Improve your chances of success in applying for the Business Improvement Fund (BIF) grant
Mirus have helped more than 50 clients to successfully access more than $15 million in BIF grant funding.
We will take you through the process step by step and help you develop the grant submission you need to improve the sustainability of your business
“It is definitely easier to get some help to put together a strong BIF application, especially from someone who has helped many others. We were successful and have now almost completed the implementation and investment of the funds.”
Executive Manager Corporate Services
Clayton Church Homes
The Federal Government’s Business Improvement Fund (BIF) is aimed at improving provider governance and operations to ensure service continuity and longer-term sustainability through undertaking business improvement activities. The Business Improvement Fund will support small to medium sized residential aged care providers. Priority will be given to those providers that are facing financial decline which may impact on care to residents and also to providers located in regional, rural and remote locations.
The first round of BIF grants invested over $80m of funds into small to medium providers in 2020 and 2021 and the second round of funding is open from July to December 2021.
Making the grant application process simple and more successful
With all the challenges facing aged care today, it is difficult to find the capacity to understand the process and put together a quality grant application, especially for smaller providers.
While the application process is quite straight forward, our process of working with you includes tip and tricks to saving time and improving your chances of success.
You are eligible to apply if:
You have seven or less facilities and have struggled financially in the last couple of years
You are considering a merger or acquisition. This is available for any size provider acquiring facilities
You are considering safely shutting down a facility
With a 100% success rate to date on applications for eligible businesses, Mirus has helped improve their financial sustainability and ensure service continuity and longer-term sustainability through business improvement activities.