The Australian Business Growth Fund (ABGF), formed to stimulate growth in the SME sector by offering growth capital to Aussie SMEs, will invest $15 million in Derwent Industries Group. The company’s primary focus is on technological innovation, developing a skillset of advanced manufacturing, and building proprietary processes which will create more jobs for Australians by enhancing local world-class manufacturing capabilities. ABGF investment will boost the manufacturing capacity and product range of Derwent Industries. ABGF is thus striving to build an investment pipeline of SMEs with $2 to $100 million in revenue, a proven business model with considerable growth potential.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.