Grants

In special circumstances, LaunchVic may accept unsolicited proposals for grants outside of its communicated grant rounds or its refunding of high-performing programs.

While we do not fund startups directly via unsolicited proposals, the programs we fund aim to provide the services needed to assist early-stage and scaling startups through their journey.

Any proposal received must meet the following principles:

• Alignment with strategy: The proposal is strongly aligned with the LaunchVic Strategy.
• Uniqueness: The applicant is uniquely placed to deliver the proposal.
• Expertise: The applicant possesses the level of professional expertise required to deliver a successful outcome with minimal risk of failure.
• Impact: The applicant has described an excellent program that has a genuine need by the target audience and will impact and benefit the Victorian startup ecosystem.
• Need for funding: There is a credible need for LaunchVic funding.
• Value for money: The program must be value for money.
• Sustainability: The program has a pathway to sustainability, either by creating self-sufficiency or through supporting the startup ecosystem to be more sustainable.

Any proposal that does not meet all of these criteria will not be reviewed.

LaunchVic will endeavour to review all unsolicited proposals, and provide feedback, but is under no obligation to do so.

Any proposal considered appropriate for funding will undergo further assessment and due diligence in accordance with the process for all grants awarded by LaunchVic.

Any approved applicants must also undergo due diligence by LaunchVic.

Top