The latest recipients of grants from the government’s Incubator Support scheme have been announced, with six organisations sharing in $2 million in funding.
The Federal Government has today opened applications for its $23 million Incubator Support program, following on from recent changes made to its structure and funding. The support program will help startups access invaluable resources, and will now provide larger grants to existing accelerators and incubators.
Melbourne-based social enterprise accelerator One10 has opened a new office in Sydney to commercialise more purpose-driven businesses.
Turnbull announced that if re-elected he will invest a further $15 million in funding into NISA’s Incubator Support Program to drive support within the startup ecosystem.