Startup Queenstown Lakes offering microgrants
Are you a budding entrepreneur with a big idea, but need a little extra push to get it off the ground?
Startup Queenstown Lakes (SQL) has just announced a new Microgrants Program, designed specifically to support the next generation of founders in the Queenstown Lakes district.
With grants ranging from $500 to $3000, the SQL Microgrants are all about giving local startups the targeted boost they need—whether it’s for developing a prototype, conducting market research, or investing in essential equipment.
Unlike many funding opportunities, these microgrants come with no strings attached: there’s no repayment required and no equity taken. The only requirement is that your startup is based in the Queenstown Lakes district for at least six months of the year.
The focus is on sectors that reflect the region’s strengths and future potential: hospo-tech, outdoor-tech, film, food & beverage, and sustainability. By supporting these areas, SQL aims to help diversify and strengthen the local economy, ensuring Queenstown Lakes remains a vibrant hub for innovation and entrepreneurship.
“We want to help transform innovative ideas into reality and diversify our district’s economic landscape,” Marco Dingemans, General Manager at SQL, says.
“These microgrants will provide the essential boost that many startups need to move forward, whether it’s for product development, market research, or pivoting their business models.”
Successful applicants will not only receive funding but also ongoing mentoring from SQL Coaches and expert guidance from a panel of experienced entrepreneurs. This comprehensive support system is designed to help founders fast-track their product development, test their business models, and gain visibility within the local startup ecosystem.
The application process is straightforward: simply share your idea and outline how you’ll use the grant. Applications are now open, but you will need to apply before 15th of July. Decisions will be made within five weeks of the closing date. To help founders put their best foot forward, SQL is also hosting a Zoom information session where you can get advice and application tips from the team.
If you’re ready to take your startup to the next level, don’t miss this opportunity. For more information and to apply, visit the Startup Queenstown Lakes website.
Apply now at: www.startupqueenstownlakes.com/microgrants
