It’s a great day for a supply chain grant

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A facilitator for the Federal Government Entrepreneur’s Programme painted an attractive picture today for companies looking to make their supply chain more productive and competitive.

Mike Goodman Podcast interview, Mike Goodman confirmed that a $400K improvement program is a potential scenario for buyers who can rally up 10 small to medium (SME)suppliers willing to match a $20K grant dollar for dollar. That buyer doesn’t have to be an Australian company either.

Mike is contractor by the NSW Business Chamber to deliver government-funded supply chain improvement projects, provided at no financial cost to buyers and their Australian SME suppliers.

The Federal Government Entrepreneur’s Programme is a national initiative that aims to grow the Australian economy by making SMEs more productive and competitive. The service has been running since mid last year (loosely based on a similar, very successful program that had been running for 5 years or so). Over the past 7 years, Mike and his colleagues have helped thousands of SMEs improve their business.

The program offers four key areas of support:

  • Strategic Business Evaluations – A business adviser works with an SME owner to assess the company, its aspirations and key challenges. The adviser provides a detailed report and action plan, along with access to a $20K (dollar-for-dollar) grant. Some businesses can get further ongoing support and access to an additional grant further down the track.
  • Innovation Connections – A facilitator provides SMEs with free advice and potential access to grants for research activities that solve technical challenges or help with new commercial opportunities (a $50K dollar-for-dollar grant, with potential for an additional $50K after the initial study is performed)
  • Accelerating Commercialisation – advisers provide guidance and access to grants to help commercialise new ideas, products and services
  • Supply Chain Facilitation – (detailed below) these include a $20K dollar-for-dollar grant for eligible SME suppliers

Under the Supply Chain Facilitation services, Mike and his team spread throughout Australia work with Buyers to explore and identify areas where they might be able to drive improvements with their suppliers , then work with eligible SME suppliers to assess their business and recommend improvements. This could be resolving operational issues, or more strategic, such as building supply chain capability for a new export growth opportunity.

Part of the improvement program could be training staff to more closely align with business requirements. In a previous blog we outline the funding available to assist suppliers to train their people under the Industry Skills Fund.

For more information, contact Mike Goodman on 0405 337 306.

 

 

 

 

 

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Accessing training funds will get you on the Government’s radar

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Act now to showcase your organisation’s growth by accessing training funds and you will get onto the Federal Government’s radar for potential future funding.

This was the compelling advice given to our supply chain community this week during an exclusive apicsAU Thought Leader Series podcast interview with an Industry Skills Fund Adviser.

The topic of our podcast addresses accessing funding for training to fill skills gaps in supply chain and logistics but the message was clear: no matter the size or industry, your organisation will benefit if you apply for the funding, if nothing else but to “get onto their books” now.

The Industry Skills Fund, provided by the Department of Education & Training is a key element of the Australian Government’s strategy to boost business productivity and increase competitiveness across the economy. Companies can be reimbursed for their training costs by up to 75 cents in the dollar, depending on their organisation’s headcount or location, if evidence of a growth phase and technical skills gaps are identified and proven.

Our Corporate Partners have access to our free competency model which outlines skills required for each supply chain, procurement and logistics role, helping identify gaps.

And a highly skilled workforce that is able to adapt to rapid technological and structural change and to meet new business opportunities is a priority for Australia.

The podcast is a must-download for any business as a first step in the process of accessing this funding. Help is provided (skills advice and training grants) particularly to micro and small business, so they can continue to power the engine room of the Australian economy.

If you are looking to upskill and train employees to meet the future challenges, there is an upcoming Symposium, Navigating Your Supply Chain into the Future,  which is a must-attend one day event in Melbourne on 19 October and Perth on 24 November 2016.

apicsAU is at the forefront of changes for your supply chain. We are a premier non-profit, professional membership community providing leadership and innovation, education and training and professional development for the Australian supply chain, procurement and logistics community. apicsAU membership includes corporate partnerships and individual memberships.

APICS short courses, certifications and endorsements provide a specific solution to filling skills gaps in the supply chain.

The Government website for the Industry Skills Fund provides the first step in the application process. Now, over to you!