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UOW initiative to boost economic resilience and create jobs
The University of Wollongong’s (UOW) business incubator and accelerator iAccelerate has been awarded $999,570 from the Federal and NSW governments’ combined Bushfire Local Economic Recovery Fund (BLER) to bring the iAccelerate program to 10 bushfire-affected regions, including four Local Aboriginal Land Council areas.
The project, led by UOW’s iAccelerate, will deliver education programs to support 90 of the most promising entrepreneurs and business owners in bushfire affected areas to create 300 new jobs.
Building on the success of the existing Bega Valley Innovation Hub, which iAccelerate launched in 2019 to drive regional innovation, the new project will target bushfire-affected regions by offering entrepreneurs access to economic resilience programs for industry and business development.