About SBC

Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.

Contact us
Subscribe to our newsletter
  • This field is for validation purposes and should be left unchanged.
  • Home
  • Business
  • Labor’s pitches Startup Year initiative in Federal Budget response

[adning id=”12070″]

[adning id=”12070″]

Labor’s pitches Startup Year initiative in Federal Budget response

Labor Leader Anthony Albanese’s budget response included a pitch for Startup Year, a program helping up to 2,000 of the nation’s most promising entrepreneurs commercialise their ideas and university research.

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says the Startup Year initiative proposed in Labor’s budget reply could contribute to Australia having a world-class ecosystem for entrepreneurship.

Under the proposal, students would have access to loans of up to $11,300 through the HELP system to cover costs while participating in an accredited accelerator program.

Mr Billson says the initiative is an interesting proposal and is looking forward to learning more about it.

“The Startup Year program is a useful and constructive proposal about how we might ensure Australia has a world-leading ecosystem to support entrepreneurship,” Mr Billson says.

“I look forward to learning more about the approach over the coming weeks and working collaboratively to ensure small business are a key focus in Labor’s economic plan.

“We all share the ambition of Australia being the best place to start, grow and transform a business and what this means for our economic prosperity and livelihoods.”

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

Leave a Comment

Your email address will not be published. Required fields are marked *


Get breaking news delivered
  • This field is for validation purposes and should be left unchanged.


Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.