Member for Barker Tony Pasin has announced that Limestone Coast Incubator, ‘eNVision Limestone Coast’, has been offered Federal Government Funding of $500,000 to boost its services to local business start-ups.The Flinders University project is one of four of the latest Australian incubators to benefit from $1.57 million in grants under the Australian Government’s $23 million Incubator Support initiative, an element of the Entrepreneurs’ Programme.
Mr Pasin said the announcement follows discussions held in Canberra with City of Mount Gambier Mayor and CEO and key Ministers last month.
“We have great talent and opportunity in this region and with increased collaboration and support the Limestone Coast can build upon what exists here to see businesses compete and thrive on a global stage.
“It’s great to see different levels of Government coming together to support innovation and businesses in the Limestone Coast to become global competitors,” Mr Pasin said.
eNVision Limestone Coast is a custom-made incubator delivering born-global new ventures and fast-tracking export startups.
“Incubators and accelerators are a vital part of effective innovation ecosystems,” said Mr Pasin.
“I’m very pleased that eNVision Limestone Coast is being supported to expand its offerings, helping more Limestone Coast start-ups to be internationally successful and contribute to the local and national economies.”
Over $2 million in funding has already been awarded under the Incubator Support initiative, reflecting the government’s commitment to this initiative, which is designed to assist new and existing incubators to improve the commercial prospects of Australian start-ups in international markets.
The Incubator Support initiative contributes to the continued implementation of the Australian Government’s National Innovation and Science Agenda.
For the full details of the Incubator Support grant recipients, go to https://www.business.gov.au/incubator-recipients
CONTACT: Charlotte Edmunds 8531 2466