Friday, 7 June 2024, Bengaluru, India
The global fintech unicorn revealed its Airwallex for Startups program to foster the next generation of home-grown startups in Australia. The program that began in May of the year 2024 has seen over 500 startups sign up and express interest in reaping from the program.
Image Source: startupdaily.
Business Acceleration Grant
The startup can apply for the second $10,000 Business Acceleration Grant from Airwallex. Promising startups need to receive financial assistance to grow and achieve their strategic goals, which is the purpose of the grant.
The Vice President of SME & Growth at Airwallex, Matthew Sek said, “We have been hosting weekly community events with partners across Melbourne and Sydney since the launch of Airwallex for Startups. $50k free FX for their next cap raise, $50k in payment acceptance rebates, and free cards for founders.”
Benefits of the Program
Startups can access functional literature that will assist them learn how to manage their financial departments effectively. This incorporates many forms of learning material and first-of-its-kind research to increase financial knowledge. During the program, the entrepreneurs are taken through events which are networking events where a founder can interact with industry players, VCs, mentors, and other like-minded entrepreneurs.
Members also have access to special product offers for startups, some of the most popular and interesting are 50K free FX for the next cap raise, 50K in payment acceptance rebates, and free cards for founders. Another way that may be used by the entrepreneurs is media and editorial points in building their brand.
Business Acceleration Grant with $10,000
Perhaps even more enticing is the opportunity to apply for another $10,000 Business Acceleration Grant from Airwallex. It will assist start-ups in acquiring the capital required to propel their enterprises to the next level.
Conclusion
Announcing this grant, Airwallex once again underlines its commitment to encouraging more innovation in the Australian startup scene. Airwallex is not only investing in the future of the country’s startups but also supplying them with the tools and capital necessary for them to turn ambitious ideas into functioning companies of the future.
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