Helps WA small business owners access professional services that support the growth and development of their business.

The Small Business Growth Grants Program (the Program) is a WA Government business support initiative to help WA small and medium businesses to develop, grow and expand. The Program has been created to support eligible established small businesses operating in Western Australia who are seeking to grow their business to improve business performance, sustainability, and profitability.

Funding to a maximum of $10,000 per applicant in the form of a voucher will be provided to co-fund the costs of eligible services provided by a professional service provider. The applicant must provide funding equal to or greater than the value of an approved voucher.

What can the funding be used for?

• Strategic business planning
• Workforce development and planning
• People management
• Marketing and communication planning
• Digital marketing
• Market research
• Financial planning and performance
• Procurement
• Organisational governance
• Work Health and Safety
• Business improvement and innovation
• Supply chain management and planning
• Records and document management
• Information and Communication Technology management

To apply for a Small Business Growth Grant, applicants must meet all criteria listed below:

• Held an Australian Business Number (ABN), without interruption, on or before 1 January 2024 and is located in Western Australia.
• Has been registered for GST, without interruption, on or before 1 January 2024.
• Has the principal place of business in Western Australia; and has been in continuous operation in Western Australia on or before 1 January 2024; and will continue to trade into the foreseeable future; and there are no plans, events and/or circumstances known to the applicant which would result in their business ceasing to trade.
• Be a for-profit organisation or business (not for profits and charities are ineligible).
• If a Regional WA small business: Has an annual turnover exceeding $100,000 for businesses trading and has been physically located in regional WA for at least 12 months.
• If a Metropolitan WA small business: Has an annual turnover exceeding $200,000 for businesses trading and physically located in a WA metropolitan area.
• Has an Australia-wide annual payroll of less than $4 million.
• Have at least one full-time equivalent and no more than 20 full-time equivalent employees, including owners and directors.

There are also certain criteria that the nominated service provider will need to meet (e.g. cannot be the applicants’ existing accountant and must be suitably qualified). At Smith Thornton, we assist clients in various ways to help them to grow their business and improve profitability. Some services that we can provide to applicants include:

• Forecasting, budgeting & cash flow modelling.
• Financial performance monitoring and advice (KPIs).
• Working capital management.
• Debt funding analysis. 
• Succession planning (aimed at ensuring the business has the right staff capabilities and skills going forward).
• Strategic planning.

If you are interested in applying for this grant and need assistance, or are interested in engaging with Smith Thornton as a service provider, please contact our Business Services Advisor Jenna van Nierop either via email (jennav@smiththornton.com.au) or phone on 9842 5155.

Click here to view full funding guidelines on the provider's website.