Inspiring and Supporting business leaders of tomorrow

Welcome to the Young Business Network.

The Young Business Network (YBN) is the central portal in Western Australia providing business information and support for young entrepreneurs 18-25 years and encourages you to join the rising tide of young people in business today.

YBN congratulates young Western Australians who start a business as a career option, and provides inspiration and support to help develop successful young business operators.

New Sensations

Dreamfit
Darren Lomman
Twenty-one year old Darren Lomman is in the business of making dreams come true for people with disabilities. (Read more...)

» Read more in our New Sensations pages.

Latest News

Interest Rate Subsidies for business assets damaged in a natural disaster - such as the Toodyay fires.

 
An interest Rate Subsidy Scheme is available to small businesses for loans provided by Authorised Deposit-taking Institutions (ADI's) where the assets have been damaged as a direct result of an eligible natural disaster, such as the recent Toodyay Bushfires.

The WANDRRA provides an interest rate subsidy of 4%, with the subsidy payments:
  • capped at a maximum of $6,000 (being 4% of a loan maximum of $150,000); and
  • for a maximum period of 10 years, of which the first two years only may be free of capital repayments at the discretion of the ADI.
In cases where no capital repayments or minimal capital repayments are made from Year 3 onwards, and to be consistent with those who have made capital repayments, a notional deduction of 1/10th of the original loan principal is taken for each year.

FESA will pay the interest rate subsidy annually, in advance, based upon the satisfactory submission of a claim form after the anniversary date of the loan drawdown/ disbursement, supported by documentary evidence of the loan balance at this time (e.g., provision of a copy of the relevant loan account statement showing the loan balance).
 
For further information contact:

FIRE and EMERGENCY
SERVICES AUTHORITY of
WESTERN AUSTRALIA
Contact: WANDRRA Administrator by 
email: wandrra@fesa.wa.gov.au
phone: 9323 9552

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Latest Events

The Business Migration Network Event

Is your Business BiZFit

Friday 19th March 2010

 Further Information and Registration Form

Mary Prosser   | Specialised Services

Small Business Services

Small Business Development Corporation

553 Hay Street, Perth WA 6000

phone: 08 9220 0226 | fax: 9221 1132 |131 BIZ(131 249)

www.smallbusiness.wa.gov.au
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