Thursday, September 13, 2007

Alpine Valleys Agribusiness Forum receives funding

Sophie Mirabella, the Federal Member for Indi, today announced that the Australian Alpine Valleys Agribusiness Forum had received funding of $77,910 from the Howard Government to help improve the financial management skills of small business.

The Australian Alpine Valleys Agribusiness Forum was offered the funding assistance for its project to develop the daily management, administrative and IT operational skills of 18 wineries and 2 craft breweries in North-East Victoria to enable their individual customer lyalty programs to achieve their full potential.

The funding was made under the Howard Government's Building Entrepreneurship in Small Business program and is one of 44 projects around the country announced by Small Business Minister Fran Bailey. The projects received more than $10 million in total.

“I congratulate the Australian Alpine Valleys Agribusiness Forum for securing this funding. It is a commendable initiative and will bring considerable benefits to our local community," Mrs Mirabella said.

"This initiative is part of the Howard Government's strong support for small business, which has seen the number of employing small businesses grow by 31 per cent over the past three years."

In the latest round of funding training and mentoring component will fund 35 projects valued at over $8.3 million and the succession planning element will fund nine projects valued at $1.9 million.

"The third round of funding also focussed on projects targeting financial management and reiterates the message that practical support is available to equip small business improve financial skills."

For further information on the Building Entrepreneurship in Small Business (BESB) please contact my Office or visit www.ausindustry.gov.au.


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