29 July 2022

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

Local businesses can now apply to receive financial and business advice through round two of the Small Business Advice and Financial Guidance program.

The program provides grants of between $750 and $1,500 to eligible small businesses.

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

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

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

Capital Restaurant Co-Owner, Aaron Brazendale said that the assistance received through round one of the Small Business Advice and Financial Guidance program was really beneficial for providing advice regarding cashflow planning, as well as helping to develop strategies that assisted the business as we transitioned out of the COVID-19 pandemic.

“We were also able to use the grant funding for some professional advice on our financial reporting and how we can use data for business improvement," Mr Brazendale said.

“It was really valuable for us and I would encourage other eligible businesses to apply for Round Two 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 more than $600,000 in funding.

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

Further information and application details are available on the Business Tasmania website.