GRANTS TO KICK-START BRISBANE TECH SCENE

Written on the 1 April 2015

GRANTS TO KICK-START BRISBANE TECH SCENE

BRISBANE technology start-ups are being encouraged to apply for an investment program to get their hands on a share of $25,000 in funding.

The Lord Mayor's Budding Entrepreneurs Program offers grants of up to $5000 for business owners to study, attend a start-up conference, seek professional advice or participate in a trade mission.

Acting Lord Mayor Adrian Schrinner says the funding gives would-be entrepreneurs the chance to take their venture to the next level.

"The Budding Entrepreneurs Program provides practical support to some of our city's best emerging start-ups," Schrinner says.

"In Brisbane we have a growing community of exciting and inventive start-ups with low-entry costs and the potential to reach global markets and bring significant investment into the Brisbane economy.

"Start-up companies, which have relatively low entry costs, have the potential to reach global markets and bring hundreds of millions of dollars into the Brisbane economy."

Schrinner says it's important that the digital economy remains a key area of focus, with start-up companies presenting an enormous potential to expand.

Brisbane is considered an innovation capital and is ranked in the top 15 per cent of cities around the world for "nurturing innovation," he says.

Young Entrepreneur of the Year technology finalist Tanda is a past grant recipient and utilised the funds to grow its automated payroll system.

Digital Brisbane chief digital officer Cat Matson says the Budding Entrepreneurs Program allowed the company to kick-start operations.

"Alex Ghiculescu, who launched Tanda, used the grant to develop their software idea into a fully integrated cloud-based rostering, time, attendance and reporting system for small businesses," Matson says.

"At the time, Tanda were operating their business from a home office - now they have hundreds of clients across Australia and overseas and have moved into an office in Fortitude Valley."

Applications for the next funding round are open and close on April 30.


Latest News

OROTON GOES CLICKS AND BRICKS AS PROFITS SLIDE

TWO former Aussie lawyers have turned their passion for fashion into a $15 million dollar international business six ...

MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

THE rumour mill surrounding a high-level takeover of Mantra Group (ASX: MTR) is in full production with its shares su...

MELBOURNE CBD GEMS SELL FOR $17 MILLION, MARKING A NEW PROPERTY HOTSPOT

LITTLE Lonsdale Street in the heart of Melbourne's CBD has become a favourite for investors in 2017, following th...

CAN GOOGLE RECOVER FROM GLOBAL CONTROVERSY OVER ITS PROGRAMMATIC ADVERTISING SYSTEM?

IT'S the story that has rocked the world of advertising. The lucrative Google (NASDAQ: GOOGL) advertising system ...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter