PVW PARTNERS WELCOMES NEW SUPPORT MEASURES
19th May 2020
19th May 2020
North Queensland based accounting and advisory firm PVW Partners has welcomed today’s announcement by the Queensland Government of the new Small Business Adaption Grant Program.
Managing Partner Carl Valentine said the funding of up to $10,000 will support small businesses impacted by the COVID-19 pandemic.
“This is a wonderful announcement and I applaud the Queensland Government for supporting regional businesses in this way,” Mr. Valentine said.
“Similar to the Resilience Grants which were enacted following the 2019 Monsoon flood event, these grants will assist small business in a number of ways and enhance their sustainability into the future.”
The Queensland Government funding will be available for:
- financial, legal or other professional advice to support business sustainability and diversification
- strategic planning, financial counselling or business coaching aligned to business development and diversification
- building the business through marketing and communications activities, for example, content development (web pages, mobile apps, visual and audio media etc.)
- digital/technological strategy development
- digital training or re-training to adapt to new business models
- capital costs associated with meeting COVID-19 safe requirements
- specialised digital equipment or business specific software to move business operations online (e.g. logistics program for online ordering)
- meeting business costs, including utilities, rent.
“As small business prepares for the resumption of trade post the COVID-19 restrictions and adapt their business to operate in an ongoing COVID-19 environment, these types of services and financial assistance will be critical,” Mr. Valentine said.
“Whether it is accessing new digital technologies or rebuilding business operations to adapt to the changing climate, we encourage regional Queensland businesses to get their applications in now. With around 10,000 small businesses expected to be accepted into the program before it is fully allocated the funding is unlikely to be available for very long.”