Shop Handmade: the end of an era
It’s the end of an era for hyperlocal Canberra store Shop Handmade, with doors set…
They’re two of the business ideas awarded a share of $260,000 as part of the Innovation Connect (ICON) Grant earlier this week.
Presented by the Canberra Innovation Network in partnership with the ACT Government, nine local businesses have been chosen to receive a combined funding of $262,400 to nurture their innovative business ideas.
“We’re supporting local innovation to create jobs and diversify the ACT’s economy,” says Chief Minister Andrew Barr.
“Seed funding from our ICON grants helps to support ideas through their early stages so they may attract private sector investment and interest later on.”
ICON’s purpose is to provide seed funding—between $10,000 and $30,000—to support the early stages of a business such as market testing, prototyping, patenting and commercial feasibility.
“I am always amazed at the breadth and diversity of innovative ideas that entrepreneurs in Canberra pursue,” says Petr Adamek, CEO, Canberra Innovation Network.
“From applications of quantum computing to health, every ICON round brings out new ideas and new entrepreneurial people who are passionate about changing the world for the better. It is so critical that we nurture this activity within our city and provide these innovators with the opportunities, connections and resources they need to succeed.”
The full list of ICON grant recipients for 2021:
Think this could be perfect for your business? The next round of the Innovation Connect Grants will open Spring 2021. See cbrin.com.au/icon for more information.
It’s the end of an era for hyperlocal Canberra store Shop Handmade, with doors set…
In today’s competitive environment businesses have come to rely on creative thinking to stay ahead…