Sunday, May 30, 2010

Start up capital for super clinics

One of the Announcements on budget night was that the Government will spend $ 355 million on multidisciplinary super clinics. This funding is being made available in the form of grants for both the private and not for profit sector to build new multidisciplinary super clinics.

If you are a Doctor or associated practitioner then our advice is that you should be looking very hard at this round of grants to see if you can take advantage of them, it is not very often that the Government supplies start up capital to businesses of any description. Under the current round of funding it appears the Government will supply 50% of the start up capital to successful projects up to $ 2.5 million. We have extensive experience in putting together business plans in the medical industry and have access to all the resource you need put together a successful project including specialist lenders to fund the other 50% of the required funding.

If you are looking at these grants it is important to understand the Governments objectives and make sure you align your porject with them, also make sure you understand it the project that matters to the Government and not the business case. (unlike when presenting deals to banks or venture capital firms)

Source: www.smallbusinessworks.com.au

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