There are still Federal, State and Territory government grants available for clients who want to invigorate their business. Many small business operators will welcome the opportunity of obtaining a government grant. David Smith, Managing Director of Smithink 2020 and a former President of the Institute of Chartered Accountants in Australia, said, “If an accountant wants to make a client happy, get them some government money.”
The government has identified the need for improvement in skills development with the launch of the Industry Skills Fund. Admittedly, this fund is targeted at the government’s “priority industries”, including:
- Advanced Manufacturing
- Mining Equipment, Technology and Services
- Oil, Gas and Energy Resources
- Medical Technologies and Pharmaceuticals
- Food and Agribusiness
- As well as enabling technology and service industries that support one or more of the priority industries listed:
- Freight and Logistics
- Infrastructure Related Construction
- Information and Communication Technology
- Professional Services (in a limited way)
Businesses in other industry classifications can apply if they can clearly show in their application that they have significant growth potential and are preparing to reposition themselves to take advantage of economic opportunities.
Have you identified which of your clients qualify for the Industry Skills Fund? There are literally hundreds of different types of businesses eligible.
I invite you to visit www.essbizgrants.com.au for a “Free No Obligations Trial”.