Applications for Round Two of the Territory Government’s Small Business Pivot Grants are now open to local businesses.
This grant is part of a new suite of business support and training programs to help businesses recover, rebound and grow beyond COVID-19.
The Business Pivot Grant supports Territory small businesses improve their digital capabilities. This may include incorporating e-commerce and other digital solutions to improve visibility and profitability.
Grants of up to $10,000 are available on a 50:50 co-contribution basis for businesses to improve and pivot their business to adapt to new markets.
Eligible small businesses can use the grant funding to:
· Purchase new digital equipment, technology or software.
· Engage a consultant to improve their digital capabilities.
· Make physical improvements to their business premises.
· Undertake future skilling.
Service Providers that would like to provide a service under the Business Pivot can now register their interest at nt.gov.au/business-pivot
Businesses wanting to access funding and support under the Business Pivot Grant Program, can do so from today.
For more information about the Enhanced Pivot Program visit www.nt.gov.au/business-pivot
Quotes attributable to Minister for Small Business, Paul Kirby
“When Covid hit we acted quickly to save lives and save jobs – now we’re helping Territory businesses adapt to the new economy.”
“We will keep backing Small Businesses because they are our job makers and these grants will help Territorians improve their businesses and adopt new technology to grow.”
“139 businesses accessed round one of the program with over $820,000 in grant funding approved.”