Grants for World Class Accelerator Programs

Supporting Programs that Grow More Scaleups

Grant Round Timeline

Stage 1

Round launched: 6 May 2022
Information Session: 25 May 2022 via Zoom Webinar [Watch the recording here]
Round Closed: 10:00am AEST 27 June 2022
Communications: to applicants moving to Stage 2 12 July 2022

Stage 2

Video Pitch Due: 25 July 2022
Virtual Q&A: via Zoom 1 August 2022
Due Diligence: requested information due in August 2022
Communications: to applicants moving to Stage 3 24 August 2022

Stage 3

Contracting: early September 2022
Announcement: October 26 2022

Victoria’s startup ecosystem is on the move

Catalytic initiatives funded by LaunchVic have fuelled above-average growth in Victoria’s startup ecosystem over the last four years.

  • Victoria’s early-stage startup sector value has doubled year on year for the past two years and is now worth more than $10.5billion.
  • Victoria is home to more than 2,700 startups – companies that use innovative business models and technology to grow fast and service global markets.
  • There was a 35% increase in total early-stage funding over the last year.
  • Health, Enterprise, FinTech, Data & Analytics, and Commerce are growing strengths and account for 50% of all startups.

To date, LaunchVic has successfully invested in a number of accelerators that have helped established startups to scale. The most successful programs have driven the growth of Victorian startups, supported access to capital and created high-value jobs. In addition, the most successful accelerators have supported the ecosystem more broadly through additional offerings including events, founder office hours, the establishment of funds, investor engagement etc.

View the Program Guidelines

Read the FAQs

Successful Recipients

RecipientProjectFunding Program Description
ANDHealthANDHealth Activate$1,400,000ANDHealth will establish ANDHealth Activate, a novel accelerator program for high-growth potential digital health startups. The program will be a nine-month curriculum-based program to support Victorian digital health companies to become investment and enterprise-customer-ready.

AntlerAntler Pre-Seed Accelerator Program$360,000Antler will scale its unique Pre-Seed Accelerator Program which aims to support founders to scale their startups post-investment. They will also grow their headcount by employing a Community Manager who will co-lead initiatives that will enable Victorian startups to thrive and activate the broader Victorian startup ecosystem.
Climate SaladClimate Tech Global Impact Incubator$1,400,000Climate Salad will receive $1.4 million to launch a Global Impact Incubator and catalyse $2.4 million in investments into startups in the sustainability space. $600,000 of this funding will cover operational costs, and enable an $800,000 investment into participating startups.