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Supporting Small Business with the Entrepreneurs Grant

Business owners who are a few years into your entrepreneurial journey may notice the business starting to morph into something different from your original business plans.  Whether it be different/expanded services, markets, brand positioning, delivery mechanisms, a lot can change when you are nimble and responsive to market feedback.  When you find yourself at this juncture, taking time out to reset your strategic plan is a valuable exercise to refocus your future direction.  Strategic planning guides your day to day decisions and also helps to identify the areas within your business that need further investment.

Strategic planning is rarely something to approach alone, optimal outcomes emanate from being challenged to think beyond the ‘foreseeable future’ to ensure you set your sights on the long game.  Objectively drawing the bridge between where you are now and where you want to be, results in a strategic action plan, a road map, to long term success.

To help small business owners to access professional advice to support business success the Queensland Government has recently released a match funded Grant of up to $5,000 to support businesses who are in their first 4 years of operation.

To be eligible you must have registered a Queensland business within the last four years, employ less than 20 staff and seek to engage an adviser or service provider to deliver an engagement of up to 3 months duration which supports or develops the business.

The project that is funded must fall into one or more of the following areas:

  • mentoring/coaching
  • business and strategic planning
  • professional business advice (information technology (IT), legal or financial)
  • marketing strategy development (branding strategies, social media/digital strategies, market research).

Applications must be lodged by 13 December 2018, further details about the Grant are available here and you may preview the application form here.

Your Hanrick Curran adviser can assist in a wide range of ways to deliver support for business establishment and growth.  To explore avenues for you to focus on to build a better business please take our short business improvement survey and then discuss with your Hanrick Curran adviser the better business program that could be partially funded by the Entrepreneurs Grant.

For further information about Hanrick Curran’s Better Business Program or the Small Business Entrepreneur’s Grant speak with your usual Hanrick Curran adviser or Angela Winton, Matthew Beasley, Nathanael Lee, Stephen Brake, Robert Pitt or Scott Hutton.

Please note that this publication is intended to provide a general summary and should not be relied upon as a substitute for personal advice.

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