With the help of a $1 million voucher program subsidised by the Victorian Government, the business incubation team at Deakin University’s ManuFutures has launched a new initiative for entrepreneurs and start-ups in regional Victoria.
In a recent press release, the Manufutures team revealed the new Accelerate program will include a free 12-week Ignite workshop from April 26, for a small group of hand-picked entrepreneurs, followed by a six-month Bootcamp that includes a $50,000 voucher contribution from the Victorian Government to help candidates transform ideas into commercial success stories.
Ross Mahon, Executive Director Deakin Research Innovations said Deakin and ManuFutures has a stellar track record including creating more than $1 Billion in company value, and since ManuFutures was established in 2018, hosting more than 500 student placements, and creating 120 direct new jobs.
“ManuFuture’s programs and services provide a doorway to Deakin’s advanced capabilities and equipment, as well as multidisciplinary business, law and technology expertise,” Ross Mahon said.
“We are the only facility of this type in Australia: There are many accelerators and incubators in the market but none that have University resources and a new multimillion-dollar commercial precinct included.”
Mr Mahon encouraged entrepreneurs and start-up companies in regional areas such as Ballarat, Bendigo, Warrnambool, Gippsland and Geelong to consider applying to the Ignite workshop program for eligibility to the six-month Bootcamp program.
“We know some of our most talented and driven entrepreneurs and start-ups are based in our regions. We are working closely with the Victorian Government and with regional partners to access and support this talent, with our Geelong facility and a number of new satellites.” Mr Mahon said.
“Bootcamp graduates will also have the opportunity to take up future virtual or real-life tenancies at ManuFutures in the Deakin Future Economy Precinct – working beside leading advanced manufacturers with access to research, business mentors, university students and graduates.
To learn more or apply for the ManuFutures Accelerate program visit:
https://www.deakin.edu.au/research/research-partnerships/manufutures
Original media release published on February 11, by Deakin University