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Amazon offers $90,000 to innovative SMBs in Launchpad program

Australian start-ups and entrepreneurs looking to accelerate growth and innovate can apply for this year’s Amazon Launchpad Innovation Grants program.

For the first time, 10 finalists will be able to present their pitch in person at Amazon Australia’s HQ in Sydney in front of a panel of judges.

Each grant package includes $20,000 in cash and an opportunity to apply for up to $10,000 in AWS Activate Credits. Finalists will also get feedback on their pitch and have the opportunity to network with industry experts at the event.

Amit Mahto, country manager of marketplace at Amazon Australia and Singapore, said the grants will help winners expand their businesses to reach more customers in Australia and around the world in Amazon’s stores.

“As the retail sector continues to digitise, we are proud to empower more than 14,000 Australian businesses who sell in our stores globally – and look forward to welcoming a few more this year from the Launchpad program.”

The package also includes support from third-party experts such as Export Accelerator, Podean and Airwallex, featured seller placement on the Amazon Launchpad homepage as well as marketing, PR and merchandising opportunities.

Entries to the grants program can be submitted until April 14. Winners will be publicly announced in May.

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