Micro Finance Fund

In reply to the Hon. A.L. McLACHLAN (11 February 2016).

The Hon. K.J. MAHER (Minister for Employment, Minister for Aboriginal Affairs and Reconciliation, Minister for Manufacturing and Innovation, Minister for Automotive Transformation, Minister for Science and Information Economy): I am advised that:

The Department of State Development (DSD) did not provide specific feedback to unsuccessful applicants to the South Australian Micro Finance Fund in writing, other than emphasising that the panel’s decision not to endorse the application did not necessarily indicate a deficiency in the application, rather it was a reflection of the highly competitive nature of the program, with only a small number of applicants receiving funding in each round.