The Victorian Government is backing young high-growth startup companies by helping investors to understand how to invest and support early-stage startups to scale.
LaunchVic will support 75 potential startup investors via an investor education program to build angel investor capabilities and unlock more capital for Victorian founders.
Delivered by the Wade Institute of Entrepreneurship at the University of Melbourne, the immersive VC Catalyst course focuses on providing the next wave of venture investors with the knowledge, skills, confidence and networks to invest in early-stage startups.
They have supported over 60 investors to unlock a collective $15m in startup investment.
VC Catalyst success stories
Ms. Morris is one of a growing number of successful founders giving back to the economy.
VC Catalyst pushes this cycle of startup creation to provide high-skill jobs in the state.
To learn more about the VC Catalyst program, visit wadeinstitute.org.au/vccatalyst.
The Victorian Government on the successful partnership
Jaala Pulford, is the Minister for Innovation, Medical Research and the Digital Economy.
“The Victorian Government, working in partnership alongside our startup agency LaunchVic, is backing our startup companies to drive economic growth and create jobs.”
Kate Morris is a VC Catalyst alumni and co-founder, Adore Beauty and Glow Capital Partners.
“The program lives up to its name, in that it catalyzes early-stage investment by equipping investors with the knowledge and tools they need to be effective investors.”
LaunchVic’s Chief Executive Officer, Dr. Kate Cornick offered additional insights.
“Activating investors and ensuring they have the connections and knowledge to make successful startups is a powerful approach to close the early-stage funding gap in Victoria.”
Wade Institute’s Director of Innovation and Enterprise, Nick Kaye expounded on the aspect.
“We are thrilled to see our alumni making an impact and are proud to continue our partnership with LaunchVic to deliver the next generation of Victorian startup success stories.”