Building better incubators to support new Australian start-ups

The Minister for Industry, Innovation and Science, the Hon Greg Hunt, has launched the Incubator Support initiative.

The Incubator Support initiative offers grants:

• up to $500,000 for the creation of new incubators in regions or business sectors with strong links to international trade
• up to $25,000 for incubators to engage experts-in-residence to ensure start-ups have access to top quality research, managerial and technical talent.

The Incubator Support initiative is a new element of the Entrepreneurs’ Programme and is one of the measures under the Government’s National Innovation and Science Agenda.

To read the media release, visit minister.industry.gov.au.

For more information, visit Business.gov.au.