Up to $600,000 is available for organisations to provide expert advice to small businesses such as financing options and building a business.

    Small Business Advisory Services

Overview

The Australian Small Business Advisory Services (ASBAS) Programme aims to improve the capacity of established not-for-profit small business advisory service providers to deliver low cost small business advisory and information services.

 

Background

Supporting small business is a central part of the Abbott Government’s Economic Action Strategy to build a strong, prosperous economy and a safe, secure Australia. Small businesses employ more than four million Australians nationwide and this assistance will help the sector grow and prosper. Ensuring small businesses – whatever their stage of start-up or expansion – have access to professional and low cost advice is an important way to ensure success..

 

Streams

The Australian Small Business Advisory Service Business Solutions 2014 round aims to improve the accessibility, volume and quality of low cost business advisory services across five streams of assistance:

  1. Funding avenues and financial analysis
  2. Building your business
  3. Making the most of your talent and team
  4. Management capabilities
  5. Digital engagement implementation

 

Funding

Small business advisory service providers can now apply for funding of up to $200,000 per annum over three years to provide expert advice to small businesses under the Australian Small Business Advisory Services programme. The Australian Government is providing up to $6 million per year, over three (3) years for the Australian Small Business Advisory Services Programme.

 

Recipients

34 successful applicants to be offered $17,243,425 over the next three years under the Australian Small Business Advisory Service (ASBAS) Programme Business Solutions 2014 round.

  1. Botany Bay Business Enterprise Centre
  2. Penrith City & District Business Advisory Centre
  3. Queanbeyan Enterprise Centre
  4. Hunter Business Centre
  5. The Illawarra ITEC
  6. Enterprise & Training Company
  7. Armidale & District Business Enterprise Centre
  8. Business Enterprise Centre Southern Sydney
  9. Wagga Wagga Business Enterprise Centre
  10. Rural Sector Support
  11. Nortec Employment & Training
  12. Business Enterprise Centre Cabonne
  13. Orange Blayney
  14. Many Rivers Microfinance
  15. Business Enterprise Centre (Darwin Region)
  16. Whitsundays Marketing & Development
  17. Bundaberg Enterprise Centre association
  18. Career Employment Australia
  19. Gulf Savannah Development
  20. Thuringowa Enterprise Centre
  21. Eastside Business Enterprise Centre
  22. North East Development Agency
  23. North West Business Development Centre
  24. Break O’Day Business Enterprise Board
  25. Community Potential Foundation
  26. Braddon Business Centre
  27. Sunraysia Rural Counselling Service
  28. Box Hill Institute of TAFE
  29. Geelong Chamber Of Commerce
  30. Murray Hume Business Enterprise Centre
  31. Small Business Mentoring Service
  32. Leschenault Enterprise Centre
  33. Business Foundations
  34. Esperance Local Enterprise Initiative Committee

 

Media Release

$770,000 new funding for Central QLD small business

Joint media release with
Ken O’Dowd, Member for Flynn
Michelle Landry, Member for Capricornia
George Christensen, Member for Dawson

Entrepreneurs and small businesses in Central Queensland now have access to more advice and support thanks to $770,000 in new Federal Government funding.

The funding has been allocated to the Bundaberg Business Enterprise Centre (the Bundaberg BEC) to deliver the Central Queensland National Interest Initiative under the Australian Small Business Advisory Services (ASBAS) programme.

Together with the 2014 ASBAS Business Solutions round funding, it brings the total Abbott Coalition Government funding commitment to business advisory services delivered in Queensland to $3.47 million.

The Abbott Government allocated the new funding after identifying the Business Solutions round enabled the Bundaberg BEC to provide advisory services in Bundaberg, Fraser Coast and Gympie, but were still much needed in Gladstone, Rockhampton and Mackay.

The Bundaberg BEC will use the new funding to hire two business advisers to help start-ups and established small businesses in these areas through workshops and one on one sessions on: funding avenues and financial analysis; building your business; making the most of your talent and team; management capabilities; digital engagement implementation.

The funding has increased small business advisory services to the more than 48,000 small businesses across the local government areas of Mackay, Isaac, Livingstone, Rockhampton, Woorabinda, Central Highlands, Gladstone and Banana.

It will work to ensure small businesses across Central Queensland receive the targeted support they need to grow and improve their skills, efficiency, sustainability and resilience.

As the engine room of our economy, this assistance will support these businesses to expand their product lines, employ more staff and improve their access to finance and markets. This is particularly important for Queensland, which is situated so close to our export markets.

Getting the right advice, at the right time, is crucial for small businesses. It can be the difference between success and failure.

This initiative will position smaller operators to seize opportunities that might not have otherwise been open to them.

We have worked to secure this important funding for Central Queensland as part of our plan to ensure Australia is the very best place to start and grow a business.