Learn more about Victoria’s $130 billion startup sector.
Featured
In this section
Connect with a wide range of LaunchVic programs fuelling the startup state.
Discover grant opportunities to grow startup activity in Victoria.
Learn more about our work growing Victoria’s investor community.
LaunchVic is Victoria’s startup agency, fuelling the growth of Victoria’s startup sector.
We build the capability and confidence of Victorians, so they have the skills to start, grow, invest in, or work for globally impactful tech startups.
Our purpose is to drive the long-term success of Victoria’s startup ecosystem, with the priorities of:
We are excited to announce LaunchVic’s strategy to take Victoria’s $130 billion startup ecosystem to the next level.
Press Release
What priorities does the strategy address?
Our new strategy is focused on delivering programs, grants and other initiatives that:
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 supporting Victorian universities to boost startup creation, along with a new founder program called Basecamp set to launch in February to 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.
Download our latest Impact Report to find out how we have supported the Victorian startup ecosystem.
Since our creation in 2017, LaunchVic has been leading the development of a globally-connected startup ecosystem in Victoria, Australia.
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.
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.
Want to know more? Get in touch with our team using the form below