The State Government's new Business Local service has generated $16 million in extra turnover and helped create nearly 160 new jobs in its first six months of operation.
Small Business Minister Joe Francis welcomed the outstanding results achieved by the new service now in place across the State.
Business Local was introduced by the State Government's Small Business Development Corporation in July 2015 to provide experienced business advisers in metropolitan and regional locations, replacing the previous Small Business Centre program.
Mr Francis said that unlike the Small Business Centre program which had high infrastructure and administration costs, Business Local directed 90 per cent of its funding to services that directly benefited small business owners.
"I am pleased to see the shift has resulted in a 66 per cent increase in the number of advisers available to small businesses throughout the State," he said.
"In the first six months of service, Business Local advisers have seen almost 3,000 individual business clients, with outstanding results.
"Many of those clients have acted on the advice they've received, resulting in more than $16 million in extra turnover and the creation of nearly 160 new jobs.
"When extra turnover, capital investment and job creation is aggregated, it's clear Business Local is generating a positive economic impact which, to date, is estimated to be in the order of about $25 million.
"By redirecting the Government funding away from bricks and mortar and administrative staff towards highly qualified and experienced business advisers, the Business Local service is now delivering outstanding results for business owners, local communities throughout the State and the taxpayer."
The Business Local advisory service replaced the Small Business Centre program on July 1, 2015
90% of Business Local funding goes to front-line advisory services
Minister's office - 6552 6500