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Grant Award View - GA79710
Scaling B2B cooperation to solve for late payments globally.
GA ID:
GA79710
Agency:
Department of Industry, Science and Resources
Approval Date:
9-Apr-2020
Publish Date:
25-May-2020
Category:
Business Development
Grant Term:
22-May-2020 to 28-Feb-2026
Value (AUD):
$310,374.90
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 19/20 Growing Business Investment & Improving Business Capability
Grant Program:
Entrepreneurs' Programme – Accelerating Commercialisation
Grant Activity:
Scaling B2B cooperation to solve for late payments globally.
Purpose:
Zelo Trading Pty Ltd (ZeloPay) has developed an early payments platform for small to medium enterprises to solve the cash flow challenge. The early payments platform incentivises, automates and brokers early payments through a proprietary user experience to create immediate cash flow and administrative relief thereby making early payments easy, rewarding and a new cultural norm. Accelerating Commercialisation support will be used to help ZeloPay commercialise this early payments platform to liberate estimated billions of capital tied up in late payments
Internal Reference ID:
AC82265
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
ZELO TRADING PTY LTD
Recipient ABN:
35 629 014 786
Grant Recipient Location
Suburb:
BALGOWLAH
Town/City:
BALGOWLAH
Postcode:
2093
State/Territory:
NSW
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
VIC
Postcode:
3122
Country:
AUSTRALIA