DiversityEntrepreneurship#BreaktheBias
Today, women have made a considerable impact, if not having taken a commanding position, in various sectors, including edtech. And in this field, their strong showing stems from consistent effort, and community support, say women edtech leaders as they weigh on the challenges in the way ahead.
Australia’s ecosystem for enabling and empowering unicorns just found another investor. LaunchVic’s 30X30 program equips business leaders with executive education and mentorship to scale their startups to a unicorn status by 2030.
DiversityEntrepreneurshipFunding & Investment
Lack of access to funding, business networks and the outbreak of COVID-19 have worsened pre-existing inequities for women-led businesses in Australia.
EntrepreneurshipFunding & InvestmentStartups
Immutable is Australia’s newest unicorn after a $200 million investment raised its valuation to $2.5 billion.
LeadershipEntrepreneurshipOthers
The assistance is for businesses most impacted by Level 2 public health and social measures and includes a $66.8 million Small Business Hardship Grants Program, $2.8 million of payroll tax relief for large hospitality businesses, and $2.1 million for a COVID-19 Commercial Sporting Franchises Support Program.
Survey also highlighted that a record 44 Indian startups achieved unicorn status in 2021, taking the overall tally to 83 with a combined valuation of $277.77 billion
"For all its challenges, 2021 recorded the fastest growth in the Australian economy since 2007, making it the second fastest growth seen in the past two decades. Deloitte Access Economics sees 2022 as a similar story, with Australia’s growth remaining above average as pandemic damage to the economy continues to be repaired," the report states.
