August 12, 2015
In
Growth Grants
Agreement with National Australia Bank to capitalise grant funding for investment readiness funding for purpose driven enterprises and design of the fund to roll out March 2015. Since then, NAB’s contributions of $1.75m enabled an impressive range of enterprises to secure advice and raise capital including Hire Up, Maths Pathway, Vanguard Laundry, averaging more than 20 x leverage on grant funding. In 2018, the fund was recapitalised by administration of $7m in Australian Government sector readiness funding which will run through to 2021.