Smart Business

Smart Precinct supports all businesses. One front door provides a clear pathway to support appropriate for your needs.

One Front Door – A clear pathway to Support

Strong resilient and adaptable business communities are the cornerstone of strong resilient and adaptable communities, regions, and economies.

At Smart Precinct, through the Smart Business Program we are supporting businesses of all types to develop plans and skills for growth, resilience and adaptability. Depending on your needs the Smart Precinct NQ team can support you with mentoring, programs, events and education and connect you into an ecosystem of support and collaboration.

For new businesses thinking about making Townsville and North Queensland your home we can support you to hit the ground running with information about the region and economy through to those things that will be important to you and your staff to connect into the community and make Townsville a Home.

Find out more about Smart Precinct NQ

Find out more about how we support businesses

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Business Mentoring

Business owners, founders and innovators based in Townsville can access three mentoring sessions at no cost. This support is thanks to the generous support of Townsville City Council.

If you haven’t worked with a mentor and don’t know what to expect don’t worry. Our Advisors and mentors are extremely friendly, knowledgeable and will firstly step you through a discovery sessions to explore how Smart Precinct NQ can support you in connecting with the right programs, services and people to turn your big idea into a great business

We understand that every business is different. Through our mentoring sessions we undertake first needs assessment and goals to strengths, opportunities and where we can support you. From this we can provide direction to programs, supports, connections to help you on your journey.

Learn More about Mentoring and book in to have a chat to a Mentor

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I found that through my meeting with my Growth Advisor I was able to properly identify the current issues in our business and develop a strategic plan to move forward with, this was extremely helpful and provided us with a great roadmap for the future.

Business Owner

Smart Business Accelerator

The Smart Business Accelerator is suitable for founders with early-stage business ideas in professional services, trades, retail, hospitality and social enterprise.

Owning and running a small business is hard but rewarding.

Did you know that Small Businesses account for 98% of the businesses in Australia, are the nation’s largest employer and contributes 34% to the country’s GDP? Yet 50% of Small Businesses fail in the first 5 years. When a small business fails it has compounding impacts to the founder’s family, finances, and mental health. In this accelerator program you will learn skills and strategies to give your new business idea to survive.

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Duration	6 weeks – 2-hour workshops (face to face or zoom) Businesses can expect to spend 1 hour between sessions on pre reading and implementing activities in the business and will attend 3 one on one mentoring sessions.
Topics	Business Essentials Setting up for success Director and Owner Obligations Balancing Personal , work and cultural needs Insurance and Recordkeeping Protecting your IP Financial Basics Uncovering the real numbers behind your business model Understanding Financials for Decision Makers Financing and Cashflow options Marketing and Sales Personal and Business Brand Marketing and Sales Fundamentals Websites and Social Media Systems and Processes Policies and Procedures Digital Action Plan Fundamental systems Cyber Security The Future Peer to Peer Mastermind Workshop Where to Next
Investment	Fully funded thanks to Advance Queensland and Townsville City Council valued at $2,500.00
Next Dates	Wednesday 22nd February to 29th March 2023 – Apply here
Other Inclusions	Pre reading Pre – Post and Six-Month Check in Mentoring Session Invitation to Meetups and ecosystem events Insights and publications Invitation to join an SME Advisory Board A digital badge and micro-credential for your LinkedIn and CV.
Pre-requisites	It is recommended that you consider completing the Smart Precinct NQ Pre-Accelerator Program before undertaking this program but if you are unsure, please contact us and we can put you in touch with a mentor to discuss.