Queensland to get a further $10 million in startup funding but a prominent Aussie entrepreneur says the scheme is “fundamentally flawed”

[1] The Queensland government is committed to provide a further $10 million in funding for early-stage startups.

[2] The Advance Queensland Ignite Ideas is aimed at helping startups with innovative ideas to develop and flourish, says minister for innovation, science and digital economy Leeanne Enoch.

[3] But well-known Australian entrepreneur and founder of TechnologyOne Adrian Di Marco says the funding is not enough and seems to be misleading.

[Source] Australian Information Technology News – Queensland to get a further $10 million in startup funding but a prominent Aussie entrepreneur says the scheme is “fundamentally flawed”