Indigenous entrepreneurship continues to grow in Victoria

Melbourne, Australia, March 2020  — After running the world’s first Indigenous Accelerator in November 2016, Barayamal will be running more business programs in Victoria – thanks to LaunchVic, Victoria’s startup agency.

The rate of entrepreneurship for non-Aboriginal Australians is approximately three times more than that of Indigenous Australians. However, LaunchVic’s annual mapping of the Victorian startup sector found that Indigenous Australians make up two per cent of Victoria’s startup founders while representing only one per cent of Victoria’s population.

On Friday the 27 March 2020, Barayamal will be running an intensive Pre-Accelerator program at the Victorian Innovation Hub, which will explore how Indigenous entrepreneurs can quickly validate their business idea without spending a lot of money, the key differences between Indigenous vs non-Indigenous entrepreneurship and how to pitch to investors.

Indigenous entrepreneurs who need help launching or taking their business idea to the next level are encouraged to register now for Barayamal’s Pre-Accelerator program which closes on the 20th of March.

Barayamal is an award-winning Indigenous accelerator, which runs intensive entrepreneurship programs for Indigenous entrepreneurs, by Indigenous entrepreneurs – aka “Indigipreneurs” – who want to achieve their self-determination aspirations through Indigenous entrepreneurship.


Barayamal
At Barayamal, we believe that entrepreneurship and technology can change the world for the better.

We do this by building technology solutions, running business accelerator programs, free events, the Indigipreneur podcast, school-based education and by investing time and funding Indigenous startups, which are the high-growth economic and employment solution.

Barayamal means ‘Black Swan’ in Gamilaraay language. Black swans were first seen by Europeans in 1697 but before that, Europeans had only known of a white swan. In this instance, the black swan represents Indigenous entrepreneurs who have not been noticed in the world for their innovative businesses. Barayamal plans to show the world that Indigenous entrepreneurs exist and they can also build global businesses.

Barayamal acknowledges the support it receives from LaunchVic, Victoria’s startup agency.

Further information:
Dean Foley
Barayamal
p: +61 458 980 232 
e: [email protected]

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