United States
The newly announced Entrepreneurs’ Infrastructure Program will focus on providing support for businesses via three funding streams.
Stream 1: Business Management
Allocated Funding: $207 million over four years
The first stream will help CEOs and managers “take time out to work on their business rather than in their business”.
With the help of advisors from the private sector businesses will develop plans for improvement and there will be access to limited funding to bring in additional specialists.
Stream 2: Commercialising Ideas
Allocated Funding: $141 million over four years
The second stream will provide a range of tailored commercialisation services designed to provide entrepreneurs and innovative businesses access to advice connection and support, to hence their prospects of commercial success.
Stream 3: Research Connections
Allocated Funding: $26.6 million over four years
The third stream will assist businesses understand the value of research, how to engage a researcher and how to negotiate agreements.
