Gordon Hill

Gordon Hill

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    Launch of 'accelerator package' to help small business

    2/10/1992 12:00 AM
     
     
    The State Government has launched an 'accelerator package' to provide incentives and assistance for small to medium businesses.
     
    The new Minister for Small Business, Gordon Hill, announced the package today at the start of Small Business Month.
     
    He said the package was designed to ensure that small to medium businesses were in a position to benefit from the economic activity generated through the WA Advantage strategy.
     
    It would:
     
    ·         include a Government subsidy for proprietors to participate in the Business Health Assessment program, to identify critical strengths and weaknesses in the business;
    ·         provide a training package to educate recipients of redundancy payments on what is involved in starting and running a business;
    ·         include staging a business opportunities expo in Perth - probably toward the middle of next year - to inform people of viable self-employment opportunities in small business;
    ·         provide information to retail lessees and landlords about the protection provided by the Commercial Tenancy (Retail Shops) Agreements Act;
    ·         create a small business management incentive scheme to encourage operators to improve their management skills and therefore their capacity to obtain adequate finance;
    ·         provide an incentive for tertiary students and graduates to do research and business planning on behalf of small business, and -
    ·         revamp the Small Business Guarantee Scheme.
     
    Mr Hill said the accelerator package followed the opening recently of the Business Licence Centre, a one-stop information centre operated at the Small Business Development Corporation's premises.
     
    "The accelerator package and Small Business Month provide the opportunity for small to medium enterprises to increase their expertise and skills," he said.
     
    It is the ninth annual event staged for small to medium businesses.