• Do you need help growing your business?

    Towers Business Development Pty Ltd provides consultancy services that your business needs to develop and grow.
(07) 4724 1118 - Talk to a business development professional now

We have conducted projects over the last 19 years sponsored by:

  • AusIndustry
  • Entrepreneurs Program
  • Commercialising Emerging Technology (COMET)
  • Business Improvement Grant
  • Commercialisation Australia
  • Enterprise Connect
  • Queensland Government Grants
  • Business Assignments for an Indigenous Local Government Organisation and Individual Business Enterprises
  • Accounting businesses mentoring for the introduction of new commercial services
  • Corporate Governance Mentoring
  • Business consultant for not-for-profit, charities and sporting organisations
  • Development of small business ideas for individual business enterprises

Peter Towers

Peter Towers was the COMET (Commercialising Emerging Technology), Business Adviser for Central, North Queensland and the Northern Territory from 2001 to 2011. During that time, he worked with approximately 60 companies with this Australian government programme, which developed new technology that they wished to commercialise.


We have conducted various mentoring and training assignments with accountancy businesses to introduce the team to the concept of offering a broader range of commercial services to business clients.


In 2016 and 2017 Company Director Training Courses were presented on behalf of AusIndustry in various locations in Queensland.


In 2017 training courses were presented on the role of a director/committee member of not-for-profits, charities and sporting organisations in various locations of Queensland.

The Secret to Our Success

We have developed a due diligence process to assist companies, located anywhere in Australia, in the assessment process for Early Stage Innovation Company status.  This relates to determining whether the company passes two of the three tests, namely “Early Stage Test”, “Gateway Test” and the “Principles Based Test”.

We have developed a business process to assist companies that are interested in raising capital as Crowd Sourced Funding Companies.  This will include a full awareness program on the requirements of the legislation, relative to the preparation of a Crowd Sourced Funding Offer Document and ensuring that the company directors are fully aware of the duties, responsibilities and powers of the Crowd Sourced Funding Intermediary appointed by the company directors.

Towers Business Development can assist businesses wanting to grow by offering a range of services from coaching and mentoring to managerial and financial development of your business, through to applying for government grants (if required and if you’re eligible) to assist your business to be “investment ready” so that you could obtain capital (to assist in growing your business) from investors, business angels, friends, customers, business associates and venture capitalists.  We assist businesses to determine eligibility for the Early Stage Innovation Company status by undertaking a due diligence assessment review and to prepare a file of supporting information for submission to potential investors and ultimately the Australian Taxation Office.  We assist companies to determine whether they comply with the eligibility requirements to be classified as a Crowd Sourced Funding Company and thus eligible to raise up to $5m per annum (if required) from the public.

We are able to assist businesses in the journey from innovation to investment readiness relating to:

  • Research and Development Systems
  • Accelerating Commercialisation Application Assistance
  • Early Stage Innovation Company Due Diligence
  • Crowd Sourced Funding Company eligibility to be able to raise capital
  • Preparation of Business Plans
  • Preparation of Strategic Plans
  • Preparation of Budgets and Cashflow Forecasts
  • Preparation of Business Valuations and Share Price Determination
  • Information Memorandum
  • Investment Pitch Mentoring and Coaching
  • Assistance in organising investment pitches for companies to obtain your business growth funding from investors, business angels, friends and venture capitalists.
We will have a preliminary meeting with a prospective client and, if we are both agreeable, will then submit a written proposal and quotation.


12 Eclipse Street Rowes Bay
Townsville, QLD, Australia, 4810
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Contact Details

(07) 4724 1118

Latest Towers Business News

Issue 89 - August 2018

Issue 89 - August 2018

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Issue 88 - July 2018

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Issue 87 - End Of Year Tax Planning – June 2018

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Issue 86 – May 2018

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