Learn more about Victoria’s $91 billion startup sector.
In this section
Connect with a wide range of LaunchVic programs fuelling the startup state.
Discover grant opportunities to grow startup activity in Victoria.
LaunchVic’s investments are set to unlock up to $280 million for the Victorian early-stage capital market by 2024. Learn more about our work growing Victoria’s investor community.
Established by the Victorian Government in 2016, LaunchVic is building the confidence and capability of victorians to create, scale, and invest in startups.
We are fuelling this growth through key programs, funds and initiatives.
Victoria is home to more than 3,200 startups – technology-driven companies that use innovative business models and technology to grow quickly and service global markets.
The enterprise value of Victoria’s entire startup ecosystem (including startups, scaleups and unicorns) is now $91 billion – Victoria’s startup ecosystem is now the same size as Tel Aviv in 2016.
Melbourne’s early-stage Ecosystem Value has increased by 56 per cent in the past year – up from $23.6 billion (AUD) to $36.9 billion (AUD).
Since 2016, LaunchVic has supported 1,150 budding entrepreneurs and startups through our funded pre-accelerator and accelerator programs and unlocked more than $500M of private sector capital for early-stage startups.
Discover the wide range of programs funded and run by LaunchVic that are fuelling the startup state and building founder knowledge and capability.
LaunchVic’s investments are set to unlock up to $280 million for the Victorian early-stage capital market by 2024. Our education and financial support is growing Victoria’s early-stage investor community.
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