Techstars SportsTech Accelerator

Supported through LaunchVic's fourth funding round, Techstars received LaunchVic funds to support the establishment of a Melbourne SportsTech accelerator program for 20 startups over a 2-year time period.  

Techstars SportsTech Melbourne Accelerator focuses on early-stage sports technology companies that aim to disrupt and drive innovation in high performance sport, grassroots participation, as well as event and media technology.

The program is also supported by partners Tennis Australia and Victoria University and is hosted at Tennis Australia’s Headquarters at Melbourne Park.

Program Details

Program LocationMelbourne, accepting startups from around the globe (Online delivery during COVID-19)
Industry FocusSportsTech
Length of Program12 weeks
Application PeriodNovember - February
Program EngagementA 3 month program which provides startups with access to a global network of mentors and workshops. This program also provides access to over $400k of cash equivalent hosting, and other credits and perks worth more than $1M. Program culminates in a final Demo Day with exposure to investors and customers
Venture StageEarly Stage, Scaling Startups
Program Cost $0 program fee 
Investment StructureEvery company is offered a $100,000 convertible note. Techstars contributes $20,000, and in return receives 6% common stock from each company.
Desk SpaceLocated at Tennis Australia HQ, Melbourne. (Not available during COVID-19)
Alumnifindingstartups.launchvic.org 

Visit the Techstars program page for program details and dates.