APPLICATION EXTENDED - $990 GOVERNMENT GRANT TO HELP GET YOUR BUSINESS INVESTOR READY

Sydney, Monday 24 August For Immediate Release

APPLICATION EXTENDED

$990 GOVERNMENT GRANT TO HELP GET YOUR BUSINESS INVESTOR READY

Want to raise equity capital?

Don’t know what your company needs to get that happening?

Apply to the Becoming Investor Ready - Stepping Up Preparation for An Equity Capital Raising program presented by Alchemy Innovation Development, in association with the NSW Department of State and Regional Development (DSRD).

It’s aimed at NSW-based SMEs. That’s businesses that are high growth and in need of expansion capital.

The program gives companies assistance and all the resources required to mount a private equity capital raising through the Australian Small Scale Offerings Board (http://www.assob.com.au).

Applications can be downloaded from www.alchemyequities.com.au

Deadline is Monday September 14

- ENDS –

For further information contact:

Kate Ingham

Alchemy Innovation Development

P: 02 82336170

M: 0414 321641

E: kingham@alchemyequities.com.au

TOP 10 TIPS FOR SME EQUITY CAPITAL RAISING IN AUSTRALIA

TOP 10 TIPS FOR SME EQUITY CAPITAL RAISING IN AUSTRALIA

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GOURMET GIFTS UNWRAP EXPAT MARKET

GOURMET GIFTS UNWRAP EXPAT MARKET

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Homeowner assistance provider scales up for substantial growth

Have you ever been locked out of your house and had no idea who to call first? Ever experienced a plumbing emergency, requiring immediate attention but haven’t the time to source a reliable contractor that will turn up on time? Even if you’ve been lucky and this hasn’t happened to you yet – as our homes get older the likelihood that it will increases.

HomeSource Ltd is an innovative, first-to-market Australian company, providing 8 million homeowners and 1 million small businesses with annual, membership-based home assistance and advisory services.

Its key product, Home Assist, provides nationwide emergency home assistance (plumbers, electricians etc) - similar to a roadside assistance service.

HomeSource Access enables members to gain access to phone-based legal and business advisory services and recommendations for pre-vetted, licensed trades people.

Subsidiary mycontractor.com.au offers “compliance management made easy”. Assisting head contractors with compliance obligations, mycontractor.com.au is an effective online solution, saving time and reducing lengthy paperwork.

HomeSource Managing Director, Pia Vogel likens the Home Assist service to the home emergency cover that is now used by an estimated 30% of homes in the UK. “There are many similarities within the UK and Australian markets, yet a huge gap remains here in available emergency and advisory services for home owners. HomeSource meets such needs to provide a trustworthy, reliable, on-call service offering.”

“Our growing list of clients - including banks, insurance companies, real estate agents - are testament to the growing need for a ‘one stop homeowner shop’.”

HomeSource products are delivered directly or via channel partners as an adjunct product for their customers. Widespread distribution is currently in negotiation through key financial service providers, reward programs, insurance and utility providers.

International distribution is imminent with agreements already signed for both North America and the Middle East.

HomeSource has developed a strong business model, utilising scalable technology and systems. Having already invested $1million in developing its business since November 2005, HomeSource Ltd is now strategically positioned to become the leading provider of emergency home services in Australia.

The complete HomeSource product range is fully developed and poised for high growth. Through a highly experienced executive and board of directors, HomeSource will now continue to finalise channel partners and drive the product out to market.

HomeSource has completed the 2009, Stepping Up Advanced Capital Raising program - a NSW government initiative to develop small business owners through mentoring and capital raising assistance.

“Through the Stepping Up program we have been able to fast track the growth of HomeSource and address our expansion plans in short-term timeframe,” says Pia Vogel.

HomeSource has already completed its first capital raising round of $250,000 since opening in June. For more information on HomeSource, please visit http://www.assob.com.au/hms

ENDS

For more information or interviews please contact:

Brianna Power
Ph: 07 5520 7615
Mob: 0403 904 912
URL: http://www.assob.com.au/hms
Email: brianna@affinitymarketing.com.aubrianna@affinitymarketing.com.au