Supporting Aboriginal Businesses And Entrepreneurs  - LaunchVic

Supporting Aboriginal Businesses And Entrepreneurs 

Announcements

Last Updated: Friday, 23 March, 2018

The Andrews Labor Government today announced new grants to benefit Aboriginal businesses, entrepreneurs and startups and a $750,000 funding package for Kinaway, Victoria’s Aboriginal chamber of commerce.

Victoria’s startup agency LaunchVic has opened a round of grants designed to improve access and participation in the state’s startup community for Aboriginal Victorians.

The grants of up to $500,000 will drive education, acceleration, incubation and mentoring programs that focus on startup thinking, global engagement and the use of disruptive technology for Aboriginal entrepreneurs.

LaunchVic’s mapping of the Victorian startup sector in 2017 showed Aboriginal businesses are poorly represented.

Additionally, the rate of entrepreneurship for non-Aboriginal Australians was about three times more than that of Aboriginal Australians, according to the 2011 Census.