Digital Adaptation - To adapt or not?

Announced some three months ago, in a time before the new normal, details of the Victorian Small Business Digital Adaption Program (Rebate) are only now being released by Business Victoria, (slowly slowly)
December 14, 2020
Your Business
by
Jason Williams

Passionate about travel. Passionate about meeting people. Passionate about creating things; especially if said things involve coffee, beer, wine or whisky. Also Passionate about Passionfruit, Passion Pop and Passiona

The answer - always adapt. The next question is, will the Victorian Small Business Digital Adaption Program (Rebate) support you in the process?

Announced some three months ago, in a time before the new normal, details are only now being released by Business Victoria, polepole (slowly).

TELL ME WHAT I NEED TO KNOW

  • support to build digital capacity
  • $1,200 rebate – equivalent to “at least” 12 months
  • available for new and upgrades to existing tools
  • free training and workshops run by Business Victoria
  • closes 31 March 2021, or until funds exhausted

The key here - you must register before purchasing any products. If you are eligible, we recommend registering today as places/funds are limited. This first stage takes two minutes.

Once you provide evidence of purchase, use said purchase for six weeks. The rebate will be received as a tax-free lump sum of $1,200.

This will only be paid after product purchase and only from a listed supplier.

AM I ELIGIBLE?

Let's check the list:

  • held ABN before 13 September 2019 (yes, over a year ago)
  • sole trader, micro business or small business
  • operate in Victoria
  • new customer to product or substantially upgrading
  • pay for subscription yourself (not through an advisor)
  • one rebate per ABN

WHAT NOW?

  • REGISTER – there are no obligations from registering
  • TRIAL - sign up for product trials, have a play
  • PURCHASE - commit, purchase product
  • PROVE - apply for rebate, use for six weeks, get rebate
  • PARTY - have a beer

You’ll receive an email upon registration, but unless you need one of the products listed below now, I would suggest revisiting list in early January.

After you purchase the product, you apply for the rebate, then after six weeks you'll be contacted to confirm "continued use'. The rebate will then be paid within ten working days.

EXAMPLES

  • add a shop to your website
  • dump MYOB, jump onto Xero
  • change your POS to Square
  • install Mr Yum

Given the structure of the rebate, $1,200 could give you 12-18 months of Xero or indirectly, pay for Xero for a few months and support from your favourite accounts.

DIGITAL PRODUCT SUPPLIERS

The rebate is available for a select number of suppliers. This list will be updated at the end of this month to 20-25 suppliers.

For now:

  • Xero
  • Shopify
  • Square
  • Squarespace
  • Mr Yum
  • MYOB

WANT TO KNOW MORE

Full details and registrations are available here

Your Business
December 14, 2020
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