Finance

Apart from the cash prize, the winner will also receive one-on-one mentorship for 12 months from fitness entrepreneur and KX Pilates founder Aaron Smith.

Alison Stokes of Anthogen Australia and Green Knott founder Anthony Gabrielian will also receive a mentoring session through the grant.

Winners of Visa’s She’s Next Grant Program FRIKA Activewear, Pod Dietetics and Better Tea Co. each received grants of $10,000 while the seven runners-up received $5,000 each.

The turn of the new financial year did not only launch a new raft of tax measures, but a smattering of small business grants designed to empower the nation's entrepreneurs.

The ACT Government’s 2023-24 budget has also committed funding continuation for the Innovation Connect program for the next two years.

The Xero Beautiful Business Fund will be open to Xero small business customers in Australia, New Zealand, Singapore, South Africa, the United States, Canada and the UK.

Of all the small businesses across NSW, only one third of these businesses are owned by women, according to the state government. 

Visa will sponsor 64 grants that will be awarded to women-owned small businesses during the FIFA Women’s World Cup.

Leaders in the NSW startup sector are urging the state government to reconsider its decision to pause new grant funding, as entrepreneurs fear losing investor support.

The Boosting Female Founders scheme is facing fresh setbacks, with the federal government telling nearly 700 applicants not to expect updates before June — an eight-month delay to the program's initial time frame.

Queensland algae innovators, a Victorian warehouse tech developer, and a South Australian firm focused on plastic-free wet wipes are among the last six companies to receive funding from the Advanced Manufacturing Growth Centre's $30 million Commercialisation Fund.

A flood-assistance package has been agreed upon between the federal and NSW governments to assist businesses and not-for-profit organisations.