The Victorian government are investing $2.4 million to boost access and participation in the state’s booming startup sector, with a focus on regional Victorian communities.
The funding will be invested through LaunchVic and will support 15 projects across 26 local government areas in Victoria – ranging from $50,000 to $400,000 to support startup and entrepreneurial activity in local regions.
Projects include bootcamps, mentoring, meetups, hackathons, masterclasses and workshops.
Councils in regional Victoria set to receive either direct or consortia funding include Warrnambool, Corangamite, Moyne, Ballarat, Latrobe, Wellington, Bass Coast, Baw Baw, Towong, Benalla, Indigo, Mansfield, Wangaratta and Mildura.
Mildura Rural City Council were funded $50,000 and will run ‘Magnify’ Mildura – creating jobs for the future, a series of events including workshops, masterclasses and a hackathon to help the local startup ecosystem grow as a vibrant hub of regional startup activity
Minister for Innovation and the Digital Economy Philip Dalidakis said“Every startup has a role to play in Victoria’s future, whether they’re from Mildura or Maribyrnong, and this investment will ensure regional Victorian startups have access to the same resources as those in the city.”
LaunchVic’s annual Mapping Victoria’s Startup Ecosystem survey revealed only 3 per cent of the state’s startups are based outside inner Melbourne, and are distributed across just three regional centres in Geelong, Bendigo and Ballarat.
This investment complements LaunchVic’s Startup Guide and Toolkit released late last year to help councils secure funding to implement programs and activities that nurture startup activity and encourage greater participation within their communities.
For more information on funded programs visit launchvic.org.