The Victorian government’s startup agency, LaunchVic, is on the hunt for investors to join it in a new angel network to back what it says is the state’s largest startup sector: healthtech. The plan follows through on the 2019 Angel Network report by Professor Josh Lerner, which recommended that LaunchVic establish sector specific angel networks… Read more »
Victoria’s budget has $186 million for startups, including $10m for angel investment in female founders
Female startup founders in Victoria will have access to $10 million in angel investment under a new fund announced in the state budget today. Treasurer Tim Pallas allocated $10 million towards the Women Founders Angel Sidecar Fund while hoping it will unlock a further $30 million in private sector equity. The funds are part of… Read more »
Sydney’s ongoing slide as one of the world’s best cities for startups has continued, falling another four places to 27th in the annual global rankings by US-based Startup Genome. The NSW capital has now slipped from 17th in 2018 to 23rd last year as the report notes the rise of Asia, with Tokyo (15),… Read more »
For this From The Frontline, which looks at how startups are dealing with the coronavirus era, we’ve talked to Kate Cornick, CEO of Victoria’s startup agency, LaunchVic, and four startup founders about their success despite the challenges the face. The quartet are: Matthew Boyd, founder and CEO of Vollie, on online marketplace that connects… Read more »
US startup accelerator Techstars is coming to Melbourne with a focus on sport thanks to LaunchVic, Tennis Australia and Victoria University. The Techstars SportsTech Melbourne Accelerator will be based at Tennis Australia’s Melbourne Park HQ at its media centre. The mentorship-driven accelerator will run for 13 weeks programs, taking in 10 startups annually. Founded in… Read more »
The annual Startup Genome Global Startup Ecosystem Report sees Sydney fall in the top 30 rankings Melbourne’s ecosystem is on the rise as a “challenger” to crack the top 30 The Sydney result is ‘disappointing’ and the city has now slipped from 16th in 2015 While there is growth overall, Australia is lagging behind global… Read more »
CivVic Labs, Australia’s first accelerator designed to help startups gain access to government procurement has unveiled its inaugural challenges and is calling on startups to apply. Led by LaunchVic, with additional funding from the Victorian Government’s Public Sector Innovation Fund, CivVic Labs Accelerator seeks to fuel the growth of early-stage startups through the creation… Read more »
LaunchVic is set to invest $2.5 million in CivVic Labs, an accelerator program aimed at helping participants access a slice of the government procurement pie.
The Victorian Government’s startup body, LaunchVic has announced $1.37 million in funding for four organisations focused on supporting entrepreneurial activity among Indigenous Victorians. The four organisations receiving funding are Barayamal, Global Sisters, Ngarrimili, and Ngamai Moorroop Wili. Barayamal will use its funding to deliver a pre-accelerator and accelerator program for Aboriginal startups. The organisation stated… Read more »
Outcome.Life is focused on delivering employment outcomes for international students in Australia by connecting them to internships and placements.
Value of Melbourne startup ecosystem could grow to $4 billion over the next few years: Startup Genome
Startup Genome’s Melbourne Startup Ecosystem Report, commissioned by LaunchVic, found the city has “raced through” the ‘Activation’ phase of the ecosystem lifecycle and is now sitting in the ‘Late Activation’ stage.
YGAP opens applications for First Gens accelerator program for migrant and refugee-led social impact startups
Not-for-profit YGAP has opened applications for its 2018 intakes of First Gens, an accelerator program aimed at providing support to early-stage social impact companies led by migrants and refugees in Australia.
Melbourne hub Hatch Quarter is creating a ‘playbook’ to help new migrant and refugee entrepreneurs more easily navigate the Victorian startup industry and community.
Victoria’s startups well supported but more must be done to boost diversity and access to talent, report finds
The report, Mapping Victoria’s Ecosystem, is a result of a survey produced by LaunchVic in collaboration with Startup Victoria and dandolopartners, which polled over 1600 companies across the state.
LaunchVic has announced today the recipients of its third funding round, which focuses on backing startups that support the state’s migrant and refugees.