Ted O'Brien (Fairfax, Liberal Party, Shadow Treasurer) Share this | Hansard source

This week the 2025 GI Challenge will be launched. Run by Generation Innovation, the GI Challenge unleashes the innovative genius of young Australian entrepreneurs. The younger you are, the harder it is to start a business. Typically, you're challenged by three things: (1) you don't have business experience; (2) you don't have a business network; and (3) you don't have money to start a venture. This is where Generation Innovation comes in, wrapping support around these young entrepreneurs and helping them meet these challenges—thanks to a range of sponsors and very generous and experienced businesspeople who donate their time. This year's GI Challenge will see 10 ideas in the mix, ranging from energy to mental health, sport, safety and recycling. They demonstrate the best of ideas and the best of entrepreneurship.

Colleagues, if we as a nation want to unlock the economic capacity of this country, then we have to back enterprise, we have to back entrepreneurship and, in particular, we have to back young Australians who have the guts to take an idea all the way through and make it a reality. Go the GI Challenge!

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