In the media

From our founding members' success stories to information about our organisation, Thrive has been in the news from idea to inception.

We'll continue to make news through the positive impact we have on the lives of refugee entrepreneurs, and through the contributions they make to our economy and society.
 
Thrive announces Huy Truong as new leader

Thrive Refugee Enterprise (“Thrive”), a not for profit organisation that provides small loans and business support to refugees, today announced the appointment of Huy Truong as its Executive Director effective immediately. As Executive Director, Huy will be responsible for the management and operations of Thrive. Huy will also continue to be Thrive’s Deputy Chairman.

Thrive Chairman John Curtis said Mr Truong was an ideal person for the role because of his refugee and entrepreneurial background, his experience as a CEO, and his intimate knowledge of Thrive which he co-founded.

“The Thrive Board regarded Huy as the perfect person to lead Thrive and manage its operations through its next phase of growth,” Mr Curtis said.

“Huy is the ideal role model for Thrive. He is a successful entrepreneur of refugee background, arriving in Australia as a child on a boat from Vietnam. He is a Harvard Business School graduate, and has a diverse operating, entrepreneurial, and advisory background.”

“Huy is also personally committed to Thrive for many years to come and, most generously, is providing his services as Executive Director, as well as additional financial and administrative support from his own company to Thrive on a pro-bono basis.”

Mr Curtis thanked Thrive’s interim CEO Leigh Coleman for his valuable leadership of Thrive this year.

Thrive was successfully established in New South Wales and Victoria in 2017 to help refugees start businesses with financing and mentoring support. It has already helped refugees set up over 150 small businesses.

Media Inquiries
Jo Collins - Newgate Communications
E: Jo.Collins@newgatecomms.com.au
M: 0423 029 932

About Thrive
Thrive is a registered charity with tax deductible status. Thrive has key partnerships with Allianz, AMES (Victoria), Deloitte Consulting, Equifax, Gilbert + Tobin, Korn Ferry, KPMG, LOUD, Newgate Communications, and Westpac. Thrive believes refugees have and will continue to be a vital contributor to Australia’s economic and social growth. Its purpose is to foster this contribution for the benefit of Australia and all Australians. Thrive will support qualified refugees start and expand their own businesses through microfinance business loans and business mentoring.

Thrive celebrates refugee week with refugee business showcases

Mailchi

Thrive celebrates refugee week with refugee business showcases
Thrive Refugee Enterprise (“Thrive”), a not for profit organisation that provides small loans and business support to refugees, will mark Refugee Week by showcasing its success stories across two events in Melbourne and Sydney called Thriving: A Showcase of Refugee Owned Businesses.
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The barriers refugee entrepreneurs face in Australia

SBS

The barriers refugee entrepreneurs face in Australia
While it's easy for some in Australia to be approved for a credit card or loan, many new arrivals are met with challenges.
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Syrian refugee Darwich Sido opens Sido Tailor at Jesmond shopping centre

theherald.com.au | Phoebe Moloney

Syrian refugee Darwich Sido opens Sido Tailor at Jesmond shopping centre
Darwich Sido’s new shop in Jesmond is much more than a business opportunity. It’s the mending of a seam that runs between Mr Sido’s life in Newcastle and his former life in the city of Aleppo, Syria, from which his family were forced to flee in 2012.
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Changing Melbourne for Good

lmcf.org.au

Changing Melbourne for Good
Thrive is a not-for-profit organisation that provides small business loans to people with asylum seeker and refugee backgrounds enabling them to start their own businesses.
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Iranian refugee rebuilds signage business in Australia

SBS | Sarah Dowling

Iranian refugee rebuilds signage business in Australia
Iranian refugee Jamei Mahmood has drawn on his previous career to build a new signage business, Oxin Signs in Sydney's Western Suburbs.
Read more »

Small Business Check-In: Thrive

SBS Small Business Secrets

Small Business Check-In: Thrive
We caught up with Mahir Momand, the founder of Thrive, a start-up that has been supporting refugees who create their own business in Australia.
Read more »

Recognizing contributions made by refugees in Australia

SBS | MP Singh, Amy Chien-Yu Wang

Recognizing contributions made by refugees in Australia
Sunday the 17th to Saturday the 23rd of June is Refugee Week in Australia. This year’s theme is #WithRefugees, a call to protect the safety and rights of refugees.
Read more »

How private enterprise is welcoming refugees – even in a hostile climate

MAKE REFUGE | STEPH COUSINS

How private enterprise is welcoming refugees – even in a hostile climate
The political environment for refugees is pretty toxic in the United States, but the private sector is stepping up to say welcome.
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My Journey From A Refugee In Pakistan To Ceo Of Thrive Refugee Enterprise

