Published on Aug 24, 2015
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Small and micro businesses looking to expand operations by employing additional staff are eligible for a $2,000 grant under the NSW Government’s Small Business Grant.
The Office of State Revenue is rolling out a series of free seminars that provide an opportunity for businesses to learn about the grant and how they can implement it for the benefit of their operation. The Small Business Grant Roadshow will make a Cessnock pit stop on 25 August 2015.
Cessnock City Council Economic Development Manager Jane Holdsworth said the scheme is very relevant to businesses within Cessnock City.
“Our research indicates the overwhelming majority of businesses in our LGA are either micro or small businesses,” Ms Holdsworth said.
“The businesses capability study we undertook in 2014 showed nearly 2,000 businesses-that’s 94 percent of businesses that participated-employed less than 20 people. That means there are a lot of businesses out there with the potential to expand.”
Ms Holdsworth said hiring additional employees can not only help a business grow, but it can also expand the local economy.
“Our economic modelling shows that, for example, adding just one new job in the Administrative & Support Services sector can increase total output in our LGA by up to $343,000,” Ms Holdsworth said.
“Multiplier effects also show that new jobs create more jobs. As one person’s wage is added to our economy and spent on local products and services, the knock-on effect is that more people need to be employed to service the increased demand.”
Ms Holdsworth said programs supporting employment and business growth provide ongoing sustainability for the Cessnock City economy.
“About two thirds of businesses in our LGA have been in business for more than five years,” Ms Holdsworth said.
“Businesses that have reached that level of maturity might be looking for opportunities for growth. Taking advantage of the different grants and free advice on offer is a great way to make a plan to realise those aspirations.”
Attend a seminar
Parliamentary Secretary for the Hunter, Scot MacDonald MLC has welcomed the commencement of the incentive scheme.
“The Small Business Grant scheme will provide a strong incentive for businesses to employ new workers and will encourage employers to expand their operations in the Hunter,” Mr MacDonald said.
Free local information sessions on the scheme will be held across the Hunter at locations listed below, registration is not required and finger food will be provided.
Date: 25th August 2015
Venue: Cessnock Ex-Services Club, 201 Vincent Street, Cessnock
Date: 25th August 2015
Venue: Maitland District Leagues Club, 24 Bulwer Street, Maitland
Date: 26th August 2015
Time: 1pm & 5pm
Venue: Newcastle Panthers, Cnr King & Union Streets, Newcastle
Find out more about the Small Business Grant Roadshow, including alternative seminar dates and locations, at the Office of State Revenue website.
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