Gold Coast Startup’s and SME’s to gain greater visibility of funding options under new international partnership

The Gold Coast Innovation Hub and Swoop Funding are excited to announce a new international partnership that will provide startups and SME’s with greater visibility into the grant, loan and equity funding options for their businesses.

Swoop Funding, a newly launched Irish fintech in Australia, provides a unique platform which includes a matching algorithm that helps to connect SMEs and Startups to suitable and viable funding options. Businesses accessing the service have their own financial dashboard to keep up to date on their financial and liquidity metrics and Swoop alerts them when they become eligible for new funds.

“Access to capital is one of the biggest barriers to growth for early-stage startups and small businesses.” shared Sharon Hunneybell, Gold Coast Innovation Hub CEO.

“Identifying grants and other appropriate funding opportunities has traditionally been a time-consuming process that requires ongoing monitoring for opening and closing of application dates. We are excited to welcome Swoop Funding to Australia and to provide local startups and SME’s with a clear picture of the funding landscape based on the stage and size of their business.”

Swoop’s Country Manager, Stephen Mullan said the growing FinTech company had identified a strong need for their service in the Australian market.

“Businesses today have a range of funding options from traditional banks to more innovative alternative funding products. But the process of filling multiple applications can be overwhelming for business owners. Swoop gives them full visibility on all possible funding options across loans, grants and equity, all in one place allowing business owners to make informed decisions about what is the best option for them.”

Australian startups and SME’s can sign up for the service and start receiving notifications of grant opportunities that are available to them by visiting: https://swoopfunding.com.au/gc-hub/

August 31, 2021