AgRIN initiatives and programs
AgTech Support Fund
Agriculture Victoria, in a new partnership with LaunchVic, the state’s startup agency, is providing a $1.3 million boost to the state’s AgTech sector.
Grants of $50,000 are now available to 20 emerging AgTech entrepreneurs looking to take their ideas to the next level.
$45,000 will be provided as an equity-free grant, with the remaining $5,000 funding mentoring and business development advice from some of Victoria’s best startup advisors.
AgTech Angel Investor Network
Consistent with the department’s strategy to catalyse more early-stage investment in the sector, an additional $300,000 will be allocated for investors to establish a dedicated AgTech angel network – the first of its kind in Victoria. The angel network will deploy crucial early capital to founders and provide a valuable network of early-stage investors for Victoria’s AgTech community.
Startups and investors are invited to apply for the grants at https://launchvic.org/grants/
The Victorian Government’s media release is available here.
Victorian AgTech Entrepreneurs Initiative
The Victorian Government launched the $2.2 million Victorian AgTech Entrepreneurs Initiative, a partnership between Agriculture Victoria and LaunchVic, to provide support for eligible organisations to deliver pre-accelerator programs for AgTech early-stage start-ups
The Victorian AgTech Entrepreneurs Initiative is helping boost the number of start-ups across the state and enhance the entrepreneurial culture and capability in the agriculture sector.
These pre-accelerator programs are playing a pivotal role in growing the AgTech sector in Victoria, enabling new founders to access the best possible support, advice and networks to build new businesses that will help shape our future economy and grow jobs. For more information on how to join these innovative support programs, please see the respective websites of the organisations below.
- Farmers2Founders received funding through LaunchVic's Grants for AgTech Pre Accelerator Programs to utilise its proven innovation pathways model to deliver TEKLAB-VIC. Find out more at LaunchVic
- Rocket Seeder
- Rocket Seeder received funding via LaunchVic's Grants for AgTech Pre Accelerator Programs to deliver the AgTech Seeds Pre-accelerator Program. Find out more at LaunchVic.