Grants to create and grow small businesses in Adelaide’s north
Thursday, 22 September 2016
More than $680,000 in State Government grants will support five start-ups in Adelaide’s north and help nine existing small businesses grow their operations, creating jobs in the region.
The grants are through round two of the State Government’s $10 million Small Business Development Fund, which supports small businesses and start-ups in the Playford, Port Adelaide Enfield and Salisbury council areas.
Five new small businesses will share in $100,000 through Start Up Grants:
- Confident Kids Child Care and Early Learning - $20,000 to establish a new child care centre for up to 106 children.
- Drummer Boy Café - $20,000 for a new café in St Vincent Street in Port Adelaide.
- Link4 Australia - $20,000 to create a new technology business that provides cloud invoicing services.
- Supremacy Windows & Doors - $20,000 for a new business that will manufacture aluminium windows and doors.
- Taylor Your Home & Garden - $20,000 for a new home and garden maintenance business.
Nine existing small businesses will share in $582,577 through Expansion Grants:
- Bowe Pty Ltd - $61,000 to purchase industry leading equipment to increase output of fresh fruit and vegetable processing.
- Castech - $100,000 for the foundry to purchase additional plant and equipment to accommodate increased demand for high quality castings.
- GPaxis Prospect Pty Ltd T/As Prospect Rd Day Night Clinic - $82,500 to increase the medical practice’s operating hours and offer additional health services such as after-hours GP, psychologist, physiotherapist and podiatrist.
- Normetals Pty Ltd - $16,077 to increase the customer base of the business, which broadly encompasses scrap metal, waste paper, new and used steel, chain and associated marine equipment and specialised pipe.
- Omega Prestige Coaters Pty Ltd - $42,500 for the business, which specialises in powder coating a large range of metal products, to acquire a state-of-the-art dry off oven that will speed up dry off times from one day to one hour.
- Playford Precast - $85,000 to expand the business by developing a new concrete precast wine vat for the wine industry.
- Superior Stainless Australia - $20,500 to purchase a larger guillotine which will enable the steel fabrication business to take on additional work.
- Technical Urethanes - $75,000 for the business, which manufactures moulded polyurethane components, to acquire assets and new customers.
- U Pull It - $100,000 for South Australia's largest self-serve auto dismantler and recycler to expand production capacity at its Elizabeth site to process more materials.
The $10 million Small Business Development Fund gives businesses in Adelaide’s north the opportunity to apply for financial support through two dedicated grant programs over three years.
Of the total funding:
- $4 million is for Start Up Grants to support the creation of new small businesses in northern Adelaide, with grants of up to $20,000 available.
- $6 million is for Expansion Grants to support business expansion and job creation in northern Adelaide with grants between $10,000 and $100,000 available.
The Small Business Development Fund is part of The Northern Economic Plan which has been developed by the State Government in partnership with the Playford, Salisbury, and Port Adelaide Enfield Councils, along with industry, businesses and the community.
The plan is a blueprint for a prosperous northern Adelaide, focused on creating jobs and empowering local communities. For more information about the Northern Economic Plan visit www.looknorth.com.au
For more information about the Small Business Development Fund visit www.statedevelopment.sa.gov.au/industry/smallbusiness/small-business-development-fund
Quotes attributable to Small Business Minister Martin Hamilton-Smith
Ninety eight per cent of South Australia’s businesses are small businesses and the State Government is committed to supporting start-ups and existing small and family businesses to grow.
The Small Business Development Fund assists small businesses and people considering starting a business in northern Adelaide to grow and realise their potential, create sustainable jobs, respond to industrial change and strengthen connections with Government.
This funding will increase the rate of business start-ups and entrepreneurship and support business transformation through investment. It is one of a range of new initiatives to drive economic and social transformation of the region in response to challenges likely to be faced by closure of General Motors Holden in 2017.
Quotes attributable to Manufacturing and Innovation Minister Kyam Maher
The $10 million Small Business Development Fund is a key element of the State Government’s $24.65 million investment through the Northern Economic Plan to drive economic and social transformation in Adelaide’s north.
This major investment, along with the strong partnerships forged with the local councils, businesses, industries, and the community during the Plan’s development phase, will help to spark economic and jobs growth in the region.
The new initiatives as part of the Plan also include $7 million to attract anchor tenants to the Northern Adelaide Food Park, $4 million for a new Disability Employment Hub, $2 million to support an alliance of businesses in Adelaide’s north to trial electric/diesel bus prototypes, and $500,000 to establish an advanced modular construction industry alliance in the region.