Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
28th February 2012
ANZ intensive business mentoring programme
ANZ has linked with Innovyz to give a number of small businesses an intensive business mentoring programme which includes an equity investment by Innovyz in the businesses. The programme requires the business owners to be in Adelaide for the 3 month length of the programme.
The ANZ Innovyz START programme is modelled on the US TechStars programme.
Commenting on ANZ’s partnership with Innovyz, ANZ General Manager for Small Business, Nick Reade said: “Our support for this program forms part of ANZ’s commitment to the Australian small business sector. We’re also a strong supporter of the start up segment, having an approval rate of around 80 per cent for ANZ start up loan applications.
“The Australian small business sector contributes almost half of Australia’s private sector jobs, and while many are very successful, there are some which are having a tough time at present, and the sector continues to need investment and support.
“This program is about fostering growth and innovation in small business, and accelerating the development of start-up companies who really need that initial leg-up to get going.
“Whether you’re a new small business, or just someone with a great innovative idea, it’s about having the right support, mentoring and skills to get off the ground. The ANZ Innovyz START program is all about creating a launch pad for these people by giving them the expertise and funding to grow and commercialise their business,” Mr Reade said.
Businesses have until the 20th April to apply with the programme starting on the 28th May of this year.