grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|closingDate May 17, 2024
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • Metro Business Opportunities
grant_single|status
grant_card_status|open

grant_single_labels|preview

Get up to 75% of professional fees and costs reimbursed (maximum $5,000) for SMEs and non-profits.

grant_single_labels|terms_and_conditions

This grant provides substantial support for small businesses and non-profits needing professional consulting services. It ensures that the costs associated with hiring a consultant are affordable and geared towards enhancing growth and competitiveness.
  • Coverage of up to 75% of professional consulting fees and costs.
  • Maximum financial assistance of $5000 available per application.

grant_single_labels|projects

The Consulting Advisory Services grant supports small businesses and non-profit organizations in accessing professional consulting services. Eligible activities focus on diagnostic, management, trade, competitiveness, and financial assessments to enhance business growth and performance.
  • Diagnostic Assessment: Evaluating specific or overall business operations to identify key issues and future prospects.
  • Business Management Skills Development: Analyzing management practices and skills to identify performance enhancement opportunities.
  • Trade Assessment: Evaluating areas related to trade, including export readiness and market strategies.
  • Competitiveness Assessment: Analyzing capabilities to improve competitiveness through skills training and innovation.
  • Access to Capital: Identifying optimal sources for accessing capital and overcoming related challenges.
grant_single|admissibleProjectsExample

$ 3,750

Conduct a trade assessment to explore new international markets for our products

$ 3,750

Implement a diagnostic assessment to improve overall business operations

$ 3,750

Enhance competitiveness through innovation strategy development and technology acquisition

$ 3,750

Analyze and develop a plan for accessing capital to expand our business

$ 3,750

Develop business management skills to enhance management practices in our cooperative

$ 3,750

Conduct a Competitiveness Assessment to improve production and innovation

grant_single_labels|admissibility

Eligibility for the Consultant Advisory Services grant is determined based on specific criteria related to the applicant's business type and location.
  • The applicant must be a small business or non-profit organization.
  • The business or organization must be located in St. John's or Mount Pearl.

grant_eligibility_criteria|who_can_apply

Small businesses and non-profit organizations located in St. John's and Mount Pearl can apply for the Consultant Advisory Services grant. This grant provides financial assistance of up to 75% of professional fees and costs, with a maximum of $5,000 available.

grant_eligibility_criteria|eligible_expenses

The eligible activities for the Consultant Advisory Services grant include diagnostic assessments and skill development evaluations addressing specific business needs. These activities are designed to help businesses and not-for-profits in St. John's and Mount Pearl overcome operational challenges and explore new opportunities.
  • Diagnostic Assessment: Analysis of specific areas within the client's operation, with recommendations for growth.
  • Business Management Skills Development: Evaluation of management practices to enhance performance.
  • Trade Assessment: Analysis of marketing and distribution strategies with a focus on expanding trade.
  • Competitiveness Assessment: Improvement of business competitiveness through skills training and innovation.
  • Access to Capital: Recommendations for accessing financial resources and addressing capital challenges.

grant_eligibility_criteria|zone

This grant is available to small businesses and non-profit organizations located in specific geographical areas. The focus is on regions where businesses can benefit significantly from enhanced consulting capabilities.
  • Small businesses and non-profit organizations in St. John's.
  • Small businesses and non-profit organizations in Mount Pearl.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The evaluation process involves a set of criteria that the consultant proposal must meet to be considered for approval.
  • The client must initiate the request for Consultant Advisory Services.
  • The consultant's proposal should be developed with direct input from the client.
  • The scope of work must stay within the program's budget of $6667, with a maximum of $5000 (75%) covered.
  • The proposal should focus on a specific challenge, deficiency, or opportunity for the client.
  • The outcome should be an action plan for the client to follow.

grant_single_labels|apply

1
Initial Consultation
  • Contact Metro Business Opportunities (MBO) to discuss your eligibility and ineligible activities for the Consultant Advisory Services program.
  • Obtain the program application from MBO staff or download it online.
2
Identify Needs and Select Consultant
  • Clearly define the specific challenge, deficiency, or opportunity your organization aims to address with the consultancy.
  • Select a suitable consultant to prepare a proposal tailored to your identified needs.
3
Develop Consultant Proposal
  • Work collaboratively with your chosen consultant to create a detailed proposal that outlines the scope of work and budget (within the program’s budget of $6667, of which $5000 can be covered).
  • Ensure the proposal aligns with program requirements and focuses on practical deliverables and an action plan for growth.
4
Submit Application
  • Compile the consultant’s proposal and complete the program application form.
  • Submit the completed application and consultant proposal to an MBO Client Services Officer for assessment.
5
Await Approval
  • Wait for the assessment of your submission by MBO. If approved, a contract will be issued to the consultant.
  • The consultant must sign and return the contract to MBO within 10 business days to proceed.
6
Completion and Reimbursement
  • Upon completion of the consultancy work, submit the consultant's final report, invoice, and your client evaluation form to MBO.
  • MBO will process the reimbursement to cover 75% of the consultant’s fee, up to a maximum of $5000.

grant_single_labels|otherInfo

Here are additional relevant details for this grant:
  • Taxes such as HST are not reimbursable through the program.
  • The consultant is allowed a quick turnaround time which facilitates addressing urgent business challenges.
  • The application process benefits from an initial consultation with Metro Business Opportunities staff to clarify eligibility and application steps.
  • Clients must ensure proposals are specifically aligned with their distinct business challenges or opportunities for the application to be considered valid.
  • There is a quick turnaround time for the application processing, helping businesses and nonprofits address challenges swiftly.

Apply to this program

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