WESTPAC BANK REVEALS ITS TOP 200 BUSINESSES OF TOMORROW

WESTPAC BANK REVEALS ITS TOP 200 BUSINESSES OF TOMORROW

IN CELEBRATION of Westpac's 200th anniversary, the bank has compiled a list of 200 Australian businesses which it predicts will unlock Australia's 'economic potential'.

The 200 acknowledged businesses gathered at a summit in Sydney where they networked and collaborated alongside other Australian businesses.

Westpac also named its top 20 'high potential businesses of tomorrow', which will be given the chance to take part in a mentoring program with other Aussie business icons including Carla Zampatti, Ita Buttrose, John Eales, Tim Fung and Andrew Vesey.

Among Westpac's high-flyers is Dan Wilson (pictured), founder of equipment and worksite hire company Plantminer, who was a finalist in Brisbane's 2015 Young Entrepreneur Awards.

Car-sharing platform Car Next Door is also featured in Westpac's top 20.

The business was featured on Shark Tank where it managed to snag a $300,000 investment from Steve Baxter.

In addition to receiving invaluable mentoring, these top 20 exceptional Australian businesses will also attend a global study tour in the USA and Canada.

Chief Executive of Westpac Business Bank David Lindberg says the Westpac 200 summit is an opportunity for the next generation of Australian Businesses to 'thrive and succeed in a changing world'.

"Truly remarkable things happen when businesses come together; and we know that networking and collaboration are among the top drivers of business success.

"Bringing together 200 businesses that all have the potential to shape our nation's future presents an opportunity for the Australian business community," he says.

The list of 200 also names innovative architecture firm Superdraft, which was founded by Mark Deacon and Jake Robinson in 2011.

For the past three years, Deacon and Robinson have been going from strength to strength, offering services in design, drafting, engineering and finance.

There are a broad range of industries making up the list of 200, ranging from heath to technology.

Technology businesses made up 40 per cent of the list, heath businesses constituted for 9 per cent and education businesses also accounted for 9 per cent.

Lindberg says the list ranges in business size and is representative of all major industries.

"Our businesses represent the diversity of Australia large and small, new and established businesses, across all industries and sectors," he says.

"It's pleasing to see strong representation among service-led sectors such as health, professional services and technology, all predicted to have strong growth over the next 10 years. These businesses demonstrated the potential for a higher purpose."

Business News Australia

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