APRIL 2016
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Welcome to BizWest's first newsletter

Council's Economic Development Unit have been working towards establishing regular and widespread communication with businesses throughout the municipality, potential start-ups and prospective investors seeking opportunities.
BizWest will provide you with current information for businesses, links to grants and business loans and innovative ideas to help your business prosper. The publication can also be used to advertise vacant positions in your business.
Please share BizWest amongst your employees, other businesses across the region and and anyone who might be interested in relocating to West Wimmera. The publication will be distributed bi-monthly.

Future Industries Fund

The $200 million Future Industries Fund supports high growth industry sectors that are critical to securing Victoria’s future as a competitive, innovative and outward looking economy.


The State Government has identified six industry sectors that have potential for
extraordinary economic growth and the capacity to create high-skill, high wage jobs.
These include:
• Medical Technologies and Pharmaceuticals
• New Energy Technologies
• Food and Fibre
• Transport, Defence and Construction Technologies
• International Education
• Professional Services.
 
The Future Industries Fund will support companies in these sectors to compete in the global marketplace through three separate grant programs. These are:

• The Manufacturing Program
• The Sector Growth Program
• The New Energy Jobs Fund.

Companies can apply for grants to support projects that create new jobs and stimulate industry investment.
 
Who can apply?
Applications are sought from Victorian-based companies with a minimum three years trading history that intend to invest in new manufacturing technologies and processes that will:
• Generate sustainable new local jobs, including high-value jobs
• Improve productivity and competitiveness
• Target new growth opportunities.
For more information, visit www.business.vic.gov.au/futureindustries or call Business Victoria on 13 22 15.

New tool helps Victorians save money on power Bills
Small businesses can save money on their energy bills with the recent launch of a new independent online comparison tool Victorian Energy Compare.
Launched by Minister for Energy Lily D’Ambrosio, the tool allows small businesses to upload their smart meter data to find the best generally available offer for their business.    
With 62 per cent of small business owners worried about their next bill and figures showing that the average quarterly business expenditure on electricity is $1,056, small business owners are advised to regularly review their energy bills to make sure they aren’t paying too much.

To find the best deal on energy small business owners should contact their energy distributor or retailer to find out how to access their smart meter data and then visit www.vic.gov.au/victorianenergycompare.  
 

Considering buying a business?

Ensure the business you buy is a worthwhile investment

Before you buy an existing business, there are a host of factors to consider. Have you ascertained the strengths and weaknesses of the business?

Have you conducted financial due diligence? Have you thoroughly researched your industry? And most importantly, do you have the skills, financial security and passion to make the business a success?

Have a squiz at some more biz...
Grants Finder

If you are looking for financial support, advice or education and training programs to help you improve your business, the State Government can assist through a range of funding and support services.

These services can cover all aspects of your business, from research and development to management and export.

To discuss which grants or assistance are most suitable for your business, contact your local Victorian Government Business Office or visit www.business.vic.gov.au/grants-and-assistance.
Remplan Economic Data

Your local economy at a glance


The Remplan economic profile is a valuable resource for local businesses, prospective new residents and potential investors in the region.
It provides important information about key facets of our region in an economic modelling tool that is universally accepted and recognised throughout Australia. 

Businesses are encouraged to use this tool by linking it to their website. 


www.economicprofile.com.au/westwimmera
Quotes


“Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending” Anonymous


“In customer service your job isn't to smile, it's your job to put smiles on other peoples faces." Jurek Leon
Copyright © 2016 West Wimmera Shire Council, All rights reserved.


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