One of Australia's most well known entrepreneurs has applauded the NSW Government's recent multi-million dollar grants and loan program, but says everyone needs to stop being so enamoured with tech startups.
The Government's Jobs For the Future initiative, which is allocating funds from its $190 million Jobs for NSW Fund, offers $3 million in grants of a maximum $25,000 to embryonic startups or a maximum of $100,000 in Building Partnerships grants for those with a solid business model. Startups can be involved in any industry and be registered in NSW but they must be developing some sort of technology to be eligible.
Image: The Entourage founder Jack Delosa says governments need to focus on all startups, not just tech-based ones.
