First Small Business Development Fund recipients announced
Thursday, 28 July 2016
en northern Adelaide-based start-ups will share in grants of $159,000 to help make their business dreams a reality, while two established businesses will share in a total of $120,000 to expand their operations and create jobs.
The first Small Business Development Fund (SBDF) grant recipients will be announced this morning in front of the 100 northern small business owners and operators registered to attend an information session on the $10 million SBDF and accessing start-up and expansion grants.
Minister for Small Business Martin Hamilton-Smith will be joined at the event by City of Salisbury Mayor Gillian Aldridge. They will highlight the importance of small business to the South Australian economy and in particular, to the future of northern Adelaide.
Established as an initiative under the State Government’s Northern Economic Plan, the SBDF is available exclusively to small businesses and start-ups in the Playford, Port Adelaide Enfield and Salisbury council areas.
The Northern Economic Plan has been developed by the State Government in partnership with these councils, along with industries, businesses and the local community. The Plan is a blueprint for a prosperous northern Adelaide, focused on creating jobs and empowering local communities. More information about the Northern Economic Plan is available at www.looknorth.com.au
Northern Adelaide is home to nearly 17,000 small businesses and $4 million in start-up grants will support the creation of up to another 400.
Additionally, $6 million in business expansion grants will help create multiple ongoing jobs to achieve the State Government’s target to grow employment in the region by 15,000 to 165,000 by 2025.
Quotes attributable to Small Business Minister Martin Hamilton-Smith
Small businesses are significant employers in this state and we are providing substantial support to them during the transition of our economy. The State Government also values and encourages innovation and entrepreneurship and we are keen to support great business ideas get off the ground through these grants.
I congratulate the wide range of small businesses and entrepreneurs who were successful in the first round of the Small Business Development Fund and commend them for actively seeking avenues to grow small business and create ongoing jobs in northern Adelaide.
As the Minister for Small Business I am committed to making this state the best place in Australia to do business. The Small Business Development Fund is just one State Government initiatives that promises results and incentives for those who set-up or expand in South Australia.
Along with payroll tax rebates and simpler procurement provisions when tendering for government work, the funding initiatives are designed to help small businesses thrive and grow, creating jobs, particularly in northern Adelaide.
Quotes attributable to City of Salisbury Mayor Gillian Aldridge
The Small Business Development Fund is a great example of the positive partnership between local and state government designed achieve real, tangible outcomes for northern based businesses and the wider community.
Full list of grant recipients
Start-Up Business Grants
Dial A Resume
Dry Creek Paint N Panel
Lyon Facility Maintenance
Mental Health Partners
Nature Australia Healthy Living
Business Expansion Grants
Accent Wine Packaging