Square founder Jack Dorsey has backed Indigenous impact fund First Australians Capital (FAC) with $3 million from its ASX-listed parent company Block. It’s the first time the global payments fintech, which in 2022, paid $39 billion to acquire BNPL Afterpay, has made a social impact investment in Australia. The former Twitter CEO and founder, now… Read more »
The Victorian Government’s startup body, LaunchVic has announced $1.37 million in funding for four organisations focused on supporting entrepreneurial activity among Indigenous Victorians. The four organisations receiving funding are Barayamal, Global Sisters, Ngarrimili, and Ngamai Moorroop Wili. Barayamal will use its funding to deliver a pre-accelerator and accelerator program for Aboriginal startups. The organisation stated… Read more »
KPMG has today launched a series of proposals aimed at spurring the economic growth of the Australian Indigenous community. To encourage further involvement in business and entrepreneurship, KPMG has developed 20 recommendations in conjunction with Indigenous thinkers to focus on areas of innovation, education and the Empowered Communities reform.