Tasmania to launch start-up accelerators

By Dylan Bushell-Embling
Friday, 08 February, 2019

Tasmania to launch start-up accelerators

The Tasmanian Government has launched a global search for experts to help it develop accelerator programs for the state’s technology start-ups.

The Tasmanian Start-up Accelerator Programs will target Tasmania’s key technology industries and growth sectors.

Key areas of focus will include agricultural technology (AgriTech), marine technology (MarineTech), smart cities and the Internet of Things, and renewable energy.

Tasmanian Minister for Science and Technology Michael Ferguson said the first accelerator programs will be based in Launceston, and build on initiatives in the city including the Launceston City Deal and the Smart Cities Greater Launceston Transformation Project.

“Start-up accelerators support early-stage, growth-driven companies through intensive education, mentorship and financing support. The accelerator experience is a process of rapid and immersive education aimed at accelerating the growth of young innovative companies, compressing years’ worth of ‘learning by doing’ into just a few months,” he said.

“Tasmania has a proud track record of success in the tech sector, and the Tasmanian Start-up Accelerator Programs seeks to encourage more people to consider a career in the industry, to attract new talent, create a peer support network for cutting-edge and hi-tech start-ups, and increase overall investment.”

Applications for the programs close on 15 March. The programs will be supported by corporate partners from the relevant industry segment.

Image credit: ©stock.adobe.com/au/Jakub Jirsák

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