Consultant Advisory Services

Overview of the Consultant Advisory Services program:

The Consultant Advisory Services program by the Manitoba Business Office (MBO) provides businesses with access to professional consulting services. This program offers financial support to small and medium-sized enterprises (SMEs) in Manitoba for hiring external consultants. The goal is to help businesses enhance their operations, improve efficiency, and achieve growth.

Benefits of the Consultant Advisory Services program:

• Covers Up to 75% of Professional Fees and Costs
• Maximum of $5000 Available in Financial Assistance
• Easily Adapted to Client Needs; Quick Turn Around Time
• Available to Small Businesses & Nonprofits in St. John's & Mount Pearl

Eligibility criteria of the Consultant Advisory Services program:

• Eligible Activities for Consultant Advisory Services:
• Diagnostic Assessment:
• Focus on specific or overall business operations.
• Analyze current performance, key issues, and future prospects.
• Provide a final report with growth-stimulating recommendations.
• Business Management Skills Development:
• Assess management practices and skills.
• Identify opportunities to enhance performance.
• Recommend skills development to stimulate business growth.
• Trade Assessment:
• Address areas such as export readiness, new markets, marketing strategy, and product development.
• Provide feedback on readiness, strategy development, and implementation.
• Recommend measures for new trade opportunities or strategies.
• Competitiveness Assessment:
• Analyze capabilities and identify improvements in competitiveness.
• Focus on skills training, productivity, new products/services, efficiency, innovation, and technology acquisition.
• Provide recommendations for optimum competitiveness.
• Access to Capital:
• Analyze options for accessing capital and address roadblocks.
• Include development of a business plan and capital criteria adherence.
• Recommend potential sources of capital.