BUSINESS SUPPORT & FINANCE

Refugees are Australia's most entrepreneurial migrants, nearly twice as likely to start businesses as the broader Australian population.

THINKING OF STARTING YOUR OWN BUSINESS?

Thrive Refugee Enterprise has already assisted more than 3,000 refugees who have reached out to discuss the opportunities in starting a business. We provide business education and planning support, and in some instances financial support through a loan of up to $50,000.00 for refugee men and women.

If you have a business idea or would like to find out more about new business opportunities, simply register your details below and we will contact you to discuss your needs.

I would like to Start a Business

Please fill in your details here and a client relations team member will be in contact with you in 1-2 business days.

HERE IS HOW WE CAN SUPPORT YOU

We will sit down with you and talk through your business idea. We’ll help you answer questions like:

  • What kind of business do you want to start?

  • Will you be starting this business on your own or with others?

  • Who are your customers?

  • Marketing plan on how to reach new customers?

  • How much money will you need to get started?

  • How much do you anticipate earning in the first 12 months?

  • What are the costs associated with earning that income?

We can provide information to help you decide on the right business structure (like sole trader, partnership or company) and support you with all the basics such as applying for an ABN (Australian Business Number), registering a business name, and understanding what licences or permits you might need.

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Finance

If you need money to help start or grow your business, we can help you apply for a Thrive Refugee Enterprise loan.

Our business loans range from a few hundred dollars up to $50,000.00, depending on actual needs and the business’ ability to repay the loan from business income generated.

In most cases, you’ll need to contribute some equity funding to the proposed business activity as an investment in the future success of your business operation. This could either be from savings accumulated, or financial support from family members or community.

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Once your business is up and running, it’s important to build strong foundations to keep it going and help it grow. We can provide support and practical tools to help you manage your day-to-day operations and plan for the future.

  • Budgeting and managing your cash flow

  • Keeping good records (income and expenses)

  • Understanding your tax and GST obligations

  • Finding and keeping customers

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Business Idea

Business Growth

Please fill in your details here if you are interested in starting your own business.

SPOTLIGHT ON SUCCESS

David learnt about Thrive’s services through his wife and after a process of business planning, he was supported with a loan to start a Jim’s Moving business.

Kevork had already started his automotive business when he approached Thrive for additional support and finance to grow his business.

A business loan from Thrive assisted Sara to open her Dory Fish and Chips shop.