PEAK will support a BAS project that addresses the identified weakness(es) in the Business Diagnostic and drives growth. The type of BAS include, but are not limited to, the following:
- Market research (assessing demand identifying potential buyers, service or equipment suppliers, technology or business partners)
- Business management and technical training, including courses that are vital for conducting business internationally as part of a comprehensive plan
- Surveys and focus group assessments of same/substitute products in prospective markets
- Product design and prototype development
- Forming strategic alliances and subcontracting
- Training and consultancy for introducing and maximizing effectiveness of new technology, processes or equipment;
- Installation of and training on electronic accounting and/or management information system
- Production and efficiency diagnostics to support the introduction of new products or market expansion
- Equipment/hardware/software selection, installation and related training
- Product testing (internal lab and external) and certification services
- Trademark and patent registrations for new product/service
- Quality management systems development, inspection, testing and certification, including those related to international standards
- Labelling and packaging design
- Marketing plan/campaign development, design of sales promotion materials
- Export facilitation services such as assistance with exhibiting at trade shows, setting up sales representation and distribution in export markets
- Assistance in acquiring financing, including business plan development, preparing loan applications, etc.
- Assistance in registering a business
- Other activities that will improve performance and efficiency, increase sales and exports, and create new jobs