As the Senate passed the Labor Government’s $15bn National Reconstruction Fund (NRF) bill today, Grant Thornton Australia expects many businesses will soon be able to access additional funding to invest in their R&D, manufacturing and technology capabilities. Some businesses that may not be eligible for
New research from the Business Council shows that Australia’s capacity to prosper from big economic shifts like decarbonisation and digitisation is at risk of being hobbled by record low investment. “Australia is in the grip of an investment drought,” Business Council chief executive Jennifer Westacott said.
Access to start-up cash has been voted as the main reason Gen Z and millennials are not going into business, a new poll from CPA Australia shows. Lack of start-up funds and work-life balance stopping young people becoming small business owners: CPA Australia poll CPA
Energy Efficiency Grants for Small Business; up to $25,000 to purchase energy efficient equipment upgrades. Small and medium businesses are encouraged to look at a new grant from the Australian Government providing up to $25,000 to replace or upgrade existing equipment to improve energy efficiency
LaunchVic wants to create Victoria’s first dedicated investment group for AgTech. Victoria’s burgeoning AgTech sector is set for a $1.3 million boost through a suite of new initiatives from LaunchVic and Agriculture Victoria live today. Grants of $50,000 are now available to 20 emerging AgTech
Growth, expansion and late-stage VC funding rounds down by 26.8% in 2022, reveals GlobalData As market conditions remained volatile, capital raising across most of the venture capital (VC) funding rounds took a hit in 2022 compared to the previous year. However, the decline was more
Victoria’s reputation as a global player in the quantum technologies sector continues to grow, as the Andrews Labor Government invests in an innovative Australian business leading the way in the emerging field. Minister for Industry and Innovation Ben Carroll today announced an $8 million investment
The Andrews Labor Government is backing more events across Melbourne’s suburbs, with a $3 million grant program to attract more visitors to local events, support more jobs and boost local businesses. Minister for Tourism, Sport and Major Events Steve Dimopoulos today announced that applications for
$750 subsidies available to help small businesses become more water efficient – save money on water with the WaterFix program. Sydney Water is offering small businesses a subsidy of $750 to cover repairs and replacement devices to help increase their water efficiency. The WaterFix program
Crowdfunding to start a business involves raising small amounts of money from a large group of people to help finance your venture. These individuals usually pledge a certain amount to your idea in return for a reward for their contribution. In this post, we take
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