
Funding Amount:
$20,000
Closing Date:
Varies per round; next round updates pending
Status:
Closed for 2025; 2026 applications expected early 2026.
Provider:
The University of Melbourne
Rounds:
Annual cohorts
Location:
VIC
Who Can Apply:
Early-stage startups with a University of Melbourne affiliation or a social impact focus
Co-contribution Required?
No
Purpose and Program Overview
The Melbourne Accelerator Program (MAP), powered by the University of Melbourne, supports high-growth startups through equity-free funding, mentorship, and resources. It aims to accelerate the growth of innovative ventures, fostering a vibrant entrepreneurial ecosystem in Victoria and driving economic prosperity through scalable businesses.
The program provides $20,000 per startup and access to a robust network of mentors, alums, and industry leaders. It supports the broader startup ecosystem by nurturing talent, promoting innovation, and creating high-value jobs in sectors like health, AI, and sustainability.
Since its inception in 2012, MAP has supported over 100 startups, raising $250 million in investments and creating 1,500+ jobs. It aligns with Victoria’s $132 billion startup sector, enhancing Australia’s global competitiveness through programs like the flagship Accelerator and Velocity pre-accelerator.
Key Grant Details
- Grant amount: $20,000 equity-free per startup.
- Application open and close dates: Closed for 2025; 2026 applications