Five government backed accelerators will run in Queensland to get almost 170 startups in areas like health, agriculture and climate to an investment ready stage as the Miles government pours $130 million into its latest innovation push.
InnovationAus.com can reveal the first five accelerator programs to be funded from the state’s government’s new Venture Capital Development Fund (VCDF) are agritech focused Farmers2Founders, climate tech accelerator EnergyLab, The University of Queensland’s UQ Ventures, healthtech program Lumina X and the VC-led 77 Venture Challenge.
The accelerators are slated to run over a two-year period, supporting 18 cohorts with an estimated 168 companies.
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