Ten year old incubator Pollenizer to shut down
Pioneering incubator Pollenizer told its staff and investors yesterday that it will officially be pulling up stumps in June.
Pioneering incubator Pollenizer told its staff and investors yesterday that it will officially be pulling up stumps in June.
Corporate accelerator Slingshot has announced that it has acquired Melbourne-based accelerator program AngelCube for an undisclosed sum. The acquisition will see Slingshot run at least three programs a year in Victoria from its Melbourne base at Inspire9.
Just a few weeks after Slingshot announced the launch of a HealthTech accelerator in partnership with HCF, the organisation has partnered with food manufacturer Simplot Australia, the company behind brands such as Lean Cuisine and Bird’s Eye, to launch Simplot Ignite, Australia’s first FoodTech accelerator program for startups and scale-ups.
The Slingshot Venture Fund has been awarded unconditional Early–Stage Venture Capital Limited Partnership (ESVCLP) status by the Federal Government, which will see it exempt from the standard income and capital gains taxes for investors.