The New South Wales State Government is encouraging small and medium businesses impacted by COVID-19 to register for its Business Connect program, following a $14 million funding boost. 

The Business Connect program supports businesses to start and offers a range of advise and skills development events to help businesses across the state stay resilient and grow. 

Minister for Finance and Small Business Damien Tudehope said the additional funding would help bring on 30 new advisors. 

"We want to provide the help our businesses need to get out the other side of this pandemic. 

"As part of this funding boost we’ve allocated $4.6 million to engage an additional 30 advisors to support businesses, on top of $9.8 million to ensure the program continues for another 12 months.

"Business Connect is a powerful tool, with advisors having assisted more than 28,000 businesses over the past three years, providing advice and skills training for small businesses.

"Business owners have reported increased confidence, stronger finances, and developed plans for their business.

"We’ve also seen these businesses create and support more than 15,000 additional jobs since 2017.

"And now Business Connect will be here to assist small businesses during this tough time with the support and information they need," he said. 

Treasurer Dominic Perrottet added the funding would support the program until June 2021, giving NSW businesses the tools they need to stay in business, rethink their model and boost their digital presence.

"Business Connect was on the front foot, rolling out targeted support and Small Business Bushfire Information Sessions in regional areas following the recent bushfires. 

"As a result of COVID-19, more than 60 webinars are available through Business Connect to support businesses in developing a road map for success and managing cash flow amid challenging conditions.

"In addition, a series of COVID-19 Business Information Session webinars with representatives from various government agencies will be rolled out soon, to provide information about stimulus and support initiatives.

"Businesses impacted by COVID-19 and bushfires will be able to access the webinars and receive advice free-of-charge," he said. 

The additional 30 advisors will be funded through the new Working for NSW Fund.

comments powered by Disqus