Applications open soon for $18 million Australian Small Business Advisory Services programme

Federal Member for Pearce, Christian Porter, has welcomed the announcement by Small Business Minister Bruce Billson of a new funding round to improve business advisory services available to small businesses and family enterprises.

Minister Billson announced the new funding, as part of the $18 million Australian Small Business Advisory Services (ASBAS) programme, at a Small Business Forum hosted by Mr Porter in the electorate of Pearce yesterday evening.

The funding aims to improve the accessibility, volume and quality of low cost business advisory services available to small businesses and family enterprises.

“The Minister’s announcement in my electorate of Pearce yesterday reinforced the importance the Coalition Government places on assisting small business throughout Australia,” Mr Porter said.

“We went into the 2013 election with a clear policy to assist small businesses in Australia and this is just another example of how this Government is delivering that agenda.”

Individual grants of up to $200,000 per year are available to successful applicants for a three year period to ensure that small businesses can continue to receive high quality advice at a minimal cost, with services delivered through eligible not-for-profit organisations such as Chambers of Commerce, Business Enterprise Centres and Industry Associations.

This funding round will deliver on the theme of ‘Business Solutions’ and incorporate five main 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

Applications will open on Wednesday 15 October 2014 with new services expected to start in February 2015. Further information is available at www.business.gov.au/asbas