University of Melbourne and RMIT University have put their weight behind a new incubator and accelerator that is set to open in the city.

University of Melbourne and RMIT University are among a consortium of backers of an incubator and accelerator that is set to open its doors in the city of Melbourne, according to the Australian.

The centre is being opened by the city government of Melbourne, with other supporters including the government of Victoria, Jiangsu-Suzhou Science and Technology Town, and the Australia-China Association of Scientists and Entrepreneurs.

The incubator will have access to a total of A$80m ($64m) in funding to run…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?