Group Programs encourage smaller businesses to develop management skills and competencies that support long term growth. Participation in Group Programs enables businesses to develop better business practices and processes, and to share challenges, experiences and insights.
At a Glance
Potential grant funding
75 per cent of total project cost up to $15,000.
To be considered for funding, participating businesses must be Victoria-based businesses, with at least 12 months of trading history, be financially viable and be a tradeable service.
To see if your program is eligible, contact a Business Development Manager through your local Victorian Government Business Office.
Programs are organised by an auspice body dealing with the Department. An auspice body may be a Council, Industry or Business Association, or any approved organisation that is incorporated and financially sound.
Auspice bodies can apply for a grant of 75 per cent of the cost of the program, up to a maximum of $15,000.
The Group Program consists of a subsidised workshop for groups of 5 - 15 participating businesses, organised on a sectoral or regional basis, with a particular business development focus. Examples include: diagnostics, business planning, finance, or marketing exports.
The Group Program also involves a component of 'one on one' time between the business and consultant. This individual time should be approximately 6-8 hours, making the total program time 20-23 hours per business.
Note: Group Programs must be completed within 3 months of the approval date.
To be eligible, businesses participating in Group Programs must:
- be financially viable*
- be a tradeable service **
- be based in Victoria
- have 12 months' trading history
- have a commitment to innovation and/or potential for export/import replacement
- have management strengths
- be committed to strategic planning and growth.
* Financial Viability
Grow Your Business guidelines state businesses participating in a Group Program should have turnover (sales) in excess of $250,000. It is the responsibility of auspice bodies to ensure this criteria is met. Failure to do so may result in the withdrawal (or part thereof) of funding.
Grow Your Business Group Program applications for funding greater than $10,000 (except from Local Councils) must include Final Accounts for the previous two (2) Financial Years, plus Interim Accounts if the Final Accounts are more than six (6) months old.
All information provided in a Grow Your Business application is treated as Commercial-in-Confidence.
** 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.
Businesses that are not considered to be a Tradeable Service include but are not limited to:
- sporting clubs
- professional associations
- business/trader associations
- charities or not-for-profit groups
- registered training organisations (RTOs)
What you need to have before applying check list:Grow Your Business applicants are required to attach the following documentation to the application form as part of their submission:
- a copy of the successful consultant’s proposal
- correspondence from the applicant engaging the consultant to undertake the proposed work.
How to apply
Applications are submitted online.