Budget reply: Labor will support young startups
Michelle Grattan. The Startup Year proposal, in Anthony Albanese’s Thursday night budget reply, would offer places for up to 2000 students. The scheme would run for a year, with the opportunity to scale up Labor’s industry spokesman Ed Husic said the goal would be “to increase the number and scale of new high-growth firms that are creating economic growth, innovation, and good quality jobs for the future”. Incubators and accelerators exist in a range of universities as well as in the private sector to help entrepreneurs with their startups. The students would be able to get mentoring ...