This round opens at 9am (AWST) on Friday, 26 July 2024 and closes at 3pm (AWST), Friday 13 September 2024.
About
The Local Capability Fund Regional Business Round provides funding support to Western Australian small to medium-sized enterprises (SMEs) in the Gascoyne region to enhance their business capability and capacity to supply to major Western Australian State or local government agencies, the Australian Government and the private sector.
The level of funding support under the Gascoyne Regional Business Round is 50% of eligible costs (excluding GST) up to a maximum funding level of $20,000 per successful applicant.
To find out more, read the information below.
Who is eligible?
Show moreTo be eligible for funding, applicants must:
- Have its principal place of business in the Gascoyne region;
- Have been operating in the Gascoyne region for at least 12 months at the time of application submission;
- Be operating in a trade-exposed industry (or an industry that faces competition from other national or international SMEs or SMEs outside of their region);
- Be registered for GST for at least 12 months prior to application submission date;
- Have an Australian Business Number (ABN);
- Be a for-profit organisation or business, or an incorporated not-for-profit Aboriginal corporation operating as a commercial enterprise; and
- Employ less than 200 people.
Previous recipients of funding through the LCF are eligible to apply, subject to conditions outlined in the funding guidelines.
How to apply?
Show moreEligible applicants must submit their application online via the SmartyGrants portal.
A preview of the application form detailing the information required is available through the
portal.
Before applying, applicants must read and understand these guidelines and the Financial Assistance Agreement found on the portal.
Assessment process
Show moreApplications will be assessed by an independent Evaluation Panel which will meet to consider all submitted applications following the closure of the round.
Applications will be assessed against their eligibility as well as the round objectives, and will then be scored against the following evaluation criteria and weightings:
- Relevance/need 30%
- Expected outcomes/level of impact 30%
- Capability and capacity 10%
- Value for money 15%
- Financial viability and risk 15%
Tips to applying
Show more- Double-Check Your Application: Have someone else review it to ensure clarity and completeness.
- Simplify Technical Details: Write in a way that anyone, not just industry experts, can understand. Imagine promoting the business via its website or social media.
- Allow Sufficient Time: Start early to gather quotes and relevant documents. (Applications without quotes or relevant documents will receive lower scores.)
- Be Concise: Provide sufficient detail without overwhelming assessors.
- Highlight Key Information: Include important details that will make your application stand out.
- Check Eligibility: Ensure the business and activities are eligible before investing time in the application. Contact the relevant team if you have eligibility questions.
