Action Plan or a Business Review Report in the last five years.

 

Supply Chain Facilitation

Supply Chain Facilitation offers your business practical ways to:

  • connect with, and supply existing and new markets
  • provide you with project opportunities.

At no cost to your business, a skilled Business Adviser or Business Facilitator will work closely with your suppliers and customers to:

  • strengthen your supply chain
  • improve your ability to access new markets.

 

Growth Services

A Growth Services engagement will enable your business to identify and capitalise on growth opportunities more rapidly, easily, and capably, with less risk. The engagement will help your business build the capacity to accelerate growth.

At no charge to you, a Business Adviser will:

  • develop a Growth Plan to help you reach your growth opportunity
  • provide support, advice and mentoring to build the necessary capabilities, culture, strategies and connections for growth
  • facilitate access to relevant advice, networks and knowledge
  • help maintain your growth momentum through regular meetings and follow-up.

 

Tourism Partnerships

Brings together tourism buinesses that offer complementary products or services. Businesses must be located and/or have their main operations in Northern Australia.

The service will help businesses to reach their potential and achieve benefits that they might not have access to on their own.

 

Business Growth Grants

Business Growth Grants provide financial help for businesses to improve their business operations and grow their business.

The improvements are available in a:

  • Business Evaluation
  • Supply Chain Facilitation
  • Growth Service
  • Tourism Partnership service.

A Business Growth Grant reimburses businesses for up to half of the cost of engaging a service provider, to a maximum of $20,000 (excluding GST). This funding supports business improvement projects.

The grant supports strategies that improve the abilities and skills of your business. It doesn’t support fixes for problems that are part of the ordinary, every day operations of your business.

You may apply for a Business Growth Grant if your business:

  • has received an Entrepreneurs’ Programme Business Evaluation Report or Action Plan, Supplier Chain Facilitation, Growth Plan, or Tourism Partnership Plan, and
  • is submitting an application in accordance with the eligibility timeframes (typically within six months of receipt of advisory services).

Entrepreneurs Programme

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By | 2017-09-17T22:42:03+00:00 September 14th, 2017|All, Innovation and R&D, New Grant|Comments Off on Entrepreneurs Programme

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