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Qld small businesses to benefit from $1.2m in funding.



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The Hon Fran Bailey MP Minister for Small Business and Tourism

Media Release

2 April 2007

QLD SMALL BUSINESSES TO BENEFIT FROM $1.2M IN FUNDING

An initiative to provide training and mentoring workshops to young operators in the creative industry export sector is one of five Queensland projects to receive $1.2 million in funding to help improve business performance.

The Minister for Small Business, Fran Bailey, announced the funding under the Government’s Building Entrepreneurship in Small Business program.

Creative Economy Pty Ltd has been offered funding of $290,660 to provide practical business skills to more than 400 young entrepreneurs.

The project will incorporate businesses working in creative industries export sectors such as digital content, design, music, fashion, publishing and production.

The 'Yes' (Young Entrepreneur's Success) project will be delivered by a team of business professionals who will share their 'real world' expertise and experience in law and intellectual property, finance and accounting, product development,

entrepreneurship, business development and marketing.

“The project involves workshops, group and one-on-one mentoring, as well as improving IT skills through online networking,” Fran Bailey said.

Successful projects were targeted at young entrepreneurs and addressed particular areas of need to help small businesses improve.

“The Building Entrepreneurship in Small Business program is part of the Government's strong support for Australia's 1.88 million small businesses. It gives practical skills to small business owners to help them do what they do best, creating jobs for Australians," Fran Bailey said.

Nationally the 39 projects have been given funding totalling $8 million for training and mentoring, succession planning and business incubators.

Media contact: Kevin Lowe 02 6277 7450 0408 404 468