Get funding to grow your business
If you’re ready to start growing your small business – whether you’ve been operating for a while and you’re in need of a boost, or you’re just starting out – meeting with a business planning specialist is a great first step.
Unfortunately, all too common for businesses in this situation, is a lack of time and funds to make this happen. Not only is it hard to time time to step away from the day to day running of your business, the cost of getting professional business advice may be a barrier. That’s where the Regional Business Partner Network can assist.
What is the Regional Business Partner Network?
Regional Business Partners (RBP) was created by New Zealand Trade & Enterprise. It is a network of Growth Advisors who take a bird’s eye view of your business and help you connect with the right professionals (eg, Business Planning experts like us) and resources so you can build capability and grow.
Funding from the RBP Network
While any business can register with RBP Network and meet with a Growth Advisor, they may also be able to offer government funding to contribute toward the cost of this service. The Capability Voucher Funding helps business owners to access business training and coaching services, by providing up to a 50% subsidy towards the service cost.
The first step is to meet with one of the registered RBP Growth Advisors to discuss your business. Where there is a management capability need identified that could be addressed by undertaking training, the Growth Advisor may issue a Capability Voucher to the business.
Eligibility for government funding
To access co-funding of this service in the form of a Capability Voucher, your business must meet the following criteria:
- Have undergone an assessment with a Regional Partner (Growth Advisor)
- Have fewer than 50 full time equivalent employees
- Be registered for GST in New Zealand
- Be operating in a commercial environment
- Be a privately owned businesses, or a Maori Trust or incorporation under the Te Ture Whenua Maori Act 1993 or similar organisation managing Maori assets under multiple ownership.
We are a registered RBP service provider
The Accounting Hub is a Regional Business Partner service provider, offering Business Planning services. If your Growth Advisor recommends implementing a business plan as part of your growth strategy, and you fit the eligibility criteria above, you could receive funding for 50% of the cost of your business planning service.
How we can help grow your business
We can help you put a business plan in place. This in turn helps you identify the critical challenges and opportunities in your business and create an action plan to help deal with these factors.
Importantly the process of creating a business plan eliminates a common factor in business – procrastination.
Here’s what our last customer posted about our business planning service:
5 stars. The Accounting Hub provided us with a solid framework to set realistic financial goals and track key performance indicators.
Contact us for more information on Business Planning and the Regional Business Planning Network.