LaunchVic offers grants to program providers to bring the world’s best startup support programs to Victoria.

Types of Grants for Program Providers:

• Grants for pre-accelerator programs: programs targeted at startup entrepreneurs who have a technology-based idea for a startup and want to establish a business and develop a Minimum Viable Product (MVP). The program runs for a designated period, and participants ‘graduate’ from the program having followed a set methodology to establish a startup. A Pre-Accelerator program can provide a pathway to an Accelerator program.
• Grants for accelerator programs: programs targeted at established Startups who want to scale their business. They are typically fixed-term, cohort-based programs, but may also be delivered in the style of an incubator that accepts startups on an ad-hoc basis. Accelerators (and incubators) are competitive – entry is by way of an application process – and successful startups can expect to receive mentorship and/or education, and introductions to customers and early-stage investors including through a public pitch event or demo day.