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What Business Advisory Services can be subsidised by PEAK?

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

© PEAK, 2023

© PEAK, 2023