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iAccelerate is building a diversified and innovative economy for the future of the Illawarra region, and the Australian economy at large. By combining the world-class resources of the University of Wollongong with entrepreneurs, businesses and investors, our hub of innovation is creating positive impact for our local and global communities.
137 startups and scaleups supported in 2024
Our resident companies employed 401 full-time, part-time and casual workers (as of December 2024), including 97 new roles created.
Our resident companies secured $20.7M investment from equity capital, debt capital and grants in 2024.
$161.7M has been injected into the regional economy through wages and contractor payments made by our resident companies since 2016, with $29.2M injected in 2024 alone.
2024 Impact Report
iAccelerate's impact report for 2024 highlights another year of outstanding results where we continue to be a leader in Australia's innovation ecosystem.