Global small business platform, Xero has announced the 28 small business and non-profit winners of the 2024 Xero Beautiful Business Fund, each winning a share of the AU$700,000 global prize pool. Two of the four global winners are Australian small businesses.
The 28 winners from Australia, New Zealand, Canada, Singapore, South Africa, the UK and the US were selected based on a 90-second video demonstrating how they would use the funding to support their future business goals.
Xero small business and non-profit customers could enter under four categories: Innovating for environmental sustainability, Trailblazing with technology, Strengthening community connection and Upskilling for the future.
The four global winners of each category each receive a total of AU$70,000 (or local currency equivalent), while the remaining 24 winners will each receive AU$20,000 in funding.
Other Matter, a Victoria-based company creating sustainable vinyl decals, is the global winner of the Innovating for environmental sustainability category. Prosthetic Art Technology, a New South Wales innovator transforming lives with advanced prosthetic technology, is the global winner of the Trailblazing with technology category.
Xero Australia sales director, Theo Konstantas said, “As a regional judge, I was honoured to learn about the amazing achievements and aspirations of our small business customers. It truly demonstrated the rigour, innovation and entrepreneurial spirit of our thriving small business community here in Australia.
“The local winners have exceptional drive in tackling obstacles and creating positive change, and I look forward to seeing how Xero’s funding helps them grow and make an impact.”
Global winner of Innovating for environmental sustainability: Other Matter (VIC)
Other Matter is revolutionising the market with its eco-conscious approach to decal production. Using an algae-based polymer, a world-first in renewable material technology, these decals offer a sustainable alternative to traditional vinyl. Fully recyclable, they are designed to promote a circular lifecycle, supporting both environmental responsibility and innovation in materials.
Other Matter founder, Jessie French said, “It’s a tremendous honour for Other Matter to be recognised as the global winner in the sustainability category of the Xero Beautiful Business Fund. This achievement not only underscores our commitment to innovation and environmental responsibility but also comes at a pivotal stage. The prize will be directed towards scaling, a critical step in ensuring the success and viability of our decals as a sustainable alternative to toxic PVC signage and non-petrochemical material solutions. We’re excited to accelerate our mission with this support.”
Global winner of Trailblazing with technology: Prosthetic Art Technology (NSW)
Prosthetic Art Technology combines advanced technology with the art of sculpture to create life-changing silicone prosthetics. With the support of the Xero Beautiful Business Fund, they will upgrade essential modelling software, acquire a new 3D printer, and explore 3D scanning technology.
Prosthetic Art Technology founder, Sophie Fleming said, “We’re utterly thrilled to have won the Xero Beautiful Business Fund. These funds will have a significant impact on how we can develop and innovate our business through technology. There’s a huge gap in bringing prosthetics to life for the people that need them – physical, geographical, and financial. Thanks to the fund, we can now continue to work to bridge the divide.”
Regional winner of Strengthening community connection: Zenly (NSW)
Zenly offers a sensory haven for neurodivergent adults and teenagers, providing a supportive space to move, rest, and connect. With a range of daily classes, including yoga, pilates, weights, and meditation, Zenly hosts skills groups aimed at fostering growth and community. This funding will be used to build a new therapy room and expand community support services.
Regional winner of Upskilling for the future: Anika Legal (VIC)
Anika Legal, a charity and community legal centre based in Victoria, provides free, ongoing legal support to low-income renters, while advocating for a fair and affordable housing system. Anika Legal will use the Xero Beautiful Business Fund to upskill its team across key areas such as practice management, fundraising, and governance, as well as strengthen internal capabilities.
