Melbourne isn't just about great coffee, stunning street art, and unpredictable weather – it's quietly become Australia's startup powerhouse. While Sydney might grab headlines, Melbourne's blend of creative culture, world-class universities, and livability has created the perfect breeding ground for innovation. The city's entrepreneurial scene has exploded in recent years, transforming from a handful of co-working spaces to a robust ecosystem where founders can find support at every stage of their journey.
This guide explores the leading accelerators and incubators shaping Melbourne's evolving startup landscape. These programs support domestic and international startups seeking to establish themselves in the Australian market.
Target Audience: University-affiliated ventures and early-stage startups
Niche: Multi-sector innovation
Melbourne Accelerator Program is Australia's leading university startup accelerator with exceptional success metrics. It provides $20,000 equity-free seed funding alongside intensive mentorship programs. It has supported over 100 startups, collectively investing over $300 million. It creates sustainable pathways for startups generating over $250 million combined revenue.
Target Audience: Early-stage technology startups
Niche: Ambitious technology ventures
Startmate delivers Australia's most ambitious accelerator program for early-stage ventures. It provides a $75,000 investment alongside comprehensive mentorship from successful founders and operators. It offers access to an extensive global network spanning Australia, New Zealand, and the United States. Through strategic guidance and connections, Startmate creates opportunities for startups to scale internationally.
Target Audience: Pre-seed entrepreneurs and teams
Niche: Technology company building
Founder Institute Melbourne is part of a global network supporting very early-stage ventures. It provides a structured program helping entrepreneurs transform ideas into viable companies. It offers comprehensive mentorship from experienced founders and industry experts. It creates a foundation for building enduring technology companies with global potential.
Target Audience: Energy-focused startups
Niche: Sustainable energy innovation
Startupbootcamp Energy Australia specializes in accelerating ventures that address energy sector challenges. It provides AUD 25,000 funding alongside industry-specific mentorship and resources. It directly connects major energy companies and potential customers and creates pathways for scaling energy innovations through structured development programs.
Target Audience: Cybersecurity ventures
Niche: Digital security
Cyrise is a specialized accelerator that focuses exclusively on cybersecurity innovations. It provides $50,000 in funding for selected startups developing security solutions. Cyrise also offers access to cybersecurity experts, potential customers, and industry partners, creating opportunities for security startups to validate and scale their technologies.
Target Audience: Agricultural technology startups
Niche: Agtech innovation
SproutX is Australia's first dedicated agricultural technology accelerator. It provides specialized support for innovations addressing farming and food production challenges, offers connections to Australia's extensive agricultural industry and related stakeholders, and creates pathways for commercializing agricultural innovations with domestic and global potential.
Target Audience: Small businesses across sectors
Niche: Business growth and development
Melbourne Innovation Centre delivers comprehensive support services for small business growth and development. It provides workspace and practical business resources tailored to early-stage company needs. It offers mentorship and guidance across diverse business sectors and models and creates a supportive environment for sustainable small business growth and development.
Target Audience: Early-stage companies with validated products
Niche: Business scaling and sustainability
Skalata Ventures invests up to $1 million in seed funding for promising early-stage companies. It provides extensive support focused on achieving business sustainability and scalability. It offers structured programs addressing key growth challenges and opportunities and creates pathways for transforming validated startups into established businesses.
Target Audience: RMIT-affiliated entrepreneurs
Niche: Academic entrepreneurship
RMIT Activator serves as RMIT University's primary entrepreneurship and startup support program. It provides dedicated resources for students, alums, and staff developing innovative ventures. It offers specialized mentorship connecting academic innovation with commercial opportunities. It creates bridges between university research and market applications.
Target Audience: Early-stage startups and scale-ups
Niche: Innovation and entrepreneurship community
Runway HQ operates a comprehensive startup hub and co-working environment. It provides a collaborative space designed specifically for entrepreneurial development. It offers community support and networking opportunities connecting founders and resources. It creates an ecosystem fostering innovation and collaborative business growth.
