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Grants

6 ways biking can boost your productivity, creativity, and bottom line

June 27, 2016 by Reporter Leave a Comment

by: Hunter Walsh

biking in cycle city
Encouraging employees to ride a bike to work is growing in popularity not just because of cycling and employee wellness trends, but because it makes sense for both employers and employees to take advantage of the many benefits cycling has to offer. Today only about 1% of Australian workers cycle to work while about 66% drive, according to data from The Heart Foundation. Motivating and supporting active transportation can make a significant improvement in the health and wellbeing of your employees and your business.
1. Inactivity is a killer.
Physical inactivity like sitting at a desk all day and driving to get around instead of walking or cycling takes a toll both physically and financially. Johns Hopkins Medicine reports that physical inactivity is a known risk factor for high blood pressure, coronary heart disease, anxiety, depression, cancer and obesity. KPMG – Econtech data reports costs of physical inactivity in Australia to be $719 million in healthcare costs, and $9.2 billion in productivity cost. Cycling to work is an excellent solution because it’s efficient – combining exercise and transportation. Healthier workers make a healthier workplace, and cycling makes people healthy and happy…
2. Cycling makes employees happier.
A study conducted at the University of Sydney surveyed 846 urban commuters in Sydney and found that commuter cyclists are happier than drivers, pedestrians and people using public transport. About two times happier, to be exact, which leads us to reason number 3
3. Biking to work boosts productivity.
Happy employees are about 12% more productive, according to a study by economists at the University of Warwick. “When I bike to work I’m refreshed and relaxed,” said Lia Weston, partner at Bio-Mechanics Cycles & Repairs in Adelaide who has been cycling to work for 7 years. “The movement wakes me up.” Many people who cycle to work liken their morning ride to a cup of coffee, and the data backs up that feeling. A study of 100 employers conducted by Cyclescheme found that two-thirds of employers surveyed reported that employees who cycle to work are more energetic and productive.
4. Cycling improves mental health.
A long-term commuter study (10 years) looked at workers who commuted by car, public transportation, foot and bicycle. Thestudy, conducted by University of East Anglia’s Norwich Medical School and the Centre for Health Economics at the University of York, evaluated all types of commuters and took a closer look at those who had switched from commuting by car or public transport to active transportation like cycling. They found that those who made the switch had improved concentration and less stress.
5. A ride a day keeps the doctor away.
Employees who regularly cycle to work take one day less sick leave per year on average than their non-cycling colleagues, according to study findings from Dutch Research and Testing organization the TNO conducted on behalf of Tineke Huizinga, the deputy minister for traffic and works. The same report says that every 1% increase in the number of employees that cycle to work saves their employers nearly €27M per year due to lowered costs due to illness and absenteeism.


6. Parking cars is expensive. Parking bikes, less so.
A parking space can fit a single motor vehicle and cost about $22,000 to build. In comparison, that same space can fit as many as 20 bicycles in a bike rack, which costs only about $400 to install.
Bike shops Bio-Mechanics Cycles & Repairs in Adelaide and Ivanhoe Cycles and Melbourne Bicycle Centre in Melbourne have teamed up with global public health alliance My City Bikes to create beginner biking resources that assist entry level riders learn where to bike safely in their city.

These resources can help employees who are new to cycling find safe routes and need-to-know safety and maintenance information so they can start biking to work. For more information about beginner biking and organized workplace wellness programs to encourage cycling to work, visit mycitybikes.org/australia-work.

Filed Under: Australia, Business, Retail, Start Up Tagged With: Communications, Grants

Spending Money to Make Money; The Advantages and Benefits of a College Loan

September 28, 2013 by Reporter Leave a Comment

Education is of vital importance to the success of any economy, local or federal. A higher level of education will drive the overall skill set of a labor force. This helps to stimulate job growth.

student loans and benefits  australia and US grants

A higher skilled work force will also increase employment and wage rates. However, a college education is extremely costly. According to the National Association for College Admission Counseling, the average annual cost to attend a college was $22,261 for an in-state public school, and $43,289 for a private school. In a stagnant economy, these prices can seem very daunting, and the ability to attain an education may not be thought as possible. However, the federal government also recognizes this problem, and as a result, has constructed a student loan program that offers a variety of benefits and breaks for people wanting to get a college education. This has enabled countless individuals to successfully meet their educational goals, and obtain the college degrees that they desire.

Benefits of taking a Student loan

There are five major benefits that generally come with taking out a student loan. The first of these benefits is that a federal loan has a fixed interest rate. This means that the interest rate of the loan will not fluctuate during the fixed rate period of the loan, no matter what condition the economy may be in. This allows borrowers to accurately predict their future payments, enabling them to financially budget their future efficiently.

