May 12, 2021
Treasurer Josh Frydenberg speaks to the media as he arrives to Parliament House in Canberra. Source: AAP Image/Mick Tsikas.
Last night’s federal budget gave us a whole lot to cover, both in terms of small business and startup initiatives. But between the digital economy plan, tax relief for SMEs and measures to boost employment, there were a few things missing.
Here are eight things we were looking out for that just didn’t materialise.
Support for women entrepreneurs
When it comes to encouraging entrepreneurship among women, the Women’s Budget Statement fell short of announcing any new support packages.
uSpark
MELBOURNE, Australia 3 February 2021 Today uSpark, a business accelerator based in Melbourne, announced the launch of Destination Start-Up, a partner program that offers Australian start-ups the opportunity to fast track their products to market. The acceleration process involves uSpark serving in the role of technology development partner, closing the gap between a founder’s vision for their product, and their ability to launch and scale it. uSpark gives founders access to the right technical skills at the right time. This is of particular benefit to non-technical founders who may have difficulty attracting backers due to the generally risk averse early-stage investment environment in Australia.