Tag Archives: funding

Aussie start-ups to get $83m boost

Now I’m really confused. IT News is reporting start-ups are to get an $83M funding boost, but if you go back and read the media release from Senator Karr’s office, it looks like there is a bit of a hurdle to  qualifyas a start-up:

The companies that could benefit from this fund employ at least 1000 people

Besides the mixed message hitting the media, I wonder if it truly is aimed at start-ups? 1000 people seems to be a pretty high bar for any start-up.

But at least, its something.