Victoria’s startup company LaunchVic, is partnering with the state’s well being authority VicHealth to harness the facility of entrepreneurship and innovation to deal with of the important thing well being problems with younger folks with a brand new accelerator program.
The VicHealth X LaunchVic CivVic Challenge is on the lookout for aspiring founders and early stage startups eager to search out options that handle wholesome consuming and meals promoting pushing unhealthy choices to younger folks.
As part of CivVic Labs by LaunchVic, chosen founders take part in a pre accelerator expertise the place they may co-design and take a look at their options with VicHealth coverage consultants, supported by mentor networks and enterprise acceleration workshops, and obtain $10,000 in equity-free funding.
At the tip of the six-week program, founders have the possibility to use for an extra $25,000 in seed funding to carry their thought to market.
Applications are actually open for the CivVic Challenge, which is on the hunt for 15 innovators to prototype options for these two challenges:
- Improving younger folks’s entry to wholesome meals of their neighborhood
- Exposing unhealthy meals promoting focused at younger folks
LaunchVic CEO Dr Kate Cornick stated HealthTech is Victoria’s largest startup subsector, with 1 in 5 startups working within the area, and the VicHealth partnership would help the following technology of founders coming into the sector.
“CivVic Labs brings startup thinking to social problems and gives aspiring founders a chance to test out a business idea with a real end-user,” she stated.
“For government, the program provides a unique and tailored access point for early-stage startups into Victoria’s $10.5 billion early-stage startup ecosystem and insight into lean startup methodology.”
VicHealth CEO Dr Sandro Demaio stated startups have an essential function to play in HealthTech innovation.
“This is a fantastic opportunity to apply startup and co-design principles to drive youth-led solutions that address some of the biggest health challenges facing our kids,” he stated.
“We can’t wait to hear from Victoria’s startup community to help us build a healthy Victoria where young people can thrive.”
To apply and for additional particulars on the CivVic Challenge, see launchvic.org/civvic-labs.