Business Grants Project Proposal for Deserving Students at ABFC

This business research proposal outlines the issues faced by the Australian Business Finance Centre when implementing business grants and educational loans for deserving students. It addresses challenges such as identifying eligible students, managing costs, and mitigating risks. The proposal includes a key analysis of value proposition, business objectives, and market trends. It also covers project requirements, assumptions, constraints, cost analysis, and a risk management plan with mitigation strategies. The project, budgeted at $30,000 and spanning 194 days, aims to improve the organization's reputation and support student development, ultimately contributing to the Australian economy. The proposal concludes with a timeline and milestones for successful project completion.

Running head: BUSINESS GRANTS TO DESERVING STUDENTS
Business grants to deserving students
Name of the Student
Student number:

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Table of Contents
1. Overview of the project proposal................................................................................................4
2. Key analysis.................................................................................................................................5
2.1 State the value proposition.....................................................................................................5
2.1.1 Business objectives of the proposal................................................................................6
2.1.2 Problems which are needed to be solved........................................................................6
2.1.3 Current market trends.....................................................................................................7
2.1.4 Benefit for the community..............................................................................................7
2.1.5 Expected outputs.............................................................................................................8
3. Project requirements....................................................................................................................8
3.1 List and describe the requirements required for this project.................................................8
3.2 List and describe the assumptions of this project..................................................................9
3.3 List and describe the constraints for this project...................................................................9
4. Cost of the project......................................................................................................................10
4.1 Main and overall costs.........................................................................................................10
4.2 Cost Analysis.......................................................................................................................11
5. Major risks.................................................................................................................................11
5.1 Three major risk for the proposal............................................................................................12
5.2 Discussion of the risks.........................................................................................................12
5.3 Mitigation of the risks......................................................................................................12
Table 1: Mitigation of the risks.............................................................................................13
6. Time Scale...................................................................................................................................0
Figure 3: WBS of the project...................................................................................................0
Figure 4: Mitigation of the risks..............................................................................................1
6.1 Time required to complete the project...................................................................................0
6.2 List and describe the major milestones..................................................................................0
7. Conclusion...................................................................................................................................0
8. Reference.....................................................................................................................................2

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Executive Summary
The research proposal will be discussing the issues which can be faced by Australian Business
Finance Centre when they try to implement the business grants and educational loans to the
deserving students of their organization. All the problems associated with this project will be
discussed in this proposal considering the current market trends in Australia. The application of
the concept and its usefulness will be also considered in the proposal. The project requirements,
assumptions, constraints will be also presented in the proposal. The different categories of costs
and cost analysis will be also discussed in the paper. The risks associated with this project along
with the contingency plan can will be presented in the paper in a tabular manner. The proposal
will be concluding with the time scale of the project and the major milestones will be also
presented in this paper.

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1. Overview of the project proposal
The foremost determination of this business research proposal is to understand the issues
which might be faced by Australian Business Finance Centre as they are planning to offer loans
and business grants to their existing students. This program have considerable number of issues
such as unauthorized students may get the opportunity to get the loan instead of the existing
students of this organization and students who are more financially stable may get the
opportunity to get the loan instead of the deserving students. This business research proposal will
be very much useful for the management team of this organization in order to deal with the
above discussed issues.
The educational loans or the business grants which are provided to the deserving students
have numerous challenges such as the priority of the students which has to be classified in a
well-documented manner by the operational team of the organizationi. The loans which has been
already sanctioned to the deserving students must be indirectly contribute to the national
economy of Australia as wellii. Thus these important factors has to be significantly considered by
the administrative unit of the business organizations so that the desired results are obtained from
the deserving students who will be getting the loan.
This business research proposal will be having numerous unit and sub units such as the
key analysis which will be having the value proposition, problems associated with the project,
current market trends and requirements of the projects in terms of the constraints and
assumptions, costs required for the projectiii. The risks associated with this project will be also
presented in this proposal along with the mitigation steps for each of the risks.
The cost allocated for this project is $30000, and the project will be completed within 12
months. The main funding amount will be coming from the shareholders of Australian Business
Finance Centre. Apart from the main cost, this project will be having other overhead costs which
has to be given to the dedicated team, of this organization who will be monitoring the project
after the closure phase of this project. The time required for each of the phases of this of this
project will be presented in the time scale of this paperiv. This project will be conducted in 194
days starting from 1st April to 24th December 2019. The following unit of the paper will be
discussing all the key elements which are needed to be considered during this

