Australia

14 04, 2021

Victoria invests $1.8m in start-up accelerator

By |2021-04-14T13:56:46+00:00April 14th, 2021|Australia, State or Government|0 Comments

The Victorian government has invested another $1.8 million into Startmate to fund a Victorian-specific accelerator program, four years after the venture capital-backed accelerator expanded to Melbourne. The investment coincides with Startmate going out to the market to raise two new funds, both aimed at increasing the diversity in the entrepreneur and investor ecosystems.Startmate chief executive [...]

24 03, 2021

John Brumby on Victoria’s $2b innovation fund – InnovationAus

By |2021-03-24T15:45:24+00:00March 24th, 2021|Australia|0 Comments

Victoria’s $2 billion commercialisation fund will lead to a “quantum shift” for the state, according to former Premier John Brumby, who will chair the new fund. The Breakthrough Victoria Fund, which will provide funding to local companies for R&D adoption and commercialisation over the next decade, is now up and running with the government establishing a new [...]

9 09, 2020

Technology Accelerator Program spurs on Western Australia innovators

By |2020-09-09T14:19:01+00:00September 9th, 2020|Accelerator/incubator, Australia, State or Government|0 Comments

Western Australian start-ups, established businesses and researchers working on innovative location-based products or services have been urged to apply for the SPUR Location Technology Accelerator Program. The program features a $25,000 grant for up to six successful applicants, with access to information sessions focused on working with WA Government data and processes. Successful applicants will receive [...]

16 05, 2019

Labor $15m digital health accelerator with Monash University

By |2019-05-16T07:13:32+00:00May 16th, 2019|Australia, Corporate|0 Comments

Labor will fund a new health technology accelerator and medical simulation facilities in Melbourne’s south-east as part of a $15 million digital health election commitment. Shadow health minister Catherine King, shadow digital economy minister Ed Husic and Labor candidate for Dunkley Peta Murphy will make announce the election announcement in Frankston on Monday morning. The $15.3 [...]

20 12, 2018

Battery startup born out of University of Queensland raises $1.74 million to fuel rapid growth plans

By |2018-12-20T09:47:04+00:00December 20th, 2018|Australia, New Investments/Awards|0 Comments

Brisbane startup Pure Battery Technologies has raised $1.74 million to commercialise University of Queensland-developed technology to improve the production of batteries for electric vehicles. The technology enables the nickel and cobalt minerals required for making batteries to be more easily extracted, and then converted into the components quickly and cheaply. The technology has been in development [...]

6 12, 2018

University accelerator sees startups smash $50m milestone 

By |2018-12-06T08:40:52+00:00December 6th, 2018|Accelerator/incubator, Australia, Impact|0 Comments

The University of Queensland has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million. UQ offers a range of hands-on programs, including its Germinate accelerator, that give budding founders the skills, connections and seed funding to create a startup and to turn early-stage [...]

12 11, 2018

The University of Queensland’s ilab smashes $56 million investment in startups –

By |2018-11-12T10:58:29+00:00November 12th, 2018|Australia, Venture Capital|0 Comments

The University of Queensland (UQ) has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million. UQ offers a range of hands-on programs, including its Germinate accelerator, that give budding founders the skills, connections and seed funding to create [...]

24 08, 2018

University of Queensland biotech startup NexGen Plants bags $3 million 

By |2018-08-24T06:37:41+00:00August 24th, 2018|Australia|0 Comments

Schenk tells StartupSmart the technology poses an alternative to genetically modified produce, allowing for cross-breeding of plants to introduce desirable traits by adding only the genome that’s required for that trait. There are big parts of certain plants’ genomes that are “hidden treasures”, Schenk says, and by extracting those genomes and placing them into other plants, the [...]

17 07, 2018

Three new government-supported accelerators to boost Victorian startups 

By |2018-07-17T08:38:27+00:00July 17th, 2018|Australia, State or Government|0 Comments

More than 170 Victorian startups will benefit from a $13.45 million investment by the state government to establish three new startup accelerators. As part of the LaunchVic funding round, two Australian teams – SBE Australia and Skalata Ventures – will establish and operate accelerator programs exclusive to Victoria. Techstars, an international organisation, is also in the early stages [...]

13 06, 2018

​Advance Queensland innovation fund gets AU$73m Budget boos

By |2018-06-13T06:18:13+00:00June 13th, 2018|Australia, Corporate|0 Comments

The Queensland government has handed down its 2018-19 Budget, with jobs and innovation once again a focus for the state. The state's innovation fund Advance Queensland, launched three years ago during the 2015-16 Budget, will be receiving a further AU$73 million over four years, bringing the total kitty to AU$650 million. Specifically, the new cash injection [...]