Startup Grants | Government Grants For Startup Businesses | LaunchVic
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Grants

LaunchVic offers grants for program providers and investor groups to establish in Victoria and help Victorian founders and their teams start, grow and scale startups. We also partner with other departments and agencies to offer direct grants to founders in priority sectors.

If you have a question regarding LaunchVic funding, send us an enquiry.

Sign up for LaunchVic’s newsletter to be notified about future opportunities, and view a full list of programs that startups can apply to on our programs page.

Open Grants

FOR STARTUPS

Grants for AgTech Startups

 

$50,000 grants for early-stage AgTech founders.

Timings for this grant round:

Grant Program launched:21 February 2023
Information Session:Thursday 2 March 2023 View the info session webinar
Application Rounds close:October 31 2024

February 28 2025

May 30 2025
Assessment begins:        May 2023
Assessment timeline:Approximately 3 weeks
Closes:When all funds are fully allocated, or by June 30 2025
Announcement:Via the LaunchVic website

Overview

LaunchVic has again partnered with Agriculture Victoria to increase support for early-stage AgTech startups across Victoria by rapidly providing small amounts of working capital to help startups build capability and move to the next stage of growth.

As well as providing funding to cover operating costs that build startup capability and growth for early-stage AgTech startups, the grant will provide access to 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.

View the Program Guidelines (v2.4 reissued 4 Oct 2024)

Watch the Information Session

Read our FAQs

Apply Online

View A Sample Contract

Other grants for Startups

Australian Government Department of Industry, Science and ResourcesFunding and incentives
Australian GovernmentGrants & Programs
Australian GovernmentR&D Tax Incentive
Business VictoriaGrants & Programs
City of MelbourneGrants and Scholarships
CSIROCSIRO Kick-Start
Victorian State GovernmentGrants schemes

For Investors

Funding for New Venture Capital Funds

Grants of up to $300,000 to support VC funds to establish in Victoria

Timings for this grant round:

  • Round launched: 29 January 2025
  • Information Session: 12 February 2025 by webinar
  • Round Closes: 31 March 2025
  • Communications: to unsuccessful and shortlisted applicants by 24 April 2025
  • Interviews: 28 April 2025
  • Communications: to successful applicants by 15 May 2025
  • Contracting: contract execution with recipients expected mid-late May.
  • Announcement: an announcement will follow once contracts are executed.

Overview

Victoria is home to a growing number of high-quality early-stage venture capital (VC) funds but LaunchVic recognises there is more work to do to help grow Victoria’s early VC investor landscape.

By providing operational and establishment funding LaunchVic seeks to encourage the establishment of more, experienced VC funds in Victoria, providing avenues for investment for our growing early-stage startups.

View the Program Guidelines 

Register for the Information Session

Read our FAQs

Apply Online

Press Release 

Grants for Victorian Angel Networks

Grants of up to $300,000 to support angel networks to establish in Victoria

Timings for this grant round:

  • Round launched: 29 January 2025
  • Information Session: 12 February 2025 by webinar
  • Round Closes: 31 March 2025
  • Communications: to unsuccessful and shortlisted applicants by 24 April 2025
  • Interviews: 28 April 2025
  • Communications: to successful applicants by 15 May 2025
  • Contracting: contract execution with recipients expected mid-late May.
  • Announcement: an announcement will follow once contracts are executed.

Overview

Angel Networks play an important role in providing an avenue of early-stage funding for founders in a structured and purposeful way, as well as supporting aspiring VC Funds managers to hone their skills and build relationships with investors and a track record of success.

To date, LaunchVic has supported 10 Angel Networks and together these Angel Networks have recruited over 600 investors and activated more than $30 million into Victorian startups.

Four have now ‘flipped’ to become VC Funds in their own right, leaving a potential space for more angel networks to enter the market. By supporting operational funding for new Angel Networks, LaunchVic seeks to encourage a growth in early-stage investments in Victorian startups and an increase in the early-stage investor pool.

View the Program Guidelines 

Register for the Information Session

Read our FAQs

Apply Online

Press Release 

For programs

No open grants at this time, please sign up to our newsletter for future updates.

Unsolicited Proposals

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.

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