Target Audience: Monash University students and alumni
Niche: University entrepreneurship
Monash Generator functions as Monash University's entrepreneurship program for student ventures. It provides resources, mentorship, and support for transforming ideas into viable businesses. It offers access to university research facilities and academic expertise and creates pathways for students and alums to commercialize their innovations.
Target Audience: Deakin-affiliated founders
Niche: University startup support
Deakin Startup Accelerator supports ventures founded by students, staff, and alums of Deakin University. It provides dedicated resources for early-stage company development and validation. It offers mentorship that connects academic knowledge with commercial applications. It also creates opportunities for university-affiliated entrepreneurs to launch sustainable ventures.
Target Audience: Victorian startup ecosystem
Niche: Ecosystem development
LaunchVic is Victoria's startup agency, supporting the broader ecosystem's development. It provides various programs with different funding amounts tailored to specific needs and offers strategic initiatives connecting different elements of the startup community. LaunchVic creates a foundation for the sustainable growth of Victoria's overall innovation ecosystem.
Target Audience: Entrepreneurs and creative professionals
Niche: Co-working community
Inspire9 provides a collaborative co-working space and community hub for startups. It offers an environment designed to foster connections between entrepreneurs and resources. It provides regular events and programming supporting entrepreneurial development. It creates a supportive community where founders can connect and collaborate.
Target Audience: Technology startups and scale-ups
Niche: Tech innovation hub
York Butter Factory functions as Melbourne's established innovation hub for technology ventures. It provides specialized support for startups developing technology solutions across sectors. It offers networking and resources connecting founders with industry partners and creates an environment fostering technological innovation and business growth.
Target Audience: Fintech and emerging technology startups
Niche: Financial technology
Stone & Chalk operates as a specialized innovation hub for financial technology ventures. It provides dedicated resources for startups developing solutions for the financial sector. It offers connections to established financial institutions and potential partners. It creates an environment fostering innovation in fintech and related emerging technologies.
Target Audience: International students and graduates
Niche: International entrepreneur support
Outcome.Life delivers targeted support for international students pursuing entrepreneurship. It provides specialized resources addressing unique challenges faced by international founders. It offers guidance on navigating business development and visa considerations. Life creates pathways for global talent to contribute to Australia's innovation ecosystem.
Target Audience: Early-stage startup founders
Niche: Growth and scaling support
Atto Accelerator focuses on helping early-stage ventures achieve sustainable growth. It provides comprehensive support for business model development and market validation, offers mentorship from experienced entrepreneurs and industry experts, and creates structured pathways for startups to achieve significant scale.
Target Audience: Academic researchers
Niche: Research commercialization
TRAM specializes in supporting University of Melbourne researchers in commercializing their work. It provides resources for translating academic discoveries into market applications, offers guidance on navigating intellectual property and technology transfer processes, and creates pathways for research to achieve real-world impact through commercialization.
Target Audience: Regional entrepreneurs
Niche: Regional innovation
Runway Geelong is a specialized accelerator supporting entrepreneurs in Victoria's Geelong region. It provides resources tailored to the unique challenges of building startups outside major city centers. It offers mentorship and connections to the broader Australian startup ecosystem. It creates opportunities for regional innovation and economic development.
What makes Melbourne's startup scene special isn't just the funding or the fancy co-working spaces – it's the genuine community spirit that underpins everything. Unlike the cutthroat competitiveness you might find in other tech hubs, Melbourne's ecosystem thrives on collaboration. Grab a flat white at a startup event, and you'll likely meet founders who are eager to share their mistakes and victories with equal enthusiasm.
As the ecosystem continues to mature, Melbourne isn't trying to be the next Silicon Valley – it's creating something uniquely its own. With strong university partnerships, government support, and a growing pool of experienced mentors who've built and exited companies, Melbourne has all the ingredients to remain Australia's startup capital for years.
Read product articles, guides, and tips from industry experts to help you build, operate and grow your accelerator and incubator.
Tel Aviv
Tel Aviv, often called the "Startup Nation's Capital," is a global technology hub renowned for its vibrant and innovative startup ecosystem. The city has earned international recognition for its dense concentration of high-tech companies, cutting-edge innovations, and robust support infrastructure for entrepreneurs.
