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Supporting small business set-up

STARTING a small business in Australia is about to get even simpler, Small Business Minister Michael McCormack says, today releasing the Government’s response to the final report of the Productivity Commission’s inquiry into Business Set-up, Transfer and Closure.

The Government supported the vast majority of the report’s recommendations which were designed to address barriers to business entries and exits to drive efficiency and economic growth.

“The Productivity Commission report says it is simple to start a business in Australia and our rate of start-ups compares favourably by world standards – this is fantastic news,” Mr McCormack said.

Mr McCormack said the Government has already initiated reforms in line with the Productivity Commission’s recommendations.

“The Government understands small business and we have already acted to implement reforms to help the sector grow and create jobs,” Mr McCormack said.

“Our FinTech statement and the response to the Financial System Inquiry highlight some of the work that is already underway.

“These programmes, as well as the Government’s cuts to company tax and our small business policy agenda, show the Turnbull-Joyce Government is the Government for small business.

“We are continuing that work to back Australia’s small businesses to grow, innovate and – most importantly – create more jobs.”

In responding to this Inquiry, the Government is committed to:

  • creating the framework for entrepreneurial activity to thrive, including through reducing the stigma of business failure; and
  • fostering agile, innovative businesses by eliminating unnecessary regulation and reducing regulatory complexity.

The report is available at the Productivity Commission website.

The full response is available at the Treasury website.

You can find out more about the Government’s small business policies by searching ‘small business’ or visiting the small business webpage.

2017 Priming Grants

The purpose of the Priming Grants is to enhance collaboration specifically between Australian small to medium sized enterprises (SMEs) and researchers with SMEs and researchers in 17 priority economies. Priming Grants encourage translational activities, end use development and commercialisation outcomes. They do not support research only projects.

The program only supports Researcher-SME collaborations and does not support SME-SME or Researcher-Researcher collaborations. Details here.

Priming Grants are intended to stimulate the formation of joint Australian-Partner research and innovation by reducing the financial risk on both sides to enter into a collaboration proposal. Priming Grants therefore should not be regarded as simply travel grants, they have specific intent and outcomes.

The grants will support Australian SMEs and researchers to:

  • enable initial exploratory partner meetings to take place
  • undertake consortium meetings (travel-related costs), assistance with minor project expenses; and /or costs associated with establishing formal relationships (legal agreements) or funding applications for joint activities.
  • support potential SME-researcher partnerships in exploring the viability of an intended research and development (R&D) collaboration or technology solution
  • explore avenues for follow-on project seed‑funding

Priming Grants are not designed to fund ongoing research costs, or to support existing collaborative activities.

Your proposed partner should not be part of an exisiting research or commercial relationship but a new opportunity you are seeking to explore.

Priming grants are not intended for use to support research projects on SMEs, commercialisation or entrepreneurial activities. They are solely intended to promote translational activities between entities which lead to new innovations in products or services.

A summary schematic of how Priming Grants operate is found here.

The Priming Grant funding may be matched by the overseas partners although this is not obligatory.

Priming Grants offer total funding of $7,000 AUD/applicant to eligible SME-researcher partnerships for activities preparing cooperative, international R&D projects or facilitating technology solutions. See the call timetable here.

Priming Grants are only open to Australian-based Researchers and Australian-based SMEs who must be the primary applicants. No applications will be received from international partners.

SME classifications for each priority economy are found here.

Full details of the conditions are contained within the Priming Grant Guidelines.

Visit the webpage directly here.

Western Queensland road upgrades to support tourism

The Queensland Government has approved almost $6 million will be spent improving transport and road access in Western Queensland to support drive tourism.

Some of the projects include:

  • Winton Shire Council Age of Dinosaur Road Pave and Seal (Stage 1 – 3.5km)
  • Winton Shire Council Age of Dinosaur Road Pave and Seal (Stage 2 – 3.7km)
  • Diamantina Shire Council Birdsville – Windorah Road Pave and Seal
  • Diamantina Shire Council Big Red Road – Overtaking Opportunity
  • Blackall – Tambo Regional Council Blackall Aquatic Centre Car Park
  • Blackall – Tambo Regional Council Qantas Crash Site Access Road Pave and Seal
  • Blackall – Tambo Regional Council Tambo Airfield Road Access Pave and Seal
  • Longreach Regional Council River Farms Road Pave and Seal
  • Barcaldine Regional Council Regional Tourism Signage
  • Barcaldine Regional Council Parking Improvements on Capricorn Highway (Alpha – Barcaldine) at Oak Street

The Projects include a 50/50 funding contribution from the respective Local Government.

Rebuild of Winton’s Waltzing Matilda Centre

It is an exciting time in Winton with the sod turning of the $22 million Waltzing Matilda Centreheld on 27 April 2017, attended by Winton Shire Mayor, Butch Lenton, Federal Member for Maranoa, David Littleproud and local Government minister for Aboriginal and Torres Strait Islander partnerships, Mark Furner.

 

Small Business in a Day Workshop – Longreach

Running a business takes courage and commitment. Occasionally, you need to take time off the tools and away from the technology to learn new and better ways of getting a strong return on your investment in people, processes and places.

To boost your confidence and capability for success, the Queensland Government’s Office of Small Business brings you the opportunity to learn, share and network at this FREE event for small business owners.

Hear from and talk to experts about topics that match the challenges your business is facing, like:

  • new technology
  • digital disruption
  • product development
  • entering new  markets
  • financing/investment
  • leadership
  • people/staffing
  • managing growth
  • where to get advice and support.

Date – 5 June 2017

Time – 5:30pm – 9pm

Venue – Qantas Founders museum, Sir Hudson Fysh Drive, Longreach

Register – click here

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