Prime Minister of Tasmania – Supporting Tasmanian small businesses with financial and business advice

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July 29, 2022

Madeleine Ogilvie, Minister for Small Business

Members,

The Tasmanian Liberal Government is helping Tasmania’s 39,000 small businesses create jobs and stimulate the economy for growth.

Local businesses can now apply to receive financial and business advice under the second round of the Small Business Advice and Financial Guidance programme.

The program offers grants ranging from $750 to $1,500 to qualifying small businesses.

Grant funds can be used to obtain services such as financial and business advice, support, advice and strategy development from a suitably qualified specialist or consultant.

Eligible support may include financial and business planning, cash flow management, marketing, or corporate website support.

Today I was delighted to visit Capital on our bustling restaurant strip in North Hobart, which received a grant in the first round.

Capital restaurant co-owner Aaron Brazendale said the help received through the first round of the Small Business Advice and Financial Guidance program was really beneficial in providing advice around cash flow planning, as well only to help develop strategies that have helped the company through our transition. of the COVID-19 pandemic.

“We were also able to use the grant funding to get professional advice on our financial reporting and how we can use the data to improve our business,” Brazendale said.

“It was really valuable to us and I would encourage other eligible companies to apply for the second round of the program.”

The second round of funding continues the support provided in the first round of the program, which resulted in 423 businesses receiving over $600,000 in funding.

Applications for the second round are open until May 30, 2023 or until funding has been allocated.

Further information and application details can be found on the Business Tasmania website.

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