Victoria’s startup company LaunchVic, is partnering with the state’s well being authority VicHealth to harness the facility of entrepreneurship and innovation to sort out of the important thing well being problems with younger folks with a brand new accelerator program.
The VicHealth X LaunchVic CivVic Problem is in search of aspiring founders and early stage startups eager to search out options that tackle 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’ll co-design and check their options with VicHealth coverage specialists, supported by mentor networks and enterprise acceleration workshops, and obtain $10,000 in equity-free funding.
On the finish of the six-week program, founders have the possibility to use for an additional $25,000 in seed funding to convey their concept to market.
Purposes are actually open for the CivVic Problem, which is on the hunt for 15 innovators to prototype options for these two challenges:
- Enhancing 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 assist the subsequent era of founders coming into the sector.
“CivVic Labs brings startup considering to social issues and provides aspiring founders an opportunity to check out a enterprise concept with an actual end-user,” she stated.
“For presidency, this system supplies a novel and tailor-made entry level for early-stage startups into Victoria’s $10.5 billion early-stage startup ecosystem and perception into lean startup methodology.”
VicHealth CEO Dr Sandro Demaio stated startups have an necessary function to play in HealthTech innovation.
“This can be a unbelievable alternative to use startup and co-design rules to drive youth-led options that tackle a number of the greatest well being challenges going through our youngsters,” he stated.
“We will’t wait to listen to from Victoria’s startup neighborhood to assist us construct a wholesome Victoria the place younger folks can thrive.”
To use and for additional particulars on the CivVic Problem, see launchvic.org/civvic-labs.
