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Inside Small Business, Partnership creates 1000 new community businesses

A microenterprise development project is ushering economic participation for community businesses that have traditionally faced barriers to start and grow.

At the Yothu Yindi Foundation’s Garma Festival on Saturday, Westpac and not-for-profit Many Rivers celebrated its project of developing 1000 new community businesses, half of which are indigenous-owned.

Recognising the success of the Many Rivers’ approach, Westpac announced a further $2.25 million in funding to support more aspiring business owners.

Speaking at the Garma Festival, held in the Northern Territory during the 40th Anniversary of the Aboriginal Land Rights Act, Mr David Lindberg, Chief Executive, Business Bank, Westpac said the partnership contributes to lasting social and financial outcomes for business owners and their communities.

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