Coles launched a new Coles Nurture Fund to offer financial support of up to $500,000 to Australia’s small food and beverage businesses. Small businesses that are striving to develop innovation and sustainability empowered products and processes and have less than 50 full-time employees, generating a maximum of $25 million annual revenue are eligible to apply for funds. Since the establishment of Coles Nurture Funds, 80 Australian brands, including Quinoa Processing Facilities, State-of-the-art Factory, and NSW Agricultural Business have been financially supported, enabling them to launch sustainable processes and innovative technologies.
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