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Latrobe Local News:
Startup Gippsland Funding to Launch Entrepreneurial Tech Program
$250,000 grant to allow Startup Gippsland to provide pre-accelerator programs targeting non-tech founders with tech-focused startups.
By Portal Admin - 22nd September 2020 - Back to News
Latrobe City Council is one of only six agencies to receive funding through the Victorian Government’s LaunchVic pre-accelerator program. The grant of $250,000 will allow Startup Gippsland, a project by the six Gippsland municipalities and delivery partner GippsTech, to provide pre-accelerator programs targeting non-tech founders with tech-focused startups.
Latrobe City Council Mayor Councillor Dan Clancey said Council was delighted to have received the funding in a competitive field.
"With more than 200 applicants across the state, the announcement of funding for Startup Gippsland is a bright spot for our local entrepreneurs. The program that we deliver will mean that a number of startups in each Gippsland municipality will have the opportunity to work on their innovation through an intensive program of training and development sessions to the point of pitching their product at a showcase event," Cr Clancey said.
One pre-accelerator program will be delivered twice, over a two year period, aimed specifically at tech ideas. There will be 15 to 20 startups taking part in weekend intensive workshops. The startups will learn the successful components of business modelling such as market research, working with developers, product roadmaps, digital marketing and a host of other learning outcomes to support their idea to Minimum Viable Product (MVP) stage.
Cr Clancey explained that MVP means the product has as many features as it needs to appeal to early customers and provide enough feedback to improve it before it’s fully realised.
"The culmination is at the pitching event where startups will be able to showcase their work.
"Each program runs January to September, recruitment through to pitching. We’re excited to see what ideas and innovations are presented as part of the recruitment and ongoing development. We know we have innovative and creative brains here in Latrobe City and the wider Gippsland region, and this kind of program is going to be the boost needed to put some of these ideas into the world," Cr Clancey concluded.
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