New Program Guidelines and Expanded Regional Focus.
As part of the 2016-17 Budget, the Government announced that the initiative would be expanded to better reflect the importance the Australian Government places on regional development. The changes build on the current imitative and will provide greater support to regional start-ups by improving the capabilities of regional incubators and accelerators. The initiative is also still open to applications from major cities and metropolitan areas.
Some of the key changes include:
A series of information sessions and a live-webinar will be held in early 2018 to provide more detail about changes to the initiative. Details and registrations for these sessions will be provided on business.gov.au shortly.
New Program Guidelines and Factsheet for the Incubator Support initiative are available. Further details about the initiative can be found at www.business.gov.au/
Assistant Minister Laundy's Media Release can be read here.