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Business Evaluation


Business Evaluation provides an analysis of your business by an independent business adviser. They’ll help you develop an action plan to increase your ability to trade in Australia and/or other markets.
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Application detail:

You can apply at any time.

 

What do you get?

A broad review of your business, an action plan and support from a mentor for up to 1 year. You'll also have the opportunity to then apply for funding to action the adviser's recommendations.

Who is this for?

A business in a specified growth sector who wants assistance to grow and enter new markets.

Overview


Business Evaluation is a part of Business Management, which in turn is an element of the Entrepreneurs’ Programme.

Business Management provides access to a national network of experienced business advisers and facilitators. They will work with you to improve your business practices, become more competitive, and take advantage of growth opportunities.

With a Business Evaluation you’ll get access to a skilled business adviser who will:

  • come to your business premises to gather information
  • analyse your business using industry knowledge and diagnostic tools
  • do further research and analysis away from your business
  • prepare a tailored action plan to increase your ability to trade in Australia and/or other markets
  • coach and mentor you for up to 1 year

With their support you can:

  • build skills for your business
  • find opportunities for growth
  • ensure you’re able to continue improving your business after the service ends
  • help you action the recommendations from your action plan
  • connect with other organisations for help

Once you’ve received your Business Evaluation plan, you may be eligible for a Business Growth Grant. This grant will help you fund the recommendations in your action plan. 

Eligibility


What are the eligibility criteria?

You must:

  • have an Australian business number (ABN)
  • be registered for goods and services tax (GST)
  • have filed business activity statements showing ongoing trading in Australia, for at least 3 consecutive years
  • have the intent and opportunity to engage in or increase trade in Australian or overseas markets

Your business must also be one of the following:

  • an incorporated company
  • an incorporated trustee applying on behalf of a trust

Your annual turnover or operating expenditure, in the current or one of the two past financial years, must be either:

  • between $1.5 million and $100 million
  • between $750,000 and $100 million if you’re located in remote Australia or northern Australia

You must also meet one of the following criteria:

  • be already operating in one or more specified growth sectors
  • have intent and ability to operate in a specified growth sector
  • provide enabling technologies or services to a specified growth sector
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Applying


How do you apply?

Submit your application using our online portal.

The portal allows you to apply for and manage a grant or service in a secure, online environment. You’ll need to sign in or set up an account.

Apply for Business Evaluation now

If you’re confident you are eligible and ready, you can apply through our online portal below. Make sure you:

  • read the grant opportunity guidelines
  • understand the eligibility requirements
  • have the time and capacity to work with your adviser
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  • Need help?

  • Contact us for help with your application or to find out more.

  • Monday – Friday, 8am – 8pm across Australia

Customer stories


We’re proud of the funding we’ve provided to support Australian businesses. Learn about some of our previous customers and how a Business Evaluation has helped them.

Entrepreneurs’ Programme


Business Evaluation is part of the Entrepreneurs’ Programme. It aims to help businesses to:

  • improve their growth capabilities and networks
  • engage with researchers
  • foster innovation
  • encourage commercialisation of novel products, processes or services

Key documents


Business Management – Grant opportunity guidelines