Our Credentials

Our successes inspire us to continually strive for greater positive impact in the entrepreneurial space:

  • Since 1998, we have helped create over 3,000 new business enterprises under the New Enterprise Incentive Scheme (NEIS), with approximately 90% remaining in business for over 15 months.
  • We have one of the highest rates of enterprise formation among graduates in the country at 5% in university and 11.2% in vocational education programs.
  • RMIT students create hundreds of fully fledged business plans each year, assisted through our range of entrepreneurial programs and initiatives.
  • Since 2015, we have invested a total of $7 million into our New Enterprise Investment Fund (NEIF), which provides interest-free loans to student start-ups:
    • Up to $1 million worth of loans will be provided to new businesses in 2016, up from $250,000 in 2015.
  • In 2015, 75% of our NEIF recipients originated from our NEIS, highlighting our commitment to the entrepreneurial journey and supporting our students in growing sustainable and successful businesses.
  • Our active Alumni support our entrepreneurial initiatives, helping us build entrepreneurial talent through mentoring, networking and the creation of their own enterprises.

 

Explore the businesses RMIT’s NEIF has invested in over the past two years:

  • ARTICLE by Courtney Holm
  • Gigkoo
  • Lightcore Tech
  • Manuko
  • Maude Studio
  • Maxine McQueen
  • Metta Skincare
  • Nixi Killick
  • Smoothie Bombs
  • The Great Conceal
  • The Young Ones
  • Tonantzin