❓ Hon. Kate Doust questions the Attorney General regarding the Department of Regional Development's decision not to endorse stage 2 of the SBDC's Buy Local campaign and how the SBDC reconciled a $1 million revenue loss. The response clarifies the funding allocation and timing issues.
AnsweredQoN 1180Legislative Council
QuestionView source ↗
SMALL
BUSINESS DEVELOPMENT CORPORATION — BUY LOCAL CAMPAIGN
1180. Hon KATE DOUST to the
Attorney General representing the Minister for Small Business:
I refer to pages 92 and 93 of the Small Business Development
Corporation's 2013–14 annual report.
(1) What
reasons did the Department of Regional Development give for not endorsing stage
2 of the SBDC's Buy Local campaign?
(2) How has the SBDC reconciled the loss of $1 million of
expected revenue for 2013–14?
BUSINESS DEVELOPMENT CORPORATION — BUY LOCAL CAMPAIGN
1180. Hon KATE DOUST to the
Attorney General representing the Minister for Small Business:
I refer to pages 92 and 93 of the Small Business Development
Corporation's 2013–14 annual report.
(1) What
reasons did the Department of Regional Development give for not endorsing stage
2 of the SBDC's Buy Local campaign?
(2) How has the SBDC reconciled the loss of $1 million of
expected revenue for 2013–14?
AnswerView source ↗
On behalf of the Minister for Small Business, I thank the
honourable member for some notice of the question.
(1) The
business case to access the funding for stage 2 of the program was prepared and
submitted to the Department of Regional Development in 2013–14;
however, final approval was not received until 2014–15.
(2) The $1 million
allocated from royalties for regions to the SBDC in the 2013–14 Budget Statements formed part of a
broader $10 million commitment over four years for the regional Buy Local
program. Subsequent to the publication of the Budget Statements , the funding was split between the SBDC and the
Department of Commerce. In 2013–14 this resulted in $500 000 for each
agency. The business case for the funding was not finalised in 2013–14;
therefore, the program did not commence and the funding was not drawn down.
honourable member for some notice of the question.
(1) The
business case to access the funding for stage 2 of the program was prepared and
submitted to the Department of Regional Development in 2013–14;
however, final approval was not received until 2014–15.
(2) The $1 million
allocated from royalties for regions to the SBDC in the 2013–14 Budget Statements formed part of a
broader $10 million commitment over four years for the regional Buy Local
program. Subsequent to the publication of the Budget Statements , the funding was split between the SBDC and the
Department of Commerce. In 2013–14 this resulted in $500 000 for each
agency. The business case for the funding was not finalised in 2013–14;
therefore, the program did not commence and the funding was not drawn down.
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