This program is to help eligible businesses be in a stronger position to respond to competition and grow into globally competitive businesses through utilising new technologies.
The objectives of the program are to:
- assist small businesses to access the latest digital technologies to increase their productivity and competitiveness
- enable small businesses to employ more staff and grow to medium-size businesses
- provide access to training to allow small business to use new technologies more effectively
- generate improved business confidence and increase business sustainability
- enable regional small business to expand their market reach through an online presence
- assist small businesses to work smarter, be more innovative and work fewer hours
- create an environment that makes it easier to do business.
Matched funding of up to $10,000 (excluding GST) may be provided for the purchase of hardware, software and services - such as digital coaching. The minimum grant funding amount is $1,000. The business must show that the digital technology or service purchased and adopted will enhance the digital capabilities of their business and help them to be more competitive and employ more staff.
The digital technology or service must fall under one of four identified priority areas:
- content development (web pages, mobile apps, visual and audio media etc.)
- receiving payments or selling online
- specialised digital technology or software (business specific)
- digital planning, marketing strategy development and training.
The business must be in a financial position to pay for the approved product/s and or service/s in full before being reimbursed for the grant amount.
In addition to meeting the eligibility criteria, applications will be prioritised on:
- the impact the digital technology or service will have on the business (measured by revenue growth, increase in gross profits, time savings and employment outcomes)
- the extent to which the digital technology or service will enhance the digital capabilities of the business to make the business more competitive
- the potential and likelihood the activity will deliver jobs growth
- value for money.
Payments will be made directly to the business when:
- the project has been completed
- the department has accepted your final acquittal report (which includes proof of payment)
- a valid tax invoice has been received