What is a Victorian government allocates accelerator to boost startups?

Startupbootcamp is a large idea categories which comes first global accelerator in Australia in 2017. Startupbootcamp receive first year (2016) is $600,000 with potentially followed in subsequent years. The opening of funds in hardware and provide core fund for launch accelerator program in 2017.

Startupbootcamp

The funds provide startupbootcamp accelerator in Melbourne and confidence the State Government program will encourage local sponsors such as Google, Cisco, AWS, Salesforce and Intel. The engaged corporate, service and university will enhance a start-up community and build practice in IoT and DataTech Industry. On 3rd October, fast track conducts a one day event as recruitment period with high potential. After opening in November, to inspire the next generation of creative solutions. The vision is to create a thriving ecosystem.

Objective of launchvic

LaunchVic was created by a Labor Government to drive a new ideas and create jobs. The project is to  help young companies, creative idea jobs and industries support Victoria which explains Minister for Innovation, Small business and Trade, Dalidakis, Philip. Startupbootcamp was selected in the Melbourne start-up ecosystem:
• Accelerator focus on both software and hardware
• Bring an international practice in Melbourne
• Connect outside word specifically Europe, Asia and the US
• Ecosystem grows by recruits from APAC region.