Western Sydney University’s Launch Pad Technology Business Incubator (opens in new window) has been awarded a $250,000 grant to drive the development of technology-based start-up companies in Western Sydney through a new accelerator program initiative.
The ‘SydWest Global Connections Tech Start-up’ accelerator program, is one of five projects recognised through the Australian Government Entrepreneurs’ Programme. It will support talented entrepreneurs, including through a focus on multi-cultural founders in the region, by connecting them with training, mentoring, and business development opportunities.
Director of Innovation and Entrepreneurship, Don Wright, said the program taps into Launch Pad’s extensive skill base as an innovative hub for start-ups and high growth technology-based businesses.
“Western Sydney is home to a diverse, creative business community. This program will allow us to nurture start-ups in the region with a particular focus on supporting innovation that aligns with Western Sydney’s key growth areas including health, education, Agri-business and advanced manufacturing,” said Mr Wright.
“Embedded in Western Sydney and located in Kingswood, Launch Pad is already home to many diverse entrepreneurs. We are proud to offer this program that will not only benefit participants, but will contribute to the regional economy through uplift and smart job growth, in what has been an incredibly challenging year.”
The Launch Pad team will work with 20 start-ups over the course of 2021 to help them develop and scale their business solutions.
Through a six-month intensive program, participants will have the opportunity to unlock innovative business models, access capital, refine their operations and explore local and overseas markets. They will also have access to co-working spaces, the University’s Maker Space — a 3D printing hub and fabrication lab, and professional training.
Expressions of interest are now open for the SydWest Global Connections Tech Start-up accelerator program. Visit the Launch Pad website (opens in new window) for more information.
This article was originally published on the Western Sydney University website.