Up to $5 million in government grants available for SMEs

Don't miss this opportunity to grow your business.

Author

Maziar Foroudian
May 04, 2024

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Transform your advertising strategy by aligning with the most trusted online voices and tap into engaged newsletter audiences like never before. Responsibly invest your marketing budget and observe outstanding ROI. Learn more →

Join Brane founder Michael Chmielewski on his journey to combat social isolation through the innovative Australian app. Discover how his personal experience led to the creation of a platform that prioritizes instant connections based on shared interests, and the strategic partnerships that have helped Brane stand out in the crowded social media market.

Are you a startup or SME involved in innovative manufacturing? Look no further! The Australian Government's National Reconstruction Fund is offering grants ranging from $50,000 to $5 million to support your commercialization and growth projects. Take advantage of this opportunity to grow your business.

Discover how PsiQuantum, CoreWeave, Enviz, Xefco, Matrak and Space Machines Company are revolutionizing industries and shaping a sustainable future. Don't miss out on the latest funding news from Australia, India, the US and beyond.

Do you want to attract and retain customers while staying ahead of the competition? According to Telstra's latest report, having an up-to-date website is crucial. Discover how technology can improve your business and learn about the top priorities for Australian businesses in the digital world.

Top Tools

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  • ChatSpot: Empowering your business with intelligent conversations

  • FounderPal: Marketing tools for Solopreneurs

  • LemonSqueezy: Simplifying SaaS management and marketing

  • SidekickAi: The ultimate scheduling solution

  • PrometAI: Revolutionize your business planning with AI

  • LangFuse: Your all-in-one LLM engineering platform

Top stories

The federal government is working to improve small business access to $70 billion in contracts, following a review finding SMEs face barriers in the application process. Recommendations include abolishing the Procurement Coordinator function and providing more training for officials.

In 2023, only 33% of workers are engaged with their work, with Gen Z and young millennials showing declines. Employee loyalty is diminishing, leading to lower motivation and higher turnover. Solutions include innovative recognition points systems.

Australia

Australia's New Energy Apprenticeships Program offers $10,000 to clean energy apprentices. The scheme aims to train workers for the green transition by focusing on clean energy generation, transmission, and usage. The program has been expanded to include other sectors like housing and electric vehicles.

Airbnb hosts are increasingly using virtue signaling, promoting personal values like integrity and empathy in property listings to attract guests. However, research shows that moderate virtue language can boost earnings, while excessive signaling can harm business credibility.

Australian Economy

Economists are advising the government to tighten immigration policies to combat rising inflation as the Reserve Bank ponders interest rate cuts. Despite expectations to maintain the cash rate, a tightening bias might return after unexpected inflation data.

Jones Partners, administrators of a company embroiled in a massive tax fraud case, managed to reduce an $11 million debt to just $1. Revenue NSW is now fighting back in court to reverse this decision and bring the shadowy directors to justice.

Labor's ambitious goal of building 1.2 million new homes in five years faces challenges as the national council predicts a shortfall of 300,000 homes. The private market is expected to fill the gap with 903,000 new homes by 2029.

World

The Bank of Japan intervened with 3.66 trillion yen to boost the struggling yen, with further interventions totaling 9 trillion yen. Despite efforts, the yen remains down 10% against the dollar due to differing government bond yields. Fed Chair Powell signals a slow approach to inflation target.

In April, the United Nations food agency reported a rise in food prices for the second consecutive month, driven by increases in meat, vegetable oils, and cereals. The FAO also adjusted its projections for world cereal production in 2023/24.

Satellite images reveal the devastating forest fires in Uttarakhand, highlighting the urgent need for better management strategies. India's peak fire season, lasting 12 weeks, has resulted in the loss of 38,100 hectares since 2001.

Tech

The Department of Justice and Google are wrapping up their antitrust case, with Google facing allegations of monopolistic practices and hefty payments for default search positioning. If DOJ prevails, the ruling could reshape online advertising and search market dynamics.

AI is revolutionizing game development, reducing costs, and freeing up designers' time. Companies like Promethean AI and Inworld are using AI to create virtual worlds, enhance character depth, and empower players' unique experiences. The industry is evolving, with developers welcoming AI's role in enhancing creativity.

The FDA has granted the Apple Watch approval under the Medical Device Development Tools program for its atrial fibrillation feature. This marks the first time a digital health technology has received such recognition, allowing for important advancements in clinical studies and cardiac treatment.

Curated for you

Digital media has both positive and negative impacts on society. While platforms like TikTok connect users and provide real-time information, excessive use can lead to addiction and reliance on potentially harmful information. Setting boundaries and engaging in offline activities is crucial for maintaining a healthy balance.

HouseFresh, a small review site, suffered a massive drop in Google traffic after criticizing the search engine's favoritism towards big media brands. This trend reflects Google's historical impact on businesses, highlighting the need for diversification.

By 2025, 50% of Enterprises are expected to embrace MicroVideo, transforming the landscape of enterprise video with AI and computer vision technologies. Aragon Research's report examines major providers to guide business and IT leaders in their evaluation process.

The rise of entrepreneurship has exploded globally, thanks to technology and popular TV shows. However, the convenience of AI may jeopardize hard work and human cognitive abilities, leading to potential negative implications. The key is to synergize with technology while prioritizing natural abilities.

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