Learn more about Victoria’s $123 billion startup sector.
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Victoria is Australia’s largest agricultural producer, but despite our reputation as the nation’s food bowl, our Agtech sector remains small and underdeveloped.
LaunchVic has partnered with Agriculture Victoria to provide support, funding and investment opportunities to Victorian Agtech startups building farming technology. Applications of these technologies can include: automation, drones, robotics, AI.
Our partnership is all about boosting the number of Victorian AgTech startups and building entrepreneurial culture and capability in this crucial sector.
Agtech is the collection of technologies that provide the agricultural industry with the tools, data and knowledge to make more informed, timely on-farm decisions and improve productivity and sustainability.
LaunchVic and Agriculture Victoria offer $50,000 grants for Agtech startups.
The Agtech Grants Program provides equity-free funding to help startups move to their next phase of growth and access mentoring advice to build their businesses, hire staff and support Victoria’s economic growth.
LaunchVic and Agriculture Victoria also fund free business entrepreneurship programs helping Agtech startups test their ideas, find their first customers and access new networks.
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The Hugh Victor McKay Fund provides seed funding to Agtech startups ready to raise venture capital. The fund can invest up to $200,000 and 15% of our contribution goes to the startup as a non-dilutive grant.
Read about some of the Victorian agtech startups supported by our work.
The Leaf Protein Co. is using the humble green leaf to change the global food chain
The new AI-powered weather app from Channel 7’s Jane Bunn
How AirAgri’s farm safety tool is bringing more Aussie farmers home