SME Growth Program
The SME Growth Program is an ACT Government initiative aimed at driving small business growth and competitiveness.
It will provide skilled support for business improvement and promoting opportunities and innovation through collaborative opportunities, connections with research institutions and developing and commercialising new ideas.
The program is delivered on behalf of the ACT Government by the CBR Innovation Network (CBRIN) .
Am I eligible?
To be eligible to participate in the SME Growth Program your business must:
- be registered and trading in ACT
- have been established for a minimum of 2 years
- have an annual turnover of between $500,000 and $1.5million
- be registered for GST and have submitted BAS
- have innovation as a core value
- have a demonstrated capacity to grow
- be IT enabled.
The business review is delivered by an experienced business advisor who works with you one on one to understand and review how the business is run and to identify areas of improvement.
The adviser will review and assess things like how your business functions, your business strategy, market conditions and your work practices, and work with you to identify areas and opportunities for improvement in your business.
You will need to provide access to your business information including three years of financial information (profit & loss and balance sheet) and key personnel that the adviser needs to complete their analysis.
A business review report of your business is delivered at no charge.
Your business report may include an assessment of the direction and strategy of the business together with a market and industry appraisal; a review of internal processes; and a financial analysis.
Find out more
To find out more about the SME Growth Program contact:
Phone: 0409 741 337