Digital Jobs Business Host
Does your organisation need talented people with digital skills?
Hosting a Digital Jobs participant is a great way to fast-track recruitment for digital roles and increase diversity in your digital team. Digital Jobs is a nation-leading program upskilling 5400 talented mid-career Victorians to transition into high-demand jobs in the digital economy.
Participants are over 30 years of age, come from diverse backgrounds and have experience in a wide range of sectors. With newly acquired digital skills, demonstrated aptitude, and transferable skills from their previous careers, participants can make a valuable and immediate contribution to your business
For more, click here.
GrantGuru
Wodonga Council has partnered with AlburyCity to establish Grant Guru for our community under the Two Cities One Community and Invest AlburyWodonga banners.
This is a joint initiative that enables business and community groups to search local, state and federal grant opportunities in one place. The platform will provide you with the guidance, support and framework on how to apply and get the most out of your business, committee, activity or event.
For more information, click here.
Industry Growth Program
The program provides an advisory service for startups and small and medium enterprises (SMEs) undertaking innovative commercialisation and/or growth projects that are within the priority areas of the Australian Government’s National Reconstruction Fund (NRF) and help build Australia’s manufacturing capability for the future.
Eligible businesses will be connected with an Industry Growth Program Adviser. The Adviser will provide specialised advice to support your commercialisation and growth opportunities and priorities. Once you have received this advice, you may choose to apply for:
- grants of $50,000 to $250,000 to support early-stage commercialisation projects
- grants of $100,000 to $5 million for commercialisation and growth projects.
For more information, click here.
Research and Development Tax Incentive
The Research and Development (R&D) tax incentive program is the Australian Government's most significant lever for funding innovation and R&D. It plays a pivotal role in shaping the nation's economic future and bolstering Australia's global competitiveness. The program encourages companies of all sizes to undertake R&D activities they might not otherwise.
The ATO and the Department of Industry, Science and Resources (DISR) jointly administer the R&D tax incentive. Your R&D activities must be registered with DISR before claiming the tax offset.
For more information, click here.
Small Business Energy Incentive
The small business energy incentive is designed to help businesses improve energy efficiency and save on energy bills.
Businesses with an aggregated annual turnover of less than $50 million will have access to a bonus 20 per cent tax deduction for the cost of eligible assets and improvements that support more efficient use of energy. The incentive applies to eligible expenditure on assets between 1 July 2023 and 30 June 2024 (the ‘bonus period’).
For more information, click here.
Small Business Export Loan
Export Finance Australia are offering their Small Business Export Loan is for businesses that need to borrow $20,000 to $35,000. This financing can be used for contracts and purchase orders, export market development, general working capital, equipment finance, tourism services and online businesses.
For more information, click here.
Small business income tax offset
The small business income tax offset (also known as the unincorporated small business tax discount) can reduce the tax you pay by up to $1000 each year.
The offset is worked out on the proportion of tax payable on your business income.
For more information, click here.
Small Business Technology Investment Boost
Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20 per cent tax deduction to support their digital operations and digitise their operations.
The boost applies to eligible expenditure incurred between 7.30pm AEDT on March 29, 2022 and June 30, 2023. The boost is for business expenses and depreciating assets and is capped at $100,000 of expenditure per income year. You can receive a maximum bonus deduction of $20,000 per income year.
For more information, click here.