As some of you may know, McClean & Co is an approved provider for the Regional Business Partner Network (RBP). This support programme includes an existing Growth Advisor service, aka Management Capability Development Fund, that delivers partly funded support. In addition, the network provide a fully funded COVID-19 Support Programme which reflects the need for more support due to the economic repercussions of COVID-19.
There’s still time to get the support your business needs
Due to the ongoing effects of COVID-19 many New Zealand businesses are in recovery mode and are looking for guidance. While the fully-funded support, the COVID-19 Business Advisory Funding, is now fully allocated, there are still two funding options available.
Management Capability Development Fund
This fund offers business up to 50% co-funded support for management coaching and training services. The aim is to build management capability within the business and therefore speed recovery and growth following COVID-19.
In order to access this funding:
- You must first meet one of the RBP Growth Advisors to discuss your business
- The Growth Advisor will seek to understand opportunities for growth and barriers to this
- The Growth Advisor will then work with you to put together an action plan.
If management coaching and training is identified as a need, the Growth Advisor can issue a Management Capability Development Fund Voucher. The voucher can be used for up to 50% of the cost of services (to a maximum of $5,000 excluding GST) from a registered RBP provider, such as McClean & Co.
To find out if your business is eligible for this funding, go to the RBP website or contact us.
Tourism Transitions Fund
The Tourism Transitions Fund is specifically for businesses in the tourism industry needing advice and support such as HR, health and well-being, business continuity and hibernation, cashflow and finance management, strategy and digital capacity.
As for the Management Capacity Development fund, in order to access this funding you must meet with an RBP Growth Advisor to discuss your business. The Growth Advisor will look for opportunities for growth, put together an action plan and will then allocate funding. This is a 100% funded category to a maximum of $5,000 excluding GST.
To find out if your business is eligible, check out the eligibility criteria here.
Business support offered
As a registered service provider McClean & Co offers one-on-one consultations to discuss how your Queenstown/Otago/Southland business can best approach the current challenging environment. Specifically support can be offered in the following areas:
- Financial planning for the next 12 months
- Cashflow forecasting and planning for the next 12 months
- COVID-19 recovery and planning
- Business analysis
- Strategic planning and support
Next steps
To find out more about how to get started with the Regional Business Partner Network and to set up your first meeting with a Growth Advisor visit the RBP website.
If you would like more information about the support McClean & Co can offer please contact us.