Sports Tech Funding Gives Victoria The Winning Edge  | LaunchVic

Sports Tech Funding Gives Victoria The Winning Edge 

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Last Updated: Friday, 23 August 2019

Victoria is the nation’s dominant sporting state and the Andrews Labor Government is making sure that preeminence extends to the burgeoning SportsTech sector.

The Labor Government today announced new support to give Victorian sports technology companies a leg up, to help innovators and developers reach their full potential.

SportsTech has been identified as a key emerging sector, valued at US$27 billion globally in 2018 and expected to grow to US$93 billion by 2027. Australia is an important player on the world stage and as home to more than 110 startups, Melbourne is the nation’s SportsTech capital.