The Australian Business Growth Fund (ABGF), formed to stimulate growth in the SME sector by offering growth capital to Aussie SMEs, will invest $15 million in Derwent Industries Group. The company’s primary focus is on technological innovation, developing a skillset of advanced manufacturing, and building proprietary processes which will create more jobs for Australians by enhancing local world-class manufacturing capabilities. ABGF investment will boost the manufacturing capacity and product range of Derwent Industries. ABGF is thus striving to build an investment pipeline of SMEs with $2 to $100 million in revenue, a proven business model with considerable growth potential.
