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What Thrive offers refugee entrepreneurs

At Thrive, we don’t see our clients as asylum seekers and refugees in Australia – we see them as our next entrepreneurs. Because even though they may arrive with just the clothes on their backs, they rarely arrive empty-handed: they bring with them a wealth of experience, skills, innovative ideas and the motivation to build fulfilling lives and livelihoods in a safe country. Thrive will help them realise their dreams by providing small business loans and support that enable them to start and grow successful businesses and become financially independent, while actively contributing to Australia’s economy and community life.

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Meet the entrepreneurs & businesses Thrive supports

Thrive supports asylum seekers and refugees in Australia who are motivated to become financially independent, with microfinance loans and mentoring for their new or existing businesses. You can contribute too by choosing to employ a Thrive supported business or entrepreneur.

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.

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