Founder Support | Grow your startup in Victoria | LaunchVic

Founders

Accelerators, grants and investor networks to grow your startup.

Join the likes of Tixel, HotDoc and Great Wrap and bring your startup idea to life in Victoria.

With a range of equity-free grants and programs tailored for aspiring and early-stage startup founders, you’ll find the support you need to find that product/market fit.

Then, once you’re ready to raise, connect with some of Australia’s most prolific angel groups and access smart, blended capital through LaunchVic’s in-house investment funds.

Startups thrive in Victoria because the people and the place back them to succeed.

Open Grants

Grants for AgTech Founders

Early-stage AgTech startups can access $50,000 equity-free grants through LaunchVic’s partnership with Agriculture Victoria to grow the state’s AgTech sector.

As well as providing funding to cover operating costs that build startup capability and growth for early-stage AgTech startups, the grant covers business development services that will enable founders to access the best possible support and advice to build their businesses, grow jobs and support Victoria’s economic growth.  Apply here. 

Investment Opportunities

Angel Networks

Angel groups are made up of early-stage investors looking to back aspiring, pre-seed and seed stage founders.

To unlock more capital for founders, LaunchVic has funded the establishment of eight new angel groups in Victoria since 2020.

Take a look at the full list and reach out.

The Alice Anderson Fund

Between 2018-2021 only 4% of Australian VC funding went to women-founded startups. LaunchVic is working to change things with the $10 million Alice Anderson Fund, a sidecar fund that co-invests in women-led startups with private sector investors.

Learn more. 

The Hugh Victor McKay Fund

The Hugh Victor McKay Fund is a new sidecar fund for Victorian AgTech startups run by LaunchVic with funding from Agriculture Victoria.

The fund will co-invest between $100,000-$200,000 into at least five early-stage AgTech startups over the next 12 months.

Apply here. 

Tractor Ventures

LaunchVic has invested $300,000 in Tractor Ventures to establish Victoria’s first dedicated revenue-based fund targeted at early-stage, revenue positive startups.

The new Fund is a revenue-based alternative to traditional venture capital for startups that either do not want to, or are not able to attract VC funding.

Learn more. 

Key Stats

40+

Fully funded pre-accelerators, accelerators and incubators

9

Angel networks established to back early-stage founders

>$600M

Early-stage capital unlocked

1,380

Startups supported by LaunchVic

Capital Raising Advice

LaunchVic’s Ask an Angel series explores common challenges and misconceptions founders face in raising their first investment. We speak with some of Victoria’s most active angels about what makes a memorable pitch, the qualities they’re looking for in a founder right now and navigating the investor/founder relationship.

 

Ask an angel

Have a question?