State Government to Invest in Innovative Small Businesses

The State Government have now opened Round 2 of the Rockliff Liberal Government’s Small Business Incubator and Accelerator Program.

Businesses of Glenorchy can apply for grants of up to $250,000 each to assist in formulating new and innovative ideas.

The program works to fund businesses as the design and deliver incubator programs which build businesses from the ground up and nurture innovative ideas, as well as accelerator programs which aim to fast-track business development.

Minister for Small Business and Science and Technology, Madeleine Ogilvie, said the Government recognises how important entrepreneurship is to our economy and the role it plays in driving new jobs and innovation in our state.

‘Guidance through this program aims to decrease risk and increase the sustainability and viability of new businesses’.

For more details about the Small Business Incubator and Accelerator Pilot Program, visit  https://www.business.tas.gov.au/home