vicpol Archives

Breakthrough Victoria pivots with $7.5 million startup fellowship program to create 50 startups

Simon Thomsen - December 2, 2024 2 MIN READ

The Victorian government will invest $150,000 each to create 50 new startups and pay their salary for the year as part of an entrepreneurship program run by Breakthrough Victoria. Treasurer and economic growth minister Tim Pallas announced a $7.5 million million investment in the Breakthrough Victoria University Innovation Platform Fellowship Program, which will establish up… Read more »

Motoring

There’s another simple reason as a parent why you wouldn’t buy an EV

Simon Thomsen - November 11, 2024 4 MIN READ

Just before the end of FY2024, my wife and I went for test drives in electric vehicles to replace the 10-year-old SUV we’d used to ferry two kids to schools, sports and holidays, often with friends and/or dog in the back. We planned to downsize and go electric. Three Volvos on over 20 years, we… Read more »

Politics

Victoria’s trial on driving under the influence of medicinal cannabis is underway

Simon Thomsen - November 5, 2024 2 MIN READ

The first drive in a Victorian government trial to see someone who’s taken medicinal cannabis to see if they can drive safely got underway this week. The closed-circuit testing at the METEC Driver Training facility in Bayswater is the start of a $4.9 million, 18-month trial, conducted by Swinburne University of Technology, to analyse how… Read more »

Politics

Breakthrough Victoria posts $3 million loss

Simon Thomsen - November 4, 2024 3 MIN READ

The Victorian government’s controversial $2 billion venture capital fund, Breakthrough Victoria, posted a $3 million loss in its third year of operation. The funding body, which saw several directors depart in 2024, with CEO Grant Dooley also heading to the exit after just three years, copped a $360 million haircut in the Victorian budget earlier… Read more »

Funding

Breakthrough Victoria pours $2.5 million into food waste rival to Goterra and Bardee

Simon Thomsen - October 17, 2024 2 MIN READ

Breakthrough Victoria, the $2 billion state government-backed venture fund, has invested $2.5 million into a Melbourne startup recycling food waste as animal feed and fertiliser. Viridian Renewable Technology, founded in 2016, lays claim to being Australia’s first large scale insect protein manufacturing plant. It has a commercial plant in Derrimut, in Melbourne’s western suburbs and will use… Read more »

Politics

What you need to know about Victoria’s state budget – and how spending growing revenue leads to more debt

David Hayward - May 8, 2024 4 MIN READ

The Victorian budget offered more of the same on Tuesday, with the only change being how the budget papers were packaged. The usual shrink wrap was gone, hinting at savings in the pages within. But that was not to be, for the government – which has the largest debt of all the states and territories… Read more »

Funding

Victoria is offering medtech startups $500k grants for their research projects

Simon Thomsen - October 23, 2023 < 1 MIN READ

Applications for the seventh round of the Victorian Medical Research Acceleration Fund (VMRAF) are now open. It offers both grants of up to $100,000 to support early-stage research projects with a practical application, as well as later-stage grants of up to $500,000 to help researchers bring their products and practices into clinical or health care… Read more »

Breakthrough Victoria pivots with $7.5 million startup fellowship program to create 50 startups

There’s another simple reason as a parent why you wouldn’t buy an EV

Victoria’s trial on driving under the influence of medicinal cannabis is underway

Breakthrough Victoria posts $3 million loss

Breakthrough Victoria pours $2.5 million into food waste rival to Goterra and Bardee

What you need to know about Victoria’s state budget – and how spending growing revenue leads to more debt

Victoria is offering medtech startups $500k grants for their research projects

Trending