The Victorian government has unveiled the recipients of $1.37 million in funding specifically designed to support start-ups and entrepreneurship among Indigenous communities.
Four organisations will jointly share in the funding, provided by the state’s dedicated start-up agency LaunchVic, to deliver business mentoring, acceleration, incubation and education programs to Aboriginal entrepreneurs.
- Barayamal: Australia’s first Indigenous focussed start-up accelerator which will deliver Victoria’s Indigenous Business Accelerator Program
- Global Sisters: Which will deliver workshops on start-up thinking and incubation for regional Victorian Aboriginal women
- Ngarrimili: Which will run a series of workshops in rural Victoria and an incubator program
- Ngamai Moorroop Wilin: An RMIT organisation that will run regular Ngamai meetups to build a community of Aboriginal entrepreneurs
“Victoria is growing as a start-up and entrepreneurial hub of Asia-Pacific and we want to make sure all Victorians, no matter what their background or heritage, have the chance to be a part of that growth,” Victoria’s Minister for Innovation and the Digital Economy, Philip Dalidakis, said.
The government quoted 2011 Census data as showing that entrepreneurship among Aboriginal Australians was roughly a third that of non-Aboriginal Australians.
However, it claimed this is rapidly changing, citing yet to be released figures that Indigenous Australians make up 2 per cent of Victoria’s start-up founders, despite accounting for just 1 per cent of the state’s population.
It follows the launch of the Barayamal Centre of Entrepreneurship in inner Brisbane in July of this year, which was touted as the first of its kind for Indigenous entrepreneurs in Australia.
Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016.