Plans to boost business

'Special contributions' from Andrew Barr.

‘Special contributions’ from Andrew Barr.

ANDREW Barr has announced a plan of works to help Canberra’s private sector through the current gloom.

All up he’s put together a $4.4 million package.

“The Supporting Local Business Fund provides $150,000 to extend and target advisory services to small local businesses seeking to respond to the changing business environment. It will fund the provision of advice in areas such as human resources, business model realignment, change management and new opportunity development,” Andrew said.

“A further $150,000 has been committed to the Private Sector Transition Fund which will provide advisory services and support to assist public sector employees to transition to the private sector and assist them to create new local businesses while also helping to ensure their skills and resources remains in the Territory.

“The funding would extend existing business program support and include workshops on business planning, business model development, legal, marketing, HR and industrial relations skills.

These new programs will link closely with existing advisory and entrepreneurship programs and the CBR Innovation Network which I announced in April 2014.”

Other parts of the package include.

  • A further $800,000 for Brand Canberra.

  • A further $100,000 to support the Business Development Strategy
  • Invest Canberra will also receive $100,000 to target initiatives to promote their investment facilitation services

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