5 June 2022
Madeleine Ogilvie, Minister for Small Business
When our businesses are doing well it means our community is doing well, which is why the Tasmanian Liberal Government is continuing to support our small business sector to strengthen Tasmania’s future.
A program aimed at supporting businesses build from the ground up and nurture innovative ideas will see almost $1 million invested to four programs to deliver important guidance to businesses.
The recipients of the Small Business Incubator and Accelerator Pilot Program will provide specialist advice and support, aiding the creation of new businesses and the success of existing early-stage businesses in key economic sectors.
After a competitive application process, the successful programs include:
- Braddon Business Centre Inc – Small Business Accelerator Program (targeting the retail, manufacturing, primary production, food processing, and construction sectors);
- Illuminate Education Australia – Shift Lab Incubator Program (targeting businesses from all sectors);
- Seedlab – Germinate Incubator Program (targeting the agri-business, advance manufacturing, health and beauty sectors); and
- Secret Lab Pty Ltd – Narrative Game Development Incubator (targeting the gaming and game development sector)
Competitive grants of up to $250,000 were available for eligible organisations to design and deliver incubator programs to nurture innovative ideas and build businesses.
There was also funding for accelerator programs, which are aimed at fast-tracking business development to help entrepreneurs advance to the next stage of their business life-cycle.
I congratulate all recipients and look forward to seeing the results of the programs as they are delivered over the next 12 – 24 months.
There is no greater supporter of Tasmania’s 39,000 small businesses than the Tasmanian Liberal Government, as we recognise that the small business sector is crucial to growing our economy and creating jobs.
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