Document ID: chunk:federal_register_of_legislation:F2023L01432:reg:5
Version: federal_register_of_legislation:F2023L01432
Segment Type: reg
Provision Reference: reg 5
Character Range: 2033–2870

5  Prescribed program
       (1)    For the purposes of subsection 33(1) of the Act, the Industry Growth Program (the program) is prescribed.
       (2)   The program provides funding for advisory services and financial assistance to small and medium enterprises, including new enterprises, to undertake the following:
         (a)    activities to commercialise novel products or services for use in                    constitutional trade and commerce;
         (b)    activities to improve the ability of the enterprise to undertake constitutional trade and commerce;
         (c)    activities to grow the business of the enterprise with the aim of undertaking constitutional trade and commerce in the future.
       (3)   An activity described in paragraph 5(2)(a), (b) or (c) must be in a priority area of the Australian economy.