Date posted: 17/04/2020 2 min read

Funding for SMEs to access financial advice

The Government has invested an additional $25 million in direct business consultancy services to ensure that a wider range of businesses can get the support they need including financial management support.

GST registered businesses with 49 or less full-time equivalent employees are eligible to apply for the fully funded advisory and consultancy support.

This support includes financial and cashflow management services provided by Chartered Accountants.

New Zealand Trade and Enterprise has given the Regional Business Partner Network an additional $25 million of funding for COVID-19 business support. The funding enables the network to scale up its existing advisory services to support businesses.

The support is delivered via registered service providers in areas ranging from human resources advice to business continuity planning to cashflow and financial management.

The level of funding available to individual businesses varies from region to region.

Please note that at the time of writing the business support registration questionnaire is pre-COVID-19 oriented. Accordingly, businesses seeking support under the scheme are advised to interpret the question ‘Do you need help to grow your business?’ as ‘Do you need help’.

How to register

Register if your business provides expert advice in one or all of the following areas: HR, health and wellness, Business Continuity Planning and finance and cashflow management.

Register here

Contact a Regional Growth Advisor

Advisers are often at a Regional Economic Development Agency.

More information

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