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A Brisbane law firm dedicated to startups is looking for the next potential unicorn with the announcement of a new $50,000 Grant this week.
Bolter has launched its Little Giant Startup Grant to recognise and promote the incredible entrepreneurial spirit of Australians and give one lucky business a super-boost.
The competitive Grant, which includes $25,000 value of legal advice from Bolter and $25,000 in cash, is available to provide a boost to one new business through the startup process – whether that’s at conception, commercialisation or beyond.
Head of Bolter, Simon Playford said the objective of the Little Giant Startup Grant is helping Australian entrepreneurs take their business to the next level.
“We’re looking for applicants with a brilliant idea they need help getting off the ground, or business owners who have gotten the foundations laid but could really benefit from a helpful push,” said Mr Playford.
“2020 has definitely been a weird ride, but it’s also presented a unique opportunity for many Aussies to take the plunge and start a business or devote more time to developing their side hustle.
“People can spend years imagining their dream business, but never actually take the first step. Through this Grant we want to encourage those who have already taken that step to take the next one – and inspire those who have always wanted to, to jump on in.
“The Grant is available to all types of emerging businesses – tech innovators, problem solvers, family businesses and more.
“We hope that the Little Giant Startup Grant will be the motivation that Aussie startups need to back themselves and their business.
As Australia’s first state to appoint a Chief Entrepreneur, Queensland has a strong track record in investing in the startup community, and the Little Giant Startup Grant is twice the value of grants offered to date by the Queensland Government under the Advance Queensland programme.
“The expression of interest (EOI) phase is now underway and will run Friday 13 November. Eligible EOI candidates will be invited to submit an official application shortly after the EOI phase concludes,” said Mr Playford.
“Our judging panel will whittle this down to the top five finalists who will compete for the main prize at a Pitch Night in March next year– with one lucky business securing themselves the $50,000 prize on the night.
“Yes, there can only be one final winner of the $50,000 prize, but we want all applicants to walk away with some sort of value.
“Whether that’s through free legal resources available from Bolter, access to key players in the startup community or by linking startups with potential advisors – both Bolter and the Little Giant Startup Grant are completely driven by a desire to support Aussie startups.”
Bolter was established by Clifford Gouldson Lawyers (CGLaw), who saw a need for a dedicated group of lawyers who could support small businesses and startups during those critical first few years in business.
“Backed by the CGLaw brand and by our partners in the business industry, Bolter is extremely excited to offer the Little Giant Startup Grant as a way to highlight the Australian entrepreneurial spirit,” said Mr Playford.