Barcelona
Barcelona has the highest concentration of accelerators in the country after Madrid, aiming to build and nurture disruptive startups in diverse tech and entrepreneurial fields.
Paris
Paris is a central location for leading accelerators, incubators, and innovation programs aiming to catalyze growth for the next generation of disruptive innovation and technology.
São Paulo
São Paulo is home to some of the best tech talents and talent nurturers globally. It is the central location for leading accelerators, incubators, and innovation programs aiming to catalyze growth for the next generation of disruptive innovation and technology.
Dubai
Dubai is a major innovation hub in the UAE, with numerous accelerators, incubators, and innovation programs.
Mexico
Mexico, located between the United States and Central America, is renowned for its notable accomplishments in entrepreneurship, attributed to its strategic location, market size, and favorable trade agreements.
Riyadh
Riyadh is a central innovation hub in Saudi Arabia, with numerous accelerators, incubators, and innovation programs.
Toronto
Toronto, Canada's home for nurturing tech innovation, has many accelerators and incubators for tech entrepreneurs and startup founders aiming to mainstream their disruptive ideas. This detailed guide explores Canada's leading incubators and accelerators, specifically curated to catalyze growth from ideation to launch.
San Francisco
From the historic Silicon Valley to the dynamic SoMa area, San Francisco's startup ecosystem offers an unparalleled environment for ambitious individuals seeking to transform their ideas into revolutionary, globally influential companies.
New York
New York City is a city buzzing with innovators eager to bring their business dreams to life. It boasts over 13,000 startups and 2,000+ accelerators and incubators.
Boston
Boston, known for its rich history and deep academic roots, has rapidly grown into a central hub for innovation in the United States. With a strong presence like MIT and Harvard, Boston has cultivated a fertile ground for technological and scientific advancements.
Brussels
Brussels offers entrepreneurs a unique access to policymakers, international organizations, and a diverse talent pool.
Los Angeles
Los Angeles has become a vibrant startup hub, leveraging its unique position at the intersection of entertainment, technology, and innovation.
London
London is a welcoming hub for global innovative technology, home to some of the best tech talents and talent nurturers globally. It is a central location for leading accelerators, incubators, and innovation programs aiming to catalyze growth for the next generation of disruptive innovation and technology. This guide explores London's leading accelerators and incubators that support startups in the ideation, launch, or growth phase.
Madrid
Madrid, Spain's home for nurturing tech innovation, has many accelerators and incubators for tech entrepreneurs and startup founders aiming to mainstream their disruptive ideas. This detailed guide explores Spain's leading incubators and accelerators, specifically curated to catalyze growth from ideation to launch.
Cairo
Cairo is a central innovation hub in Egypt, with numerous accelerators, incubators, and innovation programs. It hosts a high concentration of accelerators aiming to build and nurture disruptive startups across diverse tech and entrepreneurial fields.
Austin
Austin, famous for its vibrant startup culture and technological advancements, stands out as a key innovation hub within Texas.
Sydney
Sydney is Australia's leading innovation hub, combining world-class universities, a strong corporate presence, and a vibrant entrepreneurial culture.
Stockholm
Stockholm has earned the nickname "The Unicorn Factory" due to its impressive track record of producing billion-dollar companies.
Berlin
We explore Berlin's leading technology-centric incubators and accelerators, specifically curated to catalyze growth from ideation to launch.
Bangalore
Bangalore, often said to be India's Silicon Valley, is a booming startup hub, brimming with unparalleled enthusiasm, innovative ideas, and entrepreneurial energy, propelling the city and India to the global entrepreneurial stage. The city is home to many incubators and accelerators that nurture early-stage startups, serving as launchpads for tomorrow's unicorns and industry game-changers.
Seoul
Seoul has emerged as one of Asia's most dynamic startup ecosystems, combining technological innovation with strong government support and corporate engagement. The city's startup landscape benefits from South Korea's advanced digital infrastructure and innovative culture, making it an attractive destination for entrepreneurs across Asia and beyond.
