Programs that find, fund, grow and support Queensland startups
Different programs for
different stages of startup
Our program differences
|Funding||TBD||$50k – $150k (3)||services only|
|Mentoring||approx 20 broad mentors||approx 5 targeted mentors||some|
|Facilities, WiFi Internet + Desks||yes – permanent desks 12 mths||yes – permanent desks 6 mths||1st 2 mths free then perm or hot desk (4)|
|Term||12 months (3mth pgm plus 9 mth support)||6 months||up to 18 months|
|Partner deals||access all partner deals||access all partner deals||access some partner deals|
|Progress oversight||weekly||monthly board meeting||as requested|
- The Accelerate Program is not yet open for applicants. Its launch is pending the successful closure of the ilab Investment Fund.
- The funding for the Germinate program is in the form of grant money. It is not an investment and startups have no valuations attached to this. Equity is in return for ilab services.
- The Accelerate investment level is determined by the Investment Committee upon application.
- The initial Incubate free period is for a maximum of two desks per startup. Further desk will be chargeable at normal ilab rates.