START-GROW-FUND launches across the Territory

The Darwin Innovation Hub held it’s START-GROW-FUND event on Thursday the 10th of September to an audience of over 100 local business community members.

The event held in both Alice Springs and Darwin highlighted opportunities for a range of Territory businesses. Start-up mentorship in the incubator, programs for the more established business looking to achieve their next level of growth, CEO specific training, and venture-capital opportunities.

The evening also showcased two case-studies, presented by members who have both used programs of the Darwin Innovation Hub – Jason Davies, start-up CEO of HoldAccess, and Kamal Ali, Director of high growth business Sterling NT.

July 1, saw the Darwin Innovation Hub become appointed by the Australian Government Department of Industry, Science, Energy and Resources as one of 7 delivery partners of the Entrepreneurs’ Programme across Australia.

This is the first time the Commonwealth has established a local delivery partner in the Northern Territory.

General Manager, Emma Nesbitt says “This enables us to provide permanent on the ground support to local Northern Territory companies, a better and larger resourced team based in Darwin and Alice Springs, and a direct line to our other 6 delivery partners around Australia, giving us more leverage and local focus, really putting the spotlight on the Northern Territory”.

The Entrepreneurs’ Programme supports high-growth companies in the industries of Oil and Gas, Mining and Engineering, Food and Agribusiness, Advanced Manufacturing, Medical Technologies and Pharmaceuticals, as well as the enabling sectors.

Chamber of Commerce NT Chief Operating Officer Nicole Walsh, who attended the session in Alice Springs, said “the availability of support for Territory businesses through the Darwin Innovation Hub is extensive and impressive, we would encourage all business to check out the current opportunities”.