LaunchVic is on the hunt for the next wave of tech unicorns with expressions of interest for its 30X30 program open. Launched last year with a cohort featuring Mr Yum, Seer Medical and July, 30X30 is an executive education program at Victoria’s fastest growing scaleups.
Why is the 30×30 program crucial for startups?
The four-month program will see scaleup talent paired with mentors from existing unicorn ventures such as Atlassian, Canva, Culture Amp, Judo Bank and Carsales to address common bottlenecks for scaling companies. Selected scaleups will also receive $6,000 funding for new market entry from the Victorian Government’s Trade Agency, Global Victoria.
Zhoe Low, General Manager of direct-to-consumer luggage startup July, said the 30X30 program has helped the company through a significant growth period with the return of international travel. “The program provided us with a rare opportunity to connect with our scaleup peers to share and learn from their experiences and those of our mentors,” she said.
“This couldn’t have come at a better time as we were experiencing a period of exponential growth and the program helped our management team to hone our focus and shape our operations for further expansion. We are glad to have come through the program armed with both the hard and soft skills needed to achieve our long-term goals,” Zhoe Low further said.
What is the mission behind 30×30?
Where many programs focus on uplifting founder capability, LaunchVic Chair Leigh Jasper said 30X30 takes aim at the back-office functions crucial to scaling fast. “Developing executive talent to support the founders is a key enabler for rapid growth, which is why the 30X30 program is designed to upskill leaders in the HR, Operations and Finance functions,” he said.
“The success of the inaugural program in 2022 proves that empowering leadership teams through mentoring, education and cohort engagement allows founders and CEO’s the freedom to focus on strategic growth. It’s a unique offering that helps ambitious Victorian scaleups on their path towards ultimate unicorn status,” Leigh Jasper concluded.
Scaleup founders can learn more at the LaunchVic website.