A business proposal for state sponsorship of a provisional business visa will need to address all of the following key requirements:
Business Background
Business background, skills, experience and employment record including:
- business turnover, assets or amount of investments and ownership level for the past 2 years;
- management level, responsibilities, qualifications and expertise;
- existing business links or investments in Australia; and
- past or present involvement in bankruptcy or liquidation proceedings.
Business Overview
Overview of proposed business or investment activities including:
- name, business structure and location, specifying if the business or investment activities are to be based in the metropolitan area or a regional area;
- indication if new activity to be established or existing venture to be purchased;
- comprehensive description of the business or investment activities; and
- details of any support received from government, businesses, investors or partners in Australia.
Ownership and Management
Ownership details and management of the proposed business or investment activities
for each party if more than one including:
- level of ownership, management role, and decision making responsibilities.
Employment Creation
Projected staffing of the proposed business or investment activities including:
- number of employees and whether full time, part time or casual.
Financial Information
Financial capacity to acquire or establish and operate the proposed business or investment activities including:
- details of capital required to buy or establish and conduct the business or investment activities; and
- for investor visa applicants only the amount of the existing or proposed designated investment, date
- deposited or proposed date of deposit and name of State or Territory Treasury Corporation.
Business Research
Research undertaken to evaluate the viability of the proposed business or investment activities including:
- state of the market and major competitors;
- turnover and profit forecast and number of visits or planned visits to Australia (specifically the state you intend to establish your business in).
Contribution to the Australian Economy
Summary of how the proposed Australian business or investment activities will contribute to the economy of the State through:
- generating new employment;
- transferring new capital;
- expanding trade in goods and or services;
- developing export markets or replacing imports;
- introducing new skills, expertise, technologies or innovations; and
- investing in a regional area.
A business proposal for state sponsorship of a business talent residence business visa will need to address all of the following key requirements:
Business Background
Business background, skills and experience including any:
- Business turnover, assets and ownership level for the past 2 years;
- Management role, responsibilities, qualifications and expertise
- existing business links or investments in Australia; and
- past or present involvement in bankruptcy or liquidation proceedings.
Business Overview
Overview of proposed Australian business activities including:
- name, business structure and location, specifying if the business is to be based in the metropolitan area or a regional area;
- indication if new business to be established or existing business to be purchased;
- comprehensive description of the business activities; and
- details of any support received from government, businesses, investors or partners in Australia.
Ownership and Management
Ownership details and management of the proposed Australian business activities for each party if more than one including:
- level of ownership, management role, and decision making responsibilities.
Employment Creation
Projected staffing of the proposed Australian business or activities including:
- number of employees and whether full time, part time or casual
Financial Information
Financial capacity to acquire or establish and operate the proposed Australian business activities including:
- details of capital required to buy or establish and conduct the business.
Business Research
Research undertaken to evaluate the viability of the proposed Australian business activities including:
- state of the market and major competitors;
- turnover and profit forecast and number of visits or planned visits to Australia.
Contribution to the Australian Economy
Summary of how the proposed Australian business activities will contribute to the economy of the State through:
- generating new employment;
- transferring new capital;
- expanding trade in goods and or services;
- developing export markets or replacing imports;
- introducing new skills, expertise, technologies or innovations; and
- investing in a regional area.
A business proposal for state sponsorship of a residence business visa will need to address all of the following key requirements:
Business Background
Business background, skills and experience including:
- qualifications and expertise;
- past or present involvement in bankruptcy or liquidation proceedings; and
- for sponsored provisional visa holders only, type of provisional visa held, date issued and name of the sponsoring State or Territory Government.
Business Overview
Overview of the Australian business or investment activities including:
- name, business structure and location, specifying if the business or investment activities is based in the metropolitan area or a regional area;
- comprehensive description of the business or investment activities; and
- details of any support received from government, businesses, investors or partners in Australia.
Ownership and Management
Ownership details and management of the Australian business or investment activities for each owner if more than one including:
- level of ownership, management role, and decision making responsibilities.
Employment Creation
Staffing of the Australian business or investment activities including:
- number of employees and whether full time, part time or casual in each of the past 2 financial years.
Financial Information
Financial capacity to operate the Australian business or investment activities including:
- details of capital required to conduct the business or investment activities; and
- for investor visa applicants only, the amount of the existing designated investment, date deposited and name of State or Territory Treasury Corporation.
Business Performance
Performance of the Australian business or investment activities including:
- turnover and profit achieved in each of the past 2 financial years.
Contribution to the (State) Australian Economy
Summary of how the Australian business or investment activities are contributing to the economy of the State through:
- generation of new employment;
- transfer of new capital;
- expansion of trade in goods and or services;
- development of export markets or replacing imports;
- introduction of new skills, expertise, technologies or innovations; and
- investment in a regional area.
