Up to $250,000 is available from LaunchVic Round X to support the development of startup founders and entrepreneurs in the Victorian startup ecosystem.

 

LaunchVic Round X

LaunchVic’s tenth funding (Round X) grant round focuses on capturing new ideas and initiatives to support the development of startup founders and entrepreneurs in the Victorian startup ecosystem. Unlike LaunchVic’s recent grant rounds, this round is ‘open’ meaning there is no specific focus.

 

Background

The Victorian Government established LaunchVic in March 2016 to support the development and growth of the local startup ecosystem. Since being established, LaunchVic run two successful funding rounds, supporting 26 projects that will ensure the right startup infrastructure is in place for Victorian startups and entrepreneurs to grow their businesses.

LaunchVic also reviewed our strategy to ensure they are best placed to provide more support to founders and investors, address any identified market failures inhibiting the growth of the startup ecosystem, and meet their goals of:

  • engaging the Victorian community in the startup ecosystem.
  • positioning Victoria as an internationally recognised startup ecosystem.

 

Funding

LaunchVic is seeking to invest up to $250,000 per application. Applicants will need to demonstrate experience working with and delivering similar programs for startups and/or startup entrepreneurs or investors (if applicable).

 

Eligible Projects

Applications seeking funding for meetups, events, hackathons, educational courses, mentoring, bootcamps, incubator programs, accelerator programs will be accepted. Other programs outside of this list will also be considered but check the eligibility criteria.

Your program needs to focus on one or more of LaunchVic’s strategic focus area streams:

Diversity and inclusion to increase community engagement in the startup ecosystem. This stream focuses on more founders to start their own businesses. The stream also aims to support diverse and under represented groups and drive interest in entrepreneurship across all of Victoria.

Capability and excellence to establish Victoria as an internationally recognised startup ecosystem by enhancing founder capabilities and excellence. Activities in this stream focus on ensuring founders and investors have the skills to support the scaling of their businesses.

Leveraging key strengths to establish the State as an internationally recognised startup ecosystem by leveraging Victoria’s existing strengths in health & wellbeing and sports. This stream focuses Victoria’s key (existing) strengths that can be leveraged in positioning the local startup ecosystem as a global leader.

Channel Development to communicate the strengths of the startup ecosystem, locally and internationally. Programs of work will help increase awareness of the Victorian startup community, facilitate engagement within the startup ecosystem, support the generation of content and promote the Victorian startup ecosystem internationally.

 

Eligible Applicants

The types of organisations that are eligible to apply include a:

  • registered company/organisation headquartered in the State of Victoria, Australia; or
  • registered company/organisation with an office in the State of Victoria, Australia; or
  • registered company/organisation located outside the State of Victoria, Australia proposing a project to be delivered in the State of Victoria.

Please note an organisation with an Australian Business Number (ABN) is defined as ‘registered’. Not-for-profit organisations can apply.

Applicants that are eligible include an established company that has been operating for at least 1 year (include date of registration) with a delivery team that has expertise delivering similar programs to startups or startup entrepreneurs.

 

Timing

Applications close 21 March 2019.

 

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