Amsterdam
Amsterdam has established itself as one of Europe's most vibrant startup ecosystems, combining Dutch innovation with international entrepreneurship
Zurich
Zurich is known as Switzerland's premier innovation hub. It combines world-class technical universities, strong financial infrastructure, and a growing entrepreneurial ecosystem.
Tokyo
Tokyo, Japan's bustling capital, has emerged as a significant player in the global startup ecosystem. Combining traditional corporate strength with innovative entrepreneurship, the city offers unique opportunities for startups looking to leverage Japan's technological prowess and market potential.
Vancouver
Vancouver has established itself as Canada's West Coast innovation hub, combining strong academic institutions, a thriving tech sector, and a commitment to sustainability.
Seattle
Seattle has become the leading innovation hub in the Pacific Northwest, leveraging the region's robust technology base, ample venture capital, and its close proximity to both Asian markets and Silicon Valley.
Kuala Lumpur
Kuala Lumpur is one of Southeast Asia's rising startup hubs, combining Malaysia's strategic location, multicultural business environment, and strong government support for innovation.
Copenhagen
Copenhagen might be famous for its picture-perfect canals, impeccable design aesthetic, and hygge lifestyle, but beneath that cozy exterior beats the heart of one of Europe's most dynamic startup ecosystems.
Bangkok
Beyond the city's famed street food and temples, Thailand's capital has become Southeast Asia's unexpected innovation hub.
Melbourne
The city's entrepreneurial scene has exploded in recent years, transforming from a handful of co-working spaces to a robust ecosystem where founders can find support at every stage of their journey.
Buenos Aires
Buenos Aires booms with entrepreneurial energy that's as bold and passionate as the tango that was born in its streets. Argentina's bustling capital has emerged as Latin America's creative startup hub, blending European influence with South American resourcefulness.
Lisbon
Lisbon has grown from a hidden gem of Southern Europe into one of the continent's most vibrant startup hubs. With affordable living costs, a growing talent pool, and a government eager to support the tech sector, Lisbon has become the sunny alternative to Europe's more established startup cities.
Johannesburg
Johannesburg is Africa's business hub and home to a growing startup scene. The city blends its business strength with creativity to help new companies grow. South African entrepreneurs are solving local problems while creating solutions that work worldwide, making Joburg an important startup center in Africa.
Munich
Munich is where German engineering meets entrepreneurial spirit. Beyond the beer gardens and BMW headquarters, Bavaria's capital has quietly transformed into one of Europe's most formidable startup ecosystems.
Vienna
Vienna combines old-world charm with new business energy. The Austrian capital offers a growing startup scene built on the city's strengths in music, art, and science.
Istanbul
With a young population, strong technical talent, and increasing support from both government and private investors, Istanbul has become an exciting place to start a new business.
Montreal
Montreal has particularly made a name for itself in artificial intelligence, gaming, and innovative technology, attracting entrepreneurs from across Canada and around the world.
Miami
With year-round sunshine, no state income tax, and a welcoming attitude toward entrepreneurs, Miami has attracted founders from across the US and Latin America.
Milan
Milan's startup scene is growing fast, with strong support from universities, banks, and the local government, making it the best place in Italy to start a new business.
Helsinki
Helsinki isn't just about saunas, design, and endless summer days. It's quietly become one of Europe's most dynamic startup ecosystems. Finland's capital has transformed from Nokia's hometown into a breeding ground for tech unicorns like Supercell and Wolt.
Dublin
Dublin has become one of Europe's most vibrant startup hubs, earning the nickname "Silicon Docks" because of its high concentration of tech companies.
Lagos
Lagos is Nigeria's biggest city and the business heart of West Africa. Beyond its busy streets and markets, Lagos has become Africa's most exciting place for startups and new businesses.
Singapore
Singapore, often called Asia's Silicon Valley, has emerged as one of the world's leading startup ecosystems. With its strategic location, robust infrastructure, and government support, the city-state has become a magnet for entrepreneurs and innovators across Southeast Asia and beyond.
Chicago
Chicago has become a key player in the Midwest's startup scene, merging traditional business skills with new ideas.