Kate Cornick CEO of Victoria’s startup agency LaunchVic wins global award

Dr Chad Renando Managing Director GEN Australia accepting the award on behalf of Dr Kate Cornik in Riyadh

LaunchVic’s CEO Dr Kate Cornick was awarded the Global Policy Champion award at the Global Entrepreneurship Congress (GEC) in Riyadh. The GEN Compass Awards’ Policy Champion is given to a member of the Policy community who has made the most significant contribution to removing barriers to entrepreneurship through changes to regulations.

Why was Dr Cornick awarded the Policy Champion?

Dr Cornick was selected for her exceptional leadership as the head of LaunchVic, the startup agency of Victoria, to accelerate the growth of the startup ecosystem through policies to helps startups grow and ensure a thriving early-stage investment landscape in Victoria.

Some of the initiatives include strengthing diversity and inclusion in the sector, funding new angel networks, establishing the Alice Anderson Fund that is supporting more investment in women-led startups and the Victorian Startup Capital Fund which is ensuring the success of Victoria’s venture capital landscape set to unlock up to $240 million into the sector.

What are Dr Cornick’s thoughts on her recognition?

Dr Cornick said she was deeply honoured to receive the award and be recognised on a global stage by leaders in startup policy and ecosystem development from around the world. “It’s incredibly humbling to receive global recognition for the work we are doing at LaunchVic and particularly the policy outcomes we have driven, which are are novel and world-leading.”

“Since LaunchVic was created by the Victorian Government in 2016, we have seen the value of our early-stage startup sector quadruple in size from $2.21 billion to $10.5 billion in 2021.”

The GEC is a gathering of startup champions from around the world who are working together to build one global entrepreneurship ecosystem through a shared engine of innovation and economic growth in cities and countries everywhere.