The Palaszczuk Government will give Queensland’s emerging business leaders the chance to take their companies to the next level under its $420 million Advance Queensland innovation program.
Minister for Innovation, Science and the Digital Economy and Minister for Small Business Leeanne Enoch said the $1.95 million Growing Queensland’s Companies program will be rolled out to 200 firms.
Ms Enoch said the program is designed for firms with high growth potential, and will include a one-day Growth Assessment Clinic for CEOs and a series of intensive Growth Modules to coach executive teams on how to lead, manage and grow their companies.
“These are the firms that will drive job creation in the State,” Ms Enoch said.
“Through this program we will give CEOs and executive teams the knowledge, skills and tools they need to lead, manage and accelerate growth, and critical insights into how to manage a high growth business, improve productivity and boost revenue.
“It is just the kind of support we need to be offering companies with high-growth potential, and which will be the backbone of our future economy.”
The program will be delivered by the Centre for Business Growth (based at the University of South Australia) – a recognised leader in this field.
The free one-day clinics will be held in Brisbane, Townsville and the Sunshine Coast from September. Virtual clinics will also be delivered to enable further regional companies to participate.
The clinics target CEOs of high-growth potential businesses with five to 200 employees who want to develop their leadership skills, understand business growth strategies, and get the competitive edge through new techniques and approaches that will enable them to navigate and maintain high growth.
Up to 40 companies who attend the clinics will then be selected to participate in the Centre’s intensive Growth Modules Program, commencing from November. The participating companies will contribute to the cost of the intensive program, which consists of three, three-day modules delivered over nine months.
ANZ Chair in Business Growth, and Director of the Centre for Business Growth Dr Jana Matthews said the Growth Assessment Clinics will be delivered by the centre’s business Growth Experts – executives who have grown their own successful companies.
“We are very excited that Advance Queensland has recognised the vital role that high-growth SMEs (small-and-medium-sized enterprises) can play in building the state’s economy and has engaged us to help grow Queensland’s best companies,” Dr Matthews said.
“Over 30 Queensland CEOs have already gone through our clinics, and two have completed our Growth Modules program, including RedEye Apps, which has been named one of the fastest growing tech startups in Queensland.
“We’re very proud of the success of these graduates and look forward to helping more Queensland companies speed up the growth curve.”
CEOs of companies can register their interest at http://advance.qld.gov.au/gqc