LaunchVic is building a vibrant regional Victorian startup community offering grants of up to $300K by helping early-stage ecosystem development activities in regional Victoria.

Deadlines and Timings

Indicative timings for this program are as follows:

EOI Closes: 10am on  21st July 2022
EOI Outcomes: advised via email w/c 1 August 2022
RFP Outcomes: announced via LaunchVic Website as contracted

Overview and Grant Amount

LaunchVic continues to extend support to develop the regional startup ecosystems across Victoria. However, only 3% of founders identify as regional despite 25% of Victoria’s population living outside Melbourne. LaunchVic is inviting EOI from new and existing organisations recommending the areas of programming required to grow their local startup ecosystem with the objectives of:

• Encourage startup ecosystem development activities in regional Victoria;
• Encourage people to consider a pathway into the startup ecosystem
• Increase the number of early-stage startups being created in regional Victoria

Please note: Startups are not eligible for this funding round.

Programs currently funded by LaunchVic that operate in regional Victoria and are seeking re-funding and consortia proposals will be considered. The successful EOI applicants will be invited to submit a detailed Request for Proposal (RFP). Successful RFP applicants will receive funding of between $50,000 and $300,000 (exclusive of GST) over 1-2 years.

Eligibility and Criteria

Applicants will be required to confirm eligibility, enter applicant details (main and secondary contacts) and organisational details including ABN and address. Applicants need to provide a summary of the startup programs and address the key assessment criteria and complete the declaration.

Applicants are required to address the following key assessment criteria via the LaunchVic online application system. Included below are the required responses and the maximum word count for responses.

Applicants may be required to provide additional information as part of the application process. Selected EOI applicants will be invited to submit an RFP, to provide more detail on the startup programs and evidence to support claims in the EOI. RFP Applications will be assessed and contracted on a rolling basis. For more details on this program, you may view the guidelines here.

Expert Assistance

Treadstone experts can help you understand government grants and maximise the benefits for your business. We have been helping clients since 2008 and our clients can testify to our proven success record. Working with us means you get the maximum grant with minimum risk and effort. Our expertise includes R&D Tax Incentive registration and tax schedules, Export Grants, Capital Expenditure and Infrastructure Grants.

Get in touch with us and let’s discuss this more in detail.

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