PRESS RELEASE: This digital transformation grant is helping small businesses to survive the pandemic…

Latest Press Release

Australia – 1 September 2020 –

Most businesses are struggling to engage customers during the global health pandemic.

The SMEA Digital Transformation Grant helps Australian small businesses to improve their online presence and attract loyal consumers.

Not-for-profit association SMEA created this grant for businesses to extend their digital reach and boost revenue in 2020 and beyond.

Successful applicants run a targeted three-month digital campaign with an award-winning Australian agency – using the best online tools available.

What can the Digital Transformation Grant be used for?

• Setting up a CRM system
• Setting up Marketing Automation
• Website updates
• Online reputation
• SEO services
• Paid marketing services (excludes paid media spend)

How does the funding arrangement work?

Successful applicants receive a 50% funding contribution (the maximum grant amount they can receive is $10,000 for a project worth $20,000 – excluding GST)

The minimum grant amount is $1,500 (i.e. the total value of the project is at least $3,000).

This is a matching grant, so successful applicants are required to pay 50% upfront for approved services. SMEA will then pay the service provider the matching funds, upon completion of the project.

Who is eligible to apply? Here’s the criteria for small businesses:

• Based in Australia and registered for GST
• Less than 15 staff
• A turnover of $3 million or less in the last financial year
• They’ve declared if any business owners or directors are undischarged bankrupt or insolvent.

Loss of revenue isn’t a requirement for this grant. Applicants don’t need to provide any financial statements, in order to qualify for the SMEA Digital Transformation Grant (unlike with government grants).

About the SMEA:

The SME Association of Australia (SMEA) is a not-for-profit that supports the growth of small and medium businesses.

SMEA was founded in 2011 by business owners, for business owners!

Small businesses can find out more about the SMEA Digital Transformation Grant and apply at digital.smea.org.au

September 1, 2020/by Reland Pigte

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