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Business Co-Contribution Rates for Industry Skills Fund Grants
- 7. Business Type Business Size Business Co- Contribution Rate Micro Business (0 – 4 FTE employees) 25% Small Business (5 – 19 FTE employees) 34% Medium Business (20 – 199 FTE employees) 50% Large Business (200+ FTE employees) 75% The amount you will have to co-contribute will depend on how many Full Time Equivalent (FTE) employees you have.You’ll be required to pay the following percentage of the total project cost:
- 8. An ENQUIRY is made through the Govt Portal. This is a 200 word paragraph describing your GROWTH Opportunity. https://www.business. gov.au/assistance/ind ustry-skills-fund OPTIONA –Talk to a SkillsAdvisor who will help to identify Skills Gaps for you and write you are report OPTION B – If you know what you are looking for, you will be put straight through to Application Stage APPLICATION is made - including a list of training providers (2 Quotes) and the addressing of a Merit Criteria CONTRACT stage. Is where you are a assigned a Case Worker to help you administer the contract and payment options. Usually Approval takes 5 Days Report will take 3-4 weeks, approval should take 5 days With research and writing this could take a week to write. Usually Approval takes 5-10 days Usually Approval takes 5 Days STEP 1 Step 2 Step 3 Step 4