Breakthrough Victoria has announced its inaugural fellows in the pre-seed funding program, which will provide up to $150,000 to 50 researchers developing commercial ventures.
The Breakthrough Fellowship Program is a $7.5 million multi-year initiative under the state's University Innovation Platform, a $100 million partnership between Breakthrough Victoria and the state's universities.
The program aims to develop 50 startups, creating a talent pipeline and addressing an early-stage venture capital gap for university-born ideas.
The fellowship aims to develop 50 startups and address an early-stage venture capital gap for university-born ideas.
Author's summary: Breakthrough Victoria supports researcher-founders with funding.