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Launchvic’s Strategy 2024-2028

We are excited to announce LaunchVic’s strategy to take Victoria’s $130 billion startup ecosystem to the next level.

Press Release

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New Strategy FAQ’s

What priorities does the strategy address?

Our new strategy is focused on delivering programs, grants and other initiatives that: 

  • Drive awareness and advocacy through events and campaigns; 
  • Help founders and their teams start, grow and scale global businesses; and  
  • Develop the private early-stage investment landscape. 

Will there be grants available for startup service providers?

Yes, through the course of this four-year strategy targeted grant rounds will continue for third-party providers. 

Will there be grants available for startups?

LaunchVic may partner with other departments and agencies to offer direct grants to founders in priority sectors. For current opportunities, visit launchvic.org/grants 

What areas will you provide grants in?

Pre-accelerators, accelerators, investor education programs, angel networks, and early-stage VC funds.  

What programs will remain?

LaunchVic’s highly successful 30X30 and CivVic Labs are set to continue. 

What is new?

New initiatives focus on supportingVictorian universities to boost startup creation, along with a new founder program called Basecamp set to launch in Februaryto help seed to Series A founders make their first executive hires. 

Will the Alice Anderson and Hugh Victor McKay Fund continue?

LaunchVic will continue to operate and seek further funding for the Alice Anderson Fund (women) and Hugh Victor McKay Fund (agtech). 

Will LaunchVic accept unsolicited proposals?

LaunchVic will accept submissions of unsolicited proposals, but only where they meet the LaunchVIc’s unsolicited proposal principles set out on our website. In particular, the proposal must not offer a program (such as an accelerator, pre-accelerator, angel network or VC Fund) that could be offered by another party.  

What is a startup?

LaunchVic defines a startup as an innovative, technology-based business that can scale rapidly and capture mass markets.

What is a scaleup?

A Scaleup is a hyper-growth startup that has raised at least AUD$5m in a single round and currently has at least 10 employees, no more than 20 years since founding and has a valuation of greater than AUD$30m.

LaunchVic Impact report 2024 of Victorias Startup Ecosystem

OUR IMPACT

Download our latest Impact Report to find out how we have supported the Victorian startup ecosystem.

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What we do

Since our creation in 2017, LaunchVic has been leading the development of a globally-connected startup ecosystem in Victoria, Australia.

12,300

entrepreneurs upskilled

1,402

startups supported

$1B+

private capital unlocked

2,225

jobs created

Who is LaunchVic for?

LaunchVic event offering two entrepreneurs guidance to take their startup idea to the next level with LaunchVic programs and funding opportunities

Entrepreneurs

Free support for entrepreneurs looking to take their startup idea to the next level. Discover accelerator programs, investment networks and funding opportunities supported by LaunchVic.

Explore Programs

Startup Investors

LaunchVic offers education and financial support to grow Victoria’s early-stage investor community. Join an angel investment network, learn how to invest in startups and get venture capital advice.

Discover Investment

Connect with LaunchVic

Want to know more? Get in touch with our team using the form below