Consulting Advisory Services
NL, Canada
Funds for business advisory services in Newfoundland and Labrador
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
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|projects
There are eligible activities for this grant:
- Diagnostic Assessment: Focus on specific areas or overall operation, analyze current performance, identify key issues, recommend growth measures.
- Business Management Skills Development: Analyze management practices, identify opportunities for enhancement, recommend key skills development.
- Trade Assessment: Evaluate export readiness, new markets, marketing strategy, distribution, new product development, provide feedback and strategies.
- Competitiveness Assessment: Analyze capabilities, suggest improvements in skills, productivity, innovation, technology acquisition.
- Access to Capital: Analyze options for accessing capital, help address roadblocks, recommend potential sources.
grant_single|admissibleProjectsExample
$3,750
Toronto
Implement a diagnostic assessment to improve overall business operations.
$3,750
Waterloo
Develop business management skills to enhance management practices in our cooperative.
$3,750
Toronto
Conduct a trade assessment to explore new international markets for our products.
$3,750
Vancouver
Enhance competitiveness through innovation strategy development and technology acquisition.
$3,750
Montreal
Conduct a Competitiveness Assessment to improve production and innovation.
$3,750
Calgary
Analyze and develop a plan for accessing capital to expand our business.
grant_single_labels|admissibility
This program provides affordable access to consulting services for small businesses and not-for-profit organizations by covering up to 75% of professional fees and costs with a maximum of $5000 available in financial assistance. Eligible activities include diagnostic assessment, business management skills development, trade assessment, competitiveness assessment, and access to capital.
- The request for Consultant Advisory Services must be initiated by the client, not the consultant.
- The consultant's proposal should be developed with direct input from the client.
- Keep the scope of work within the program's budget of $6667 (with a maximum of $5000 (75%) covered).
- HST is not included in the program budget and is not reimbursed.
- Ensure that the proposal is focused on a specific challenge, deficiency, or opportunity for the client.
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant. Small businesses and non-profit organizations in St. John's & Mount Pearl are eligible.
- Small businesses
- Non-profit organizations
grant_eligibility_criteria|who_cannot_apply
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for this grant.
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant.
- Diagnostic Assessment
- Business Management Skills Development
- Trade Assessment
- Competitiveness Assessment
- Access to Capital
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|register
- Step 1:
- Initiate the request for Consultant Advisory Services by the client, not the consultant.
- Ensure the consultant's proposal is developed with direct input from the client.
- Keep the scope of work within the program's budget of $6667 (with a maximum of $5000 (75%) covered).
- Focus the proposal on a specific challenge, deficiency, or opportunity for the client.
- Step 2:
- Meet with a Metro Business Opportunities staff member to discuss eligibility and ineligible activities before starting the application.
- Obtain the program application from MBO staff or download it online.
- Step 3:
- Identify specific needs and engage a consultant to prepare a Consultant Proposal.
- Submit the proposal along with the program application to an MBO Client Services Officer for assessment.
- Step 4:
- If the proposal is approved, the consultant can begin the work upon signing the contract within 10 business days.
- Step 5:
- Upon completion of the work, submit copies of the consultant's final report, the invoice, and the client evaluation form.
- The MBO Client Services Officer will then forward 75% of the consultant's fee (up to a maximum of $5000).
Apply to this program
Consultant Advisory Services Grant Summary
Consultant Advisory Services Grant Description
The Consultant Advisory Services grant offers affordable access to consulting services for small businesses and not-for-profit organizations in St. John's and Mount Pearl, Canada. It covers up to 75% of professional fees and costs, with a maximum of $5000 available in financial assistance, and is easily adaptable to client needs with a quick turnaround time.
Eligible activities include diagnostic assessment, business management skills development, trade assessment, competitiveness assessment, and access to capital. The application process involves initiating the request by the client, developing a proposal with client input, staying within the budget, and submitting the proposal to a Metro Business Opportunities Client Services Officer for approval. Upon completion of the work, the consultant receives 75% of their fee, up to $5000, as reimbursement.
This grant program aims to support businesses and organizations in addressing specific challenges, deficiencies, and opportunities through professional consulting services. By providing financial assistance and expert guidance, the Consultant Advisory Services grant helps enhance the growth and competitiveness of small enterprises in the St. John's and Mount Pearl regions of Canada.