Tennis Australia’s AO Startups program has announced five of the seven startup involved in its pioneering new accelerator program. The startups were chosen from among 165 applications to the program, which is designed to help early-stage companies pilot cutting-edge technologies at the Australian Open (AO) and tennis more broadly. Tennis Australia Head of Innovation Dr Machar Reid said… Read more »
The US-founded global investment firm and accelerator program Techstars is setting up shop at Sydney’s Tech Central in a major boost for the local startup sector Techstars has invested in more than 3,000 early-stage startups over its 16-year existence and is one of the largest pre-seed investors in the world. In Sydney it will provide… Read more »
National science agency, CSIRO, has chosen 10 deep-tech startups, including three of its own ideas, for its revived ON Accelerate program. The program, which first began in 2015, was shut down in late 2019, having created 66 new companies, more than 500 jobs, and raising more than $110m in investment capital. This will be the… Read more »
Victoria’s government-backed startup agency, LaunchVic, is supporting three local accelerator programs with a total of $3.1 million in funding. CEO Dr Kate Cornick the funds will help fast track the growth of up to 160 local startups. “By backing programs with a proven track record of helping founders, we will ensure LaunchVic supports our rapidly… Read more »
The University of Sydney is building a biomedical precinct worth $478 million to fast track research and patient care. The Sydney Biomedical Accelerator (SBA) will be the university’s largest ever capital investment, with the research precinct co-located at Royal Prince Alfred Hospital and the University’s Camperdown campuses, within the Tech Central precinct. It will span 36,000 square metres… Read more »
Law Firm Hall & Wilcox has chosen 10 startups for its 2022 Frank Lab accelerator program, spanning climate to edutech, fintech and even art. Frank Lab 2022 follows the success of the 2021 female-focused cohort and the 2020 and 2019 programs, which helped accelerate a broad range of businesses and their solutions. These included an open banking/data-sharing platform, rocket engine technologies,… Read more »
The world’s largest pre-seed accelerator, the Founder Institute, has opened its Spring program for aspiring entrepreneurs in Australia and New Zealand. The trans-Tasman 16-week part-time program follows the recent visit to Australia by New Zealand Prime Minister Jacinda Ardern as part of a trade mission. Sydney-based Founder Institute co-director and Nasdaq Entrepreneurial Centre ambassador Phoebe… Read more »
Premier local accelerator and investment program Startmate has backed a majority of startups founded by women for the first time in its history for the latest cohort. Seven of 12 Australian and New Zealand startups are helmed by a woman. Each one receives a $120,000 investment at a $1.5 million post-money valuation if its the… Read more »
Silicon Valley agrifood innovation investor SVG is setting up shop in Melbourne with a $50 million fund to back local agtech startups. SVG will launch its $50 million THRIVE Australia Venture Fund to invest in Australia and New Zealand agtech startups. Victorian economic development minister Tim Pallas visited California on the weekend to meet with SVG… Read more »
Australia-based Ocean Impact Organisation has selected six startups from around the world for its inaugural Ocean Impact Accelerator Program. Revealing the startups on World Ocean Day, OIO co-founder and CEO Nick Chiarelli said two of the companies, Nuvoe from Sydney, and Uuvipak from Brisbane, are among the six potentially game-changing startups involved in the 7-month… Read more »
Do we still need startup accelerators? Were they for a point in time that has now passed? I have been designing and running accelerator programs since 2010 and believe they have been a significant contribution to the innovation system we have today. Ten years ago, few people aspired to start a company, and there was… Read more »
Victorian startup agency LaunchVic is offering grants of up to $2 million to support accelerator programs for local founders. Applications for the grant program are now open for experienced accelerator program providers to deliver either generalist or sector-specific programs over the next three years. LaunchVic CEO Dr Kate Cornick said the need for tailored support,… Read more »
Victoria’s startup agency LaunchVic, is partnering with the state’s health authority VicHealth to harness the power of entrepreneurship and innovation to tackle of the key health issues of young people with a new accelerator program. The VicHealth X LaunchVic CivVic Challenge is looking for aspiring founders and early stage startups keen to find solutions that… Read more »
The University of NSW entrepreneurship program, UNSW Founders, will launch a new venture-backed accelerator for deep tech startups focused on synthetic biology and biotech with support from the CSIRO’s VC arm, Main Sequence. SynBio 10x will run in conjunction with the RNA Institute and UNSW School of Biotechnology & Biomolecular Sciences. Main Sequence will invest $120,000… Read more »
Startup accelerator Catalysr, which helps migrants and refugees build startup businesses in Australia, is ramping up its support for “migrapreneurs” (migrant entrepreneurs) with a new fellowship program. CEO Usman Iftikhar launched Catalysr as a solution to the difficulties he faced in getting a business off the ground as a new Australian. The shift to online… Read more »
Daily startup news and insights, delivered to your inbox.