The Newcomer | Rashida Tayabali

My Journey From A Refugee In Pakistan To Ceo Of Thrive Refugee Enterprise
CEO of Thrive Refugee Enterprise, Mahir Momand remembers his childhood clearly. Living as a refugee in Pakistan, selling things by the day and attending a school for refugee children at night.
Read more »

From restaurateurs to refugees, and back again

SBS | Sana Qadar

From restaurateurs to refugees, and back again
The Al-Janabi family ran a restaurant in Baghdad for 20 years. Now resettled in Sydney, they’re returning to their foodie roots, with catering business Baghdad Soul Food.
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Interview with the Head of Thrive Enterprises helping refugees start up businesses

SBS | Sahib Shakaib

Interview with the Head of Thrive Enterprises helping refugees start up businesses
The Thrive Refugee Enterprise which helps refugees start up their businesses has extended its activity from Sydney to Melbourne, opening an office at the heart of the city. We had a chat with the head and founder of this nonprofit organisation Mr Mahir Momand which can be heard here. The interview is in Dari language.
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Corporates back refugees to become entrepreneurs with the launch of Thrive

THE AGE | Nassim Khadem

Corporates back refugees to become entrepreneurs with the launch of Thrive
But as someone who escaped one of the most brutal civil wars in history – Ozegbe arrived in Australia in June 2003 as a refugee from the Democratic Republic of the Congo – she feels she's earned the right to think and act big.
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Refugee banker’s audacious plan to cut Australia’s welfare bill

9News

Refugee banker’s audacious plan to cut Australia’s welfare bill
An Afghani refugee has teamed with some Australian financial heavyweights for a revolutionary plan to help refugees get off welfare and into the workforce.
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The Year That Made Me: Mahir Momand, 2004

ABC | Tom Switzer

The Year That Made Me: Mahir Momand, 2004
Born in Afghanistan, Mahir Momand was forced to flee his country three times - first after the Soviet invasion and then following Taliban attacks, which targeted the credit unions he set up to help poor Afghanis to become self sufficient.
Read more »

Small Business Secrets

SBS | Hosts Ricardo Goncalves & Whitney Fitzimmons

Small Business Secrets
Hosts Ricardo Goncalves & Whitney Fitzimmons shine a light on the small business owners & innovators playing a vital role in Australia's economic growth.
Read more »

From Taliban hit list to CEO: Mahir Momand’s journey to Australia

SBS | Kerrie Armstrong

From Taliban hit list to CEO: Mahir Momand’s journey to Australia
The chief executive of one of Australia’s newest financial institutions was forced to leave his country not once, but three times to save his life
Read more »

SSI partnership Thrive Refugee Enterprise fast-tracks refugee business plans

SSI | SSI

SSI partnership Thrive Refugee Enterprise fast-tracks refugee business plans
A new SSI partnership operating nation-wide will help entrepreneurs from refugee backgrounds fast-track their business plans and achieve their goal of establishing a successful business in Australia.
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Partnership offers $2 million to help refugees start businesses

Inside Small Business | Staff Reporter

Partnership offers $2 million to help refugees start businesses
Years of experience have shown that refugees who are economically independent, integrate into their new country more quickly. Australia has a burgeoning service-based economy which provides abundant opportunities for self-motivated individuals to start their own business.
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Westpac and Thrive Partnership to Help Refugees Start Businesses

Pro Bono Australia | Lina Caneva

Westpac and Thrive Partnership to Help Refugees Start Businesses
Banking giant Westpac and refugee microfinancing charity Thrive have joined forces in a $2 million partnership to support refugees to establish their own businesses in Australia.
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Westpac, Thrive $2 million partnership to help refugees start businesses

Third Sector | Gali Blacher

Westpac, Thrive $2 million partnership to help refugees start businesses
Westpac and Thrive, a refugee micro-financing charity, have announced a $2 million partnership to help refugees start successful businesses.
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Westpac and Thrive announce $2 million partnership to help refugees start successful businesses.

Westpac Group Media | Westpac Group Media

Westpac and Thrive announce $2 million partnership to help refugees start successful businesses.
Westpac and refugee microfinancing charity, Thrive, join forces to support refugees to establish their own businesses in Australia.
Read more »

Westpac gives
$2 million for refugee microloan plan

The Australian Financial Review | Michael Bleby

Westpac gives $2 million for refugee microloan plan
Westpac, Australia's oldest bank, is backing some of the country's newest arrivals by putting $2 million into a microloan scheme, Thrive, which will give refugees microloans to start their own businesses.
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Successful investor Huy Truong launches financial plan so other refugees thrive

The Australian Financial Review | Michael Bleby

Successful investor Huy Truong launches financial plan so other refugees thrive
It's quite a journey out to lunch in Box Hill. The 109 tram makes its way up Collins Street from The Australian Financial Review's office, then out through East Melbourne and the suburbs of Richmond, Hawthorn, Kew and Balwyn.
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