The Department of Industry, Innovation and Science is to give an $18 million “reboot” to its Australian Small Business Advisory Services (ASBAS) so it can focus on building digital capabilities for family and small businesses.
Minister for Small and Family Business, Craig Laundy said the Australia-wide program would provide businesses with high-quality advice from proven providers for a minimal fee.
Mr Laundy said the aim was to help the businesses create jobs, harness opportunities and grow in the digital economy, with a major focus on regional areas.
“Research shows small businesses that are digitally engaged are more likely to grow their revenue and up to eight times more likely to create new jobs,” Mr Laundy said.
He said the funding would be provided through the ASBAS.
“We know small business operators are busy people who sometimes struggle to adopt new technology.
“We also know how critical it is for them to keep up with technological change, which is why we have refocused ASBAS support away from general business advisory services to target digital capabilities.”
Mr Laundy said the Small Business Digital Taskforce found only one in five small businesses had a digital business strategy.
“That is why we are giving them the skills and confidence they need to embrace digital opportunities,” he said.
“Three major providers will share a total of $18.02 million.”
The Minister said the chosen suppliers would work with smaller providers where necessary to deliver services to businesses in every State and Territory.
