Funding Boost To Fuel Local Start-Ups:

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Wednesday, 4 July 2018

The Andrews Labor Government will invest $2.4 million to boost access and participation in the state’s booming start-up sector.

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 start-up and entrepreneurial activity in local regions.

The Hume City Council will receive a grant of $86,500 to create a start-up ecosystem in Hume to support new start-ups through meetups, mentoring and hackathons.  Transport & Logistics and Warehousing & Manufacturing are two of the largest industries in the municipality with local start-ups strongly encouraged to help drive start-up entrepreneurship for these industries.

“This is great news for the people of the Broadmeadows electorate – it will give local entrepreneurs the chance to turn their dreams into reality and boost our local economy along the way”, Mr McGuire said.

This investment complements LaunchVic’s Start-up Guide and Toolkit released late last year to help councils secure funding to implement programs and activities that nurture start-up activity and encourage greater participation within their communities.

For more information on funded programs visit launchvic.org.

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