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Starting and running a business can be a very rewarding experience. The Women in Business Micro-credit Program helps women who want to start or grow their business.
The program assists women on low incomes (Health care card holders) by providing business mentoring support and small interest –free loans. A maximum loan of $3000 may be available to assist with business start-up or expansion.
The Women in Business Micro-credit Program is a joint program run by the Department of Economic Development and Tourism, the Department of Premier and Cabinet’s Women Tasmania and the No Interest Loan Scheme (NILS) network of Australia.
The program is designed to:
- enable women to develop a business concept into a practical business proposal
- provide information on basic legal and other requirements for establishing a business
- increase business planning and management skills among women
- help women develop a business plan
- provide tailored business mentoring assistance to women
- provide start-up financial assistance package to successful applicants
Please note: Business Planning and mentoring are provided free of charge. Micro-credit loans are available on a regional basis and the amount of funding available each year is limited.
Any women who has a Health Care Card and has completed a business plan approved by an authorised Enterprise Centre can apply for assistance. To start the process contact Business Point on 1800 440 026.
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