CO-WORKING CAPITAL TO ATTRACT EXPERTS-IN-RESIDENCE

Last Updated: Tuesday, 7 August, 2018

The Andrews Labor Government has announced more support for Victoria’s startup sector with a $500,000 boost for the state’s co-working spaces.

LaunchVic, Victoria’s startup development agency, has unveiled a new program to encourage co-working spaces to appoint high-calibre, experienced startup professionals to support their residents.

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 startups by attracting EIRs that will provide business guidance, mentorship and support for startups to improve their business capabilities.

The program will favour experts who have either founded and grown a startup, have had strong experience as a startup executive (CEO, CTO, CMO, COO) at a technology-based company, or are recognised as an international startup sector leader.