Grow Your Business - Business Strategic Review

Project aim

The Grow Your Business Program is designed to be flexible to meet the needs of individual businesses. It requires a degree of 'strategic thought' aimed at identifying the program goals.

Nature of assistance

Eligible businesses can apply for a grant of 75 percent of total project cost up to a maximum of $4000.

The Business Strategic Review is a chance to gain a valuable insight into areas of operation and is designed to:

• identify the immediate past and present position of a business
• illustrate strengths, weaknesses, opportunities and threats
• identify and prioritise areas that require attention or change

This 'situational analysis' can also be directed toward specific issues such as:

• production/process
• finance
• export and marketing
• eBusiness
• human resources
• training strategies
• environment

Outcomes can form the basis of a comprehensive action plan.

Eligibility criteria

To be eligible for individual funding businesses should:

• be financially viable*
• be a tradeable service**
• be based in Victoria have a commitment to innovation and/or potential for export/import replacement
• have management strengths
• be committed to strategic planning and growth

*In order to assess financial viability businesses are required to provide a financial report for the last two financial years.

**Tradeable Services
A business that falls under the definition of tradeable services include manufacturers (as indicated by the ANZSIC classification system) and service firms, showing they face import competition, are exporting or have the potential to export or internationalise their business operations in other ways.

How to Apply

Contact a Centre Business Officer
at your nearest  Victorian Government Business Office (apart from the CBD office)