Successful iAccelerate applicants in 2017 will be eligible to apply to the iAccelerate Seed Fund. The $10 million iAccelerate Seed Fund will be delivered through iAccelerate, and managed by Artesian Venture Partners.
Artesian Venture Partners were engaged by the University of Wollongong (UOW) to raise capital and manage the iAccelerate Seed Fund. The investment capital will support entrepreneurs to grow their ideas into viable businesses.
Access to early-stage funding will allow entrepreneurs to better prepare their businesses and potentially to connect with further funding opportunities in the future.
Companies participating in iAccelerate Start that qualify for investment from the seed fund can receive up to $30,000 in funding for up to 6 per-cent equity.
Companies that are part of iAccelerate Advanced can alternatively apply to receive up to $150,000 in funding for up to 15 per-cent equity – equating to a million dollar valuation.
iAccelerate Applications Now Open!
Is this something your company could benefit from? Applications to the next iAccelerate intake are now open. iAccelerate offers a practical and engaging program to help build your business fast. iAccelerate offers two comprehensive programs iAccelerate Start (ideas stage) & iAccelerate Advanced (ready to scale).
Applications close Monday 6th February 2017.