Victoria is Australia's largest agricultural producer, but despite our reputation as the nation's food bowl, our AgTech sector remains small and underdeveloped.
Research commissioned by LaunchVic estimates less than 40 AgTech startups in Victoria, with 80% of these based in Melbourne.
To help more Ag entrepreneurs to start up, we're partnering with Agriculture Victoria on a $2.2 million initiative designed to boost the number of Victorian AgTech startups and build entrepreneurial culture and capability in this crucial sector.
FundingGrants for Pre-Accelerator Programs
Grants of up to $600,000 are now available for AgTech Pre-Accelerator Program Providers to deliver world-class entrepreneurship programs in Victoria. Pre-Accelerator programs provide entrepreneurs with the support, mentorship and networks they need to turn an idea into a viable startup.
EventsRegional Events Series
Join us for a new events series connecting industry, farmers and aspiring founders at AgVic Smart Farms across the state. Smart Farms are a gateway to research, innovation and skills development for Victoria’s AgTech sector. Register your interest now and be the first to know when new opportunities go live.
What is AgTech?
AgTech uses digital technology to provide the agricultural industry with the tools, data and knowledge to make more informed and timely on-farm decisions and improve productivity and sustainability. Areas of application may include plant or animal science, crop protection & Input management, precision agriculture, indoor agriculture, sensors & smart farm equipment, imagery, animal technologies, processing & packaging, supply chain and hardware.
<40 startups active in Victoria
80% of startups based in Melbourne
Home to more than 15 agricultural innovation and research centres
$15.9 billion of ag products in 2018-2019