ASBAS Digital Solutions funding round will provide up to $18.02 million over three years from 2 July 2018 to 30 June 2021 to business advisory service providers to deliver low cost, high quality, digital advisory services to Australian small businesses in metropolitan and regional areas of the following three coverage areas:
$6.09 million for Area 1 - New South Wales and the Australian Capital Territory.
$5.68 million for Area 2 - Queensland, the Northern Territory and Western Australia.
$6.25 million for Area 3 - South Australia, Victoria and Tasmania.
Small businesses will be able to access the services for a small contribution fee through a combination of channels and formats, including face to face, or phone calls, video calls online, webchats, interactive webinars and face to face workshops. Small businesses can access specialized and expert business support through relevant, low cost advisory services that are practical, flexible and focused.
Access advice regarding:
Funding avenues and financial analysis
Building your business
Making the most of your talent and team
Management capabilities
Digital engagement implementation
Low cost services include:
Diagnostics
Business systems
Mentoring
Benchmarking and training
The advice and services are designed to help business:
Achieve business goals
Improve performance
Develop accountability, strategy and focus
Undertake business health checks and diagnostics
Conduct market research and identify target markets
Access up to date industry benchmarking
Develop a business plan
Improve bookkeeping processes and financial procedures
Increase revenue and productivity through marketing and sales
Build a referral network
Enhance business skills through specialized training, events and workshops
The program forms part of the Australian Government’s commitment to helping small businesses create jobs, opportunity and growth, and complements general business advisory services offered by State and Territory governments.