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2. Key analysis
This is a very complicated project and it has to be evaluated in every phase. Each of the
phase of this projects has to be monitored effectively so that the desired results are obtained from
the project. This unit of the business research proposal will be evaluating and focusing on the
value proposition, the business objectives of the proposal will be also stated in this paperv. The
challenges associated with this project will be presented in this unit of the paper as well. The
current market trends which are followed by most of the educational organizations while
providing business grant will be also focused in the paper along with that impact of this
educations loans in our society will be also discussed in this unit of the paper.
2.1 State the value proposition
The value proposition of this project is one of the most important aspects as it can help
the organization to get the desired success they are achieving for. The value of services provided
by this organizations in terms of providing the educational loans and the business grants should
be of very high quality as it might have an impact on the market reputations of this organization
among all the other similar organizationsvi. The values associated with this projects in terms of
the identification of the deserving students from the undeserving students has to be identified in
the first place. This step can be followed by the application of the money which have been
released to the students, it must be directly or indirectly for the growth and development of our
society.
2.1.1 Business objectives of the proposal
This business research proposal have numerous objectives which are described as follows:
 To identify the deserving students with the non-deserving students.
 Authorization of the entire procedure before releasing the funds.
 To identify the utilization of the money by the students who have already got the
payment.
 To identify the impact of the business grants on the lives of the students.
 What are the unethical ways which can be used by the stakeholders of this project?

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2.1.2 Problems which are needed to be solved.
There are different categories of issues associated with this projects which as described as
follows:
Selection of current stakeholders: Dedicated personalities must be selected for this task
as it have numerous sensitive steps and decision making procedure such as the identification of
the deserving students from the underserving if the financially stable studentsvii. The primary
stakeholders of this project is the shareholder of the Australian Business Finance Centre who will
be releasing the funds.
Cost Analysis: The cost analysis of this projects is also a significant issue for this project
as it involves all the different categories of cost associated with this project in the planning phase
and the implementation phaseviii. Financial Management is a very important aspect of this project
which has to be done very accurately as the business conditions of Australia is very dynamic in
nature. The rules and regulations of Australian laws has to be also considered in the cost
analysis.
Risk Management: All the different categories of risks associated with this project has
to be identified in the first before the project startsix. The team which will be working to mitigate
the risks has to be recruited in a professional manner.
Time Management: The project has to be done within the time allocated, it must start on
1st April and will be ending on 24th Decemberx. All the phases and sub phases of this project must
be done within the time, the details of the time management will be provided in the Time scale.
2.1.3 Current market trends
Considering the current market trends in Australia, it can be said both the performing
assets and the non-performing assets of the organization has to be considered while organizing
this event. The business grants are provided by most of the reputed similar business
organizations in Australia, the success and failure of these projects has to be considered in this
project also so that the difficulties face in those do not have any impact on this project.
2.1.4 Benefit for the community
Considering the social perspective it can be said that the business grants can be very
much useful for our society as it is providing the deserving students the medium to start their

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business according to their necessities and requirements. The business grants and the educations
loans is also very much beneficial for the banks of Australiaxi. These events can be very much
useful for Australian Business Finance Centre as well as they can choose their banking partner
wisely. The literacy rates of the country can be also improved using this educational loans. The
students who are looking forward to their higher education can use the amount as well. The
employment rates of the Australia can be also improved due to the business grantsxii. Income tax
benefits can be also obtained from the educational loans which are given by the educational
organizations. Numerous categories of taxations protocols can be also avoided by the students if
the students gets the educational loan from the Australian Business Finance Centre.
2.1.5 Expected outputs
This project can be very much beneficial not only from the point of view of the
organization as well from the point of view of the students. The reputations of the organization
can be improved to a huge extent and the students can also manage their carriers using the
money they will be getting as the educational loanxiii. This project can have a huge impact on the
educational organization as it will help them in attracting most of the potential students of this
organization. The eligibility of the operational faculties of this organization can be also improved
after this project is successfully completed with the time which will discussed in the time scale.
The role of the shareholders of this organization and their performance can be also tested during
this project.
3. Project requirements
3.1 List and describe the requirements required for this project
The requirements for this project are as followings:
 IT experts are required to store all the information of the deserving students before after
completion of the projectxiv.
 HR department of the educational organization should be recruiting the human resources
required for this project in a professional manner.
 Statistical analysis tools such as Statistical Package for the Social Sciences (SPSS),
MATLAB, Microsoft Excel sheets, Graph pad prism and Minitab can be very much
useful for the analysis of the data which will be considered in this project.

