IN THE NT NEWS: NT GOVERNMENT AND PASPALIS OFFER $20M INVESTMENT BOOST FOR TERRITORY BUSINESSES

DIH is thrilled to share recent exposure from NT News regarding a significant development for sister company Paspalis. The article titled “NT Government and Paspalis Offer $20M Investment Boost for Territory Businesses” highlights the collaborative effort to inject a $20 million venture capital investment into local businesses, promoting economic growth and jobs in our region. To read the article in full click here.


See an extract of the article below:

The NT Government has teamed up with the Paspalis Corporation to launch a new investment opportunity for businesses looking to extend their presence in the Territory.

Twenty million dollars in funding is available with Paspalis and the government, through the Local Jobs Fund, investing $10m each.

To read this news article in full, please go to NT News.


Chief Minister of the NT Government Eva Lawler announced this new business investment opportunity in a media release on the 16th March, 2024.

She said, “With its (Paspalis’) track record supporting innovation and early-stage ventures in, or associated with the Northern Territory, we are pleased to partner with the Paspalis Innovation Investment Fund to diversify our economy and create more local jobs.” 

Read the original media release here.