LaunchVic invests in EIR start-up program
LaunchVic has started a new program designed to attract experienced start-up professionals to co-working spaces.
The Victorian Government has provided $500,000 in funding for the program.
Through its ‘Expert-In-Residence’ (EIR) program, LaunchVic will invest up to $25,000 per successful application to support growth and learning opportunities for resident start-ups by attracting EIRs that will provide business guidance, mentorship and support for start-ups to improve their business capabilities.
“We’re giving Victoria’s start-ups the opportunity to become globally connected,” said Minister for Innovation and Digital Economy Philip Dalidakis.
“Having an Expert-in-Residence program will encourage global thinking and knowledge sharing between experienced start-up experts and early- to mid-stage start-up.”
The program will favour experts who have either founded and grown a start-up, have had strong experience as a start-up executive (CEO, CTO, CMO, COO) at a technology-based company or are recognised as an international start-up sector leader.
Co-working spaces are hubs of innovation where start-ups base themselves through their early growth phase for support, guidance and collaboration opportunities.
Victoria is home to approximately 170 co-working spaces, with Startup Genome’s recent Melbourne’s Startup Ecosystem report calling the state the ‘co-working capital’ of Australia.
“Victoria’s co-working spaces are an essential part of Victoria’s start-up infrastructure, providing hubs of collaboration and networks that support start-ups to grow,” said LaunchVic CEO Dr Kate Cornick.
“Mentorship and international connections are key drivers of start-up success and we expect this program to have a considerable impact across our ecosystem.”
Applications for the EIR program are now open for established co-working spaces. The funding round will remain open until the total funding pool is allocated. For more information visit launchvic.org.
An infringement notice of $25,200 has been paid by Foxtel Management, after it breached laws that...
An agreement has been struck between Archer Exploration and the University of Sydney Commercial...
Communications Alliance has rejected calls to provide the Queensland Government with free...