Victoria’s Startup Ecosystem gets a $6.5 million boost - LaunchVic

Victoria’s Startup Ecosystem gets a $6.5 million boost


Last Updated: 29 Aug 2016

The Andrews Labor Government is accelerating Victoria’s startup community and helping create the jobs of the future with a $6.5 million funding boost from the State’s new $60 million startup initiative LaunchVic. Minister for Small Business, Innovation and Trade Philip Dalidakis and LaunchVic Chair Ahmed Fahour today announced 18 projects that will share in the first round of funding.

Project highlights include:

  • World-renowned Startupbootcamp will come to Melbourne in 2017, attracting Asia-Pacific’s best Internet of Things and data tech startups to the city
  • Social Traders will deliver a pipeline of accelerator-ready social enterprise ideas focused on creating employment opportunities for people facing barriers to work
  • A boost for the popular Lemonade Stand startup program for kids aged 9-12, which will help expand it into schools and online
  • A major startup hub to establish in Geelong as a global centre for innovation and entrepreneurship, as well as create a cyber security incubator at Deakin University’s Waurn Ponds campus
  • La Trobe University, in a partnership with Deakin University and Federation University will establish an accelerator program to unlock innovation across regional Victoria