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 Quality Analysis tool is required for this project such as diagrams and maps.
 The role of the bankers are also very much important for this project as they can discuss
the banking issue with the management team of the educational organization as well.
3.2 List and describe the assumptions of this project
The assumptions of this project are as follows:
 The students must be aware of the facilities of the business grants.
 The business grants will be taken only by the Australian citizens.
3.3 List and describe the constraints for this project
There are different categories of constraints associated with these projects such as the
followings:
 Selection of the undeserving students.
 Categorization of the students who have already got the amount with the students who are
eligible to get this offer.
 The utilization of the money in illegal activities is also a huge source of concern in this
projectxv.
 There is a cyber-security risk involved in these projects also such as the use of the SQL
injection attacks during the transfer of the money from the banks to the bank accounts of
the students, any sorts of interceptions within the network can be disastrous as well.
4. Cost of the project
4.1 Main and overall costs
Cost/Benefit Analysis for Australian Business Finance Centre
Planning phase 5000
Implementation phase 25000
Total Cost for the project 30000
Total Cost for the project
Figure 1: Total Cost of the project for Australian Business Finance Centre
(Source: Created by the user)

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The total cost of this project is $30000 AUD. The project will be funded by the main
shareholder of Australian Business Finance Centre. The funds can be released in a milestone
basis regarding each phase of the projectxvi. Initially $5000 will be required for planning the
project, the planning phase has to be done by strict professionals which have years of experience
working on similar projects as they will be very much useful while dealing with adverse
conditions during or after the project is completedxvii. Documentation is a very important aspect
of the planning phase and the rest of the projects depends entirely on the documented which are
prepared on the planning phasexviii. The following unit of the paper will be presenting the cost
analysis for this project.
4.2 Cost Analysis
Year of Project
year 0 year1 year 2 year 3 year 4 year 5 TOTALS
Net economic benefit $0.00 $14,000.00 $14,000.00 $14,000.00 $14,000.00 $14,000.00
Discount Rate 8% 1 0.9259 0.8573 0.7938 0.7350 0.6806
PV Of Benefits $0.00 $12,962.96 $12,002.74 $11,113.65 $10,290.42 $9,528.16
NPV of all BENEFITS $0.00 $12,962.96 $24,965.71 $36,079.36 $46,369.78 $55,897.94 $1,76,275.74
One Time Costs $30,000.00
Recurring Costs $0.00 $250.00 $250.00 $250.00 $250.00 $250.00
Discount Rate 8% 1.0000 0.9259 0.8573 0.7938 0.7350 0.6806
PV Of Recurring Costs $0.00 $231.48 $214.33 $198.46 $183.76 $170.15
NPV Of All Costs $30,000.00 $30,231.48 $30,445.82 $30,644.27 $30,828.03 $30,998.18 $1,83,147.78
Overall NPV ($6,872.04)
Overall ROI = (Overall NPV / NPV Of All Costs -0.04
Break-Even Analysis
Yearly NPV Cash Flow $0.00 $12,731.48 $11,788.41 $10,915.19 $10,106.66 $9,358.02
Overall NPV Cash Flow $30,000.00 ($17,268.52) ($5,480.11) $5,435.08 $15,541.74 $24,899.76
Project break-even occurs between years 2 and 3
Use 1st year of positive cash flow to calculate break-even fraction 2.5021 years
Figure 2: Cost/ Benefit analysis for Australian Business Finance Centre
(Source: Created by the user)
The net economic benefit each year is presented in the above figure which states that
$14000 per year. The NPV of all cost for the first year is $30231.48, second year is $30445.82,

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third year is $30644.27 and for the firth year is $30828.03xix. The positive cash flow for the 1st
year in this project is around 2.5021 years.
5. Major risks
There are different categories of risk associated with this project which will be discussed
in this unit of the paper.

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5.1 Three major risk for the proposal
The three major risks for this proposal are as followings:
o Financial management of each of the phasesxx.
o Identification of the deserving and non-deserving students.
o Monitoring the usage of the money which are already sanctioned is also an important risk
associated with this project.
5.2 Discussion of the risks
5.2.1 Financial management: The total budget has to be used both the phases of this project.
The financial management is one of the most important considerations for this project.
5.2.2 Classification: The identification of the deserving students depends upon the success and
the failure of the projectxxi.
5.2.3 Monitoring the usage of the money: The facility obtained by the students should be used
for their personal activity and it can have an impact on the final output of this project.
5.3 Mitigation of the risks
Risks Mitigation Plan
Financial management Remove the unnecessary expenses of the
projectxxii.
Classification The categorization of the students can be done
by a dedicated team who will be reviewing
the documents submitted by the students who
will be applying for the business grants and
educational loans
Monitoring the usage of the money The social media activities of the students
needs to be tracked in order to minimize this
issue
Table 1: Mitigation of the risks
(Source: Created by the author)

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