The Top 11 Startup Accelerators and Startup Incubators
Australia is a fantastic country bursting at the seams with start-ups and a vibrant startup culture. It’s only natural, then, for support systems to appear around it. In order to get a head start in the market, a startup approaches a startup accelerator or incubator. In startup accelerators, young and innovative businesses can discover mentors that can help them earn years of experience.
The best Top 11 Startup Accelerators and Startup Incubators in Australia that are dedicated to helping new businesses succeed are listed below.
BlueChilli is a startup incubator/accelerator based in Sydney that helps searly-stage startup founders to build their product. Their accelerator programs and business partners assist in breaking through the major roadblocks that young tech firms face.
BlueChilli can assist you in identifying your first customer and business partners. This startup accelerator invests in tech IP, expert skills, and early-stage investment while also assisting you in raising your own funds.
Founder Institute is the largest pre-seed startup accelerator in the world. The company has raised over $950M and are worth an estimated $30B. They’ve also helped launch 4,500 companies worldwide.
Their idea is to help all tech and tech-enabled businesses to build an enduring business with the help of assignments and expert feedback.
Unlike most other startup accelerators they work on a part-time basis. This means that future founders don’t need to quit their old job to get a start here.
Backed by Telstra, which is a world-class tech company, muru-D helps businesses grow by making them work smarter and faster. With over 300 active alumni, they have helped more than 20 companies raise over $1mn.
A six-month training program by muru-D is an intensive course which provides masterclasses, mentorship as well as alumni networks and investor connections.
They are the largest accelerator in Australia, with programs in Sydney and Melbourne and partner programs in Brisbane with River City Lab and Perth with Spacebud.
Sydney’s award-winning startup incubator is run entirely by student entrepreneurs. INCUBATE funds over 15 promising teams per year. A community of over 100 mentors and helped to get 125 companies off the ground.
INCUBATE offers coworking spaces, access to office resources and advice from the best in the industry so you can create an impact on your market with scalable solutions.
Startmate has invested in 130+ startups and created a collective portfolio of $1 billion. They are known to only back future companies that show real potential—about 200 applications come in each year, out of which 25 are shortlisted and eight selected.
Startmate offers a 12-week-program with personal coaching, coworking space, content sessions and even a week-long trip to San Francisco.
At the beginning of the program all startups receive an investment of $75,000 for a 7.5% equity.
Also known as MAP, the Melbourne Accelerator Program runs in collaboration with the University of Melbourne. Inviting young and bright minds to enroll for their five-month university program they are committed to creating businesses with high impact. MAP was ranked the 8th best University-aligned accelerator in the world in the year 2016.
The Melbourne Accelerator Program (MAP) Workshops, coworking spaces and masterclasses. Their velocity program is a part-time program that is ideal for early-stage founders. Franklins, which is a female-founders network is also worthy of mention. They also offer $20k seed-funding to 10 startups that is equity free.
Springboard Enterprises’ Women Innovators raised a whopping $1.5 billion in 2020 alone. Entrepreneurship is not a “solo piece” and businesses cannot be built in isolation.
This is a not-for-profit community that helps women build high-growth tech companies with the help of innovators, investors and advisors, all of whom are also women.
Springboard offers programs that include a 3-day Sydney bootcamp and 8-week long coaching so you can get access to a wide network of investors and domain experts.
CyRise startup accelerator focuses on Cyber Security and is on a mission to become the best cyber security accelerator in the Asia-Pacific region.
This Melbourne startup incubator offers a six-month long program and $50k seed funding, along with access to Deakin University researchers. They offer a trip to Israel and the US where you can get a new understanding of the cyber security landscape.
Supported by LaunchVic and the Victorian Department of Health and Human Services (DHHS), The Good Incubator looks specifically at supporting startups in the disability, health and well-being sectors.
People with any kind of disability who are either already running a business or looking for ways to start and grow one are welcome by the Good Incubator.
The Good Incubator offers 12-week long programs where you can learn the ins-and-outs of the trade, develop a growth mindset and scale your business.
Cicada Innovations is Australia’s leading deep tech incubator and community. It supports visionary entrepreneurs as they commercialise research and turn ideas into businesses.
Cicada Innovations’ mission is to support deep tech ventures as they take concepts through to commercialisation.
Access to prototyping labs so you can build and test on your tech. Their two main programs are Growlab and Medlab which look at transforming agriculture and healthcare respectively.
Creating huge impact in Fintech, Data and AI, H2 Ventures put their money in people with a strong sense of purpose, and emerge as a global Fintech leader. Associated with 55 companies, they have $200M+ portfolio value and over a million customers.
H2 Ventures offers $100k seed-funding for 10% equity and an ecosystem of entrepreneurs, executives and industry experts.
They have a strong presence of female founders in countries such as Mexico, Argentina, Columbia and Vietnam.