MORE THAN $13 MILLION TO ACCELERATE VICTORIAN STARTUPS Announcements Last Updated: Tuesday, 10 July, 2018 More than 170 Victorian startups will benefit from a $13.45 million investment by the Andrews Labor Government to establish three world-class accelerators in Victoria. As part of the LaunchVic funding round, two Australian teams – SBE Australia and Skalata Ventures – will establish and operate accelerator programs exclusive to Victoria. Techstars, an international organisation, is also in the early stages of establishing a Melbourne-based program. The programs will cater for startups ranging from early-stage to mid-stage and include a generalist accelerator and two specialist accelerators to reflect Victoria’s startup strengths in life sciences and sports tech. The selected accelerators have cash and in-kind funding along with powerful connections and access to global networks – a major advantage for participating startups looking to grow and access international markets. Download (595.41 Kb pdf)
