Small Business Support Program

Posted on 29 Jun 2020

Drought has been tough on small businesses that rely on rural communities to survive.

Through the Australian Government’s $7 million Drought Communities Small Business Support Program plus the $4.785 million COVID-19 support measure (announced June 2020), these businesses can access free financial counselling and specialist third-party advice.

We’re running this pilot program until June 2021, which will help eligible small businesses to:

  • understand their financial position
  • identify options
  • implement plans to improve their viability.

Eligibility

This service is for small businesses that:

  • have 19 employees or less
  • are experiencing, or at risk of, financial hardship as a result of drought (that is, located in a drought affected area) and/or the COVID19 pandemic.
  • are located in North East Victoria regional area
  • are not located within 20 kilometres of a town with a population greater than 50,000
  • are ineligible to access services under the existing RFCS program.

How they can help

Small business financial counsellors can help you to:

  • understand your financial position and the viability of your business
  • identify options to manage the financial issues of your business
  • develop budgets and cash flows
  • create and implement an action plan to work towards your business goals
  • negotiate with your lenders and access dispute resolution services
  • identify other government and community grants, programs or schemes
  • access broader professional advice and support.

Small business financial counsellors do not give family, emotional or social counselling or financial advice. They can refer you to other professional services, including:

  • accountants
  • legal services
  • mental health services.

CALL 1300 032 332 or email enquiries@agbizassist.org.au to register the business for support or call Colin Rawnsley on 0419 418 928, email colin.rawnsley@agbizassist.org.au  for further information.