New Zealand
Accessing regional business support funding for professional advice and training services
14 October 2020 | Minutes to read: 2

Accessing regional business support funding for professional advice and training services

By William Buck

Funding has been made available through the Regional Business Partner Network to help SMEs recover from the impacts of COVID-19.

SMEs may qualify for funding to help pay for expert advice and support services through the COVID-19 Business Advisory Fund or for business coaching and training services through the Management Capability Development Fund.

Covid-19 Business Advisory Fund

The Advisory Fund can provide support in areas such as HR, health and wellbeing, business continuity, cashflow and finance management, marketing and digital enablement strategy. Funding is only available through the Regional Business Partner Network Growth Advisors.

Once you register your business, a Regional Business Partner Network Growth Advisor will contact you to assess your needs through a discovery session. If approved, the advisor will provide a voucher to use with registered service providers.

The voucher will cover 100% of the advisory service cost.

Management Capability Development Voucher Fund

The Capability Development Voucher Fund offers eligible businesses up to 50% funding for business training and coaching services to build management capability within the business.

Small businesses may qualify for vouchers to help pay for services such as training workshops, courses and coaching that build the management capabilities of their owners and key managers.

To access this funding, you must first register your business and then meet with a Regional Business Partner Network Growth Advisor to discuss your business. If a need for training is identified, a voucher may be issued to access management training services to help you to grow and innovate your business. The vouchers can only be used with registered service providers.

Find out more by visiting https://www.regionalbusinesspartners.co.nz/

William Buck is a registered service provider

William Buck offers a range of registered support services that you may be eligible to receive funding for:

  • Financial and cashflow management and business continuity planning services under the COVID-19 Business Advisory Fund.
  • Business planning services under the Management Capability Development Voucher Fund.

If you have questions or would like to find out how the Regional Business Partner Network Voucher Funds may be able to help your business to recover and grow, please contact:

Clyde Young | Managing Director – Business Advisory

Martinus Naude | Director – Advisory Services.

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