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Industry Facilitation and Support Program (IFSP) Port Hedland/Newman Round Industry Participation Branch WA Department of Commerce Co-Funded by BHP Billiton.

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Presentation on theme: "Industry Facilitation and Support Program (IFSP) Port Hedland/Newman Round Industry Participation Branch WA Department of Commerce Co-Funded by BHP Billiton."— Presentation transcript:

1 Industry Facilitation and Support Program (IFSP) Port Hedland/Newman Round Industry Participation Branch WA Department of Commerce Co-Funded by BHP Billiton Iron Ore

2 This round of the Industry Facilitation and Support Program (IFSP) is about: –improving the capacity and competitiveness of Port Hedland, South Hedland and Newman small and medium sized businesses PORT HEDLAND - NEWMAN ROUND

3 The funding round is equally contributed by BHP and Department of Commerce Up to $20,000 is available in matched funding to successful applicants FUNDING AVAILABLE

4 ABN Solvent Not a charitable organisation Port Hedland, South Hedland or Newman based business Operating for at least 2 years Employ less than 200 people Turnover between $150,000 and $100 million Applicant able to pay up-front No double dipping for the same activity from other Government sources ELIGIBILITY

5 Temporary expert / consultancy fees Meeting pre-qualification requirements Implementation and audit of ISO management system standards Contract and tender negotiations Business / marketing plans Feasibility studies Assistance in applying for other government and international grants Unqualified consultants Third parties that are not at arm’s length from the applicant Support of any legal action EXAMPLES OF WHAT IFSP WILL FUND AND WHAT IT WON’T FUND

6 Equipment purchase / upgrade Upgrading or modifying existing equipment, vehicles or machinery Acquiring equipment, machinery Vehicles (commercial or specialised in nature eg forklift) Vehicles not commercial or specialised in nature, that can be used for personal and recreational purposes i.e. cars, utility vehicles, vans and 4x4s. EXAMPLES OF WHAT IFSP WILL FUND AND WHAT IT WON’T FUND

7 Internal business systems Improvements to occupational health & safety systems, quality assurance systems, manufacturing and management systems Upgrades or expansions to applicant owned property/buildings Specialised business software purchase and upgrade e.g. tender management software, computer aided drafting or project management software Purchase of electrical equipment (desktop computers, laptops or portable electronic devices) linked to remote working General software upgrades and purchases e.g. Microsoft Office/Windows operating systems Land and property acquisitions Internal research and development activities EXAMPLES OF WHAT IFSP WILL FUND AND WHAT IT WON’T FUND

8 Training Up-skilling employees that leads to operational improvements Training linked with the acceleration of Australian Apprenticeship completion rates Travel and accommodation costs associated with training - where local options are not available Costs involved in bringing registered trainers to deliver local group training In house training Training by unregistered training organisations Tertiary education EXAMPLES OF WHAT IFSP WILL FUND AND WHAT IT WON’T FUND

9 Need and Impact Capability and Capacity Excellence Financial Viability and Risk Evaluation Criteria

10 PAYMENTS Payments are made as a re-imbursement so you must be able to pay for the activity upfront REPORTING Within 6 months of receiving funding. Not onerous but critical for us to measure the success of the program and feed this back to our masters A reporting template is provided PAYMENTS AND REPORTING

11 Opening July 2015 Closing 30 September 2015 Information will be available soon on the Department of Commerce website www.commerce.wa.gov.au/localindustryparticipation Interactive pdf application form and user guide will be online FURTHER INFORMATION


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