Business recovery and resilience mentoring
Through this program, eligible business owners can receive up to four 2-hour mentoring sessions with an experienced professional who will help them make informed decisions about the future of their business.
The program offers tailored guidance on:
- Business recovery - to strengthen business recovery (cost reduction, debt and cashflow management)
- Market transformation - to understand how coronavirus (COVID-19) has triggered or accelerated market changes
- Digital literacy and engagement - to help businesses reach new customers and markets
- Market and supply chain diversification - to reduce exposure to supply chain risks
- Reskilling and retraining - to help businesses upskill their existing workforce
What support is available?
Eligible business owners will be matched with an experienced professional who will provide them with up to four one-on-one mentoring sessions over a three-month period. Each session will last for two hours.
Mentoring sessions will be conducted by phone, video conferencing and if appropriate, face-to-face.
Before being assigned a mentor, applicants will be asked to complete a brief diagnostic tool designed to assess the specific needs of their business recovery.
Following the initial session, applicants will be provided with a detailed action plan, with advice specifically tailored to the individual needs of their business.
Applicants will also be connected with further support for their business as needed. This may include financial counselling, digital expertise and coaching, and mental health support and training.
The mentor will then schedule up to three follow-up sessions with the applicant over the following three months to check on their progress, and provide additional support and guidance as needed.
Benefits for business
This program helps businesses:
- build customised strategies for recovery, market transformation, digital literacy, supply chain diversification and upskilling of existing employees
- mitigate risks and financial exposure
- connect to other Government support and local professional services.
What type of businesses can apply for the program?
The program is open to the owners of small businesses with less than 20 full-time employees. For the purposes of the program, a small business owner can be a sole trader, partnership, private company or trust that operates a small business. Twenty full-time employees means the total of all standard hours worked by all employees (whether full-time or part-time) in standard hours as defined by the Australian Bureau of Statistics.
Businesses must also:
- hold an active Australian Business Number (ABN)
- not be a public company, charitable business (one that does not operate to make a profit) or body corporate under the Body Corporate and Community Management Act 1997
- intend to re-establish or continue operating in Victoria.
How to apply
Click the 'Apply now' buttons on this page to make an application via the VCCI website.
If you require assistance with your application, please contact VCCI on 03 8662 5333.
Click the 'Apply now' button to make an application on the VCCI website.