LaunchVic funding continues for accelerators
The fourth round of funding has been opened by LaunchVic to help attract start-up accelerator programs to Melbourne.
LaunchVic will invest up to $3 million per application for Australian or international accelerators.
It is hoped that attracting world-class accelerators will strategically build capability and excellence into Victoria’s local start-up ecosystem and replace the gap left by the termination of the 500 Startups contract in August.
“We said at the time we would reinvest the $2.9 million allocated for 500 Startups to another world-class accelerator program of the same calibre and we’re doing it,” said LaunchVic CEO Dr Kate Cornick.
“Successful applicants will need to demonstrate their experience in delivering a world-class accelerator that will help Victoria’s best and brightest start-ups to achieve on an international scale.”
Growing talent and expertise is a core part of LaunchVic’s strategy and something that will be essential to achieve Victoria’s potential to be a leading start-up destination.
A recently commissioned survey of the Victorian start-up ecosystem highlighted the sophisticated and diverse mix of start-ups across a variety of industries, including strengths in health, enterprise and corporate services, and media and entertainment.
LaunchVic has so far allocated 70% of its grant funding to local home-grown programs and will continue to invest at a local and a global level.
The funding round will close on 10 October. It will be supported by online information sessions.
The RMIT course was developed with industry to enable business leaders to develop a rich and...
The Victorian Government will be showcasing the state's cybersecurity, defence and digital...
A new digital technologies hub has been opened at Flinders University in South Australia.