A major concern amongst borrowers is that if they are disabled or pass away while they have an outstanding loan, that their debt will be transferred to their family members. This is not be a concern among people who have a federal student loan, because the second major benefit to a federal student loan is that the government provides free loan insurance. This means that in the unfortunate event that an individual either dies or becomes disabled while their loan is still outstanding, that the federal government will cover the cost of their debt.

Another common concern amongst borrowers is that they will not be able to financially balance their loan payments while they also attend their college classes. This brings us to the third benefit of student loans, which is that the government will allow students to defer loan payments as long as they are enrolled as a half-time student. However, this benefit can be risky depending on the terms of the loan. Borrowers should be aware of this, and know the terms of their loan well before considering this benefit.

Sometimes, it is difficult for recent graduates to find employment in today’s economy. A major concern is that a person will not be able to find a job post-college, and will not be able to make payments on a loan. The federal government understands that job searching is difficult, and students may not always land the job that they desire. That is why the fourth benefit of student loans is that students who are expecting to go into a low-paying job can choose to participate in a program known as Student Loan Consolidation in order to lower their monthly payments to better match their monthly income. These programs often require post graduates to pay no more than 15% of their income. In 2014, these programs are predicted to lower this number to only 10%. It is an excellent way for graduates to customize, and extend their repayment plan to meet the demands of their post-collegiate life.

The final major benefit to taking out a federal student loan is that the government will not charge borrowers any extra money for repaying their loan ahead of schedule. Many money-lending companies will financially penalize individuals who make early payments, because this lowers the overall interest that the borrower will pay at the end of the loan’s lifespan. This is not the case with most federal student loans, because the government has a large interest in educating the population, so graduates who use a federal student loan do not have to worry if they come more money than expected, and wish to pay off their loan ahead of schedule.

In general, the annual income of a college graduate is double the income of a person who only has a high school diploma. Going into debt is a risk that nobody wants to endure. The benefits of a federal student loan helps to ease the negativity of debt by giving the borrower more control over the terms of borrowing, and their payment plan. Sometimes it is required to spend money in order to make it.

http://www.studentloansconsolidationservices.com/ offers information and articles on student loans and student financing.

Filed Under: 2013, Finance, Gpost Tagged With: Education, Goverment loans, Grants, Student loans

Business grants for Tourism industry

July 24, 2013 by Reporter Leave a Comment

Queensland Tourism Industry Council (QTIC) has welcomed new State Government grants to help business ventures related with tourism  get off the ground.

Queensland-tourism-brisbane-goldcoast-government

Australian business grants | Business News Australia | Startups In Australia

This grant from the government  allows Businesses to apply for up to 75,000 in assistance, which can be used to attract financial backers, with a total of $500,000 being made available.

This grant could help in new theme parks or accommodation in national parks and is aid to generate income and employment for regional Queensland

More information on TQUAL Grants including Tourism Quality Projects and Strategic Tourism Investment Grants is available at www.ret.gov.au/tqual or by calling 13 28 46.

Different Australian states Government Grant funding for tourism

Funding Programs – VIC

The following are funding programs that may be suitable for tourism projects.

http://www.tourism.vic.gov.au/

Victorian Government

Tourism Victoria

Event funding is available through the Tourism Victoria Events Program and the Country Victoria Events Program.

 

Destination NSW

Funding and Grants – NSW

Below is a listing of specific tourism funding and grants programs available to NSW tourism businesses.

Two types of funding are available:

  • T-QUAL Grants – Tourism Quality Projects
    Funding of between $15,000 (plus GST) and $100,000 (plus GST) is available on a matched funding basis.
  • T-QUAL Strategic Tourism Investment Grants of up to $1million to fund a small number of larger scale projects to support Indigenous tourism and/or economic development/tourism employment.

2012 applications have now closed.

 

See the Other Government Support External link page for information about other types of services available to boost your business.

 

GRANTS AND FUNDING – Tasmania

TQUAL GRANT SCHEME

Australian Government funded Tqual Grants are competitive grants program to promote strategic investment in quality and innovation in the Australian tourism industry. Tqual Grants will support initiatives that develop innovative product, services or systems within the tourism industry, contribute directly to long-term economic development in the host region or develop or support high quality visitor services and experiences

GRANTS AND FUNDING – NT

The following grants and funding opportunities are available to eligible NT tourism operators.
  • Grant and Funding Guidelines 2012 (PDF, 209KB)

 

Enterprise connect Funding

Enterprise Connect, an Australian Government initiative in the Department of Industry, Innovation, Science, Research and Tertiary Education provides just that.

Enterprise Connect offers comprehensive advice and support to eligible Australian small and medium-sized enterprises to help them transform and reach their full potential. Eligible businesses are able to request a comprehensive, confidential and independent Business Review at no charge

Australian business grants | Business News Australia | Startups In Australia

Filed Under: 2011, 2012 Tagged With: Australia, Australian business grants, Business, Business News Australia, Business Start up, Government, Grants, Startups In Australia

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