Welcome to the June / July 2020 edition of the Funding
We have been very encouraged by the level of business and investor activity during the past month. Investor confidence is returning and we have seen a rise the number of pre-IPO companies wanting to list on the ASX (as an example). Border restrictions are being eased (eg. http://statements.qld.gov.au/Statement/2020/6/30/restrictions-eased-border-plan-in-place) and Governments have been rolling out grant programs (see below) to support small and medium businesses. We have seen an increase in companies looking to boost cash flow or improve working capital by accessing invoice, trade or debt financing to support their business.
us if you need assistance.
Small Business COVID-19 Adaption Grant Program - Round 2
"The Queensland Government has extended the Small Business
COVID-19 Adaption Grant Program. As part of Stage 2 of Queensland's
Economic Recovery Strategy – Unite and Recover for Queensland Jobs, up to
$100 million is being made available to deliver a second round of
grants, with half of this funding specifically earmarked for regional small
businesses located outside of South East Queensland.
Round 2 opened at 9am on 1 July 2020."
Ignite Ideas Fund - Round 7 is now open
"The Ignite Ideas Fund supports Queensland based small to medium businesses that have high-growth potential to undertake commercialisation projects that will:
- strengthen key industries in Queensland
- diversify the Queensland economy
- compete in domestic and global markets
- engage and/or benefit regional Queensland
- create new jobs, now and into the future.
This edition of our newsletter includes:
- Update from IMANI;
- Updates from BlueMount Capital: Introduction of Project Portus and Project Luxuria, plus new audio publications;
- MHI advises on Cyber Risk and Insurance;
- Your COVID-19 Escape Offer.
As always, we invite you to download our updated deal list from our website (registration / log-in required, membership is free).
For more information please contact us.
Please click here to read the full newsletter.
Funding Strategies is open for business and ready to help!
We invite you to reach out to confidentially explore your business issues and funding options. We have a capable, globally connected team with a strong track record.
We look forward to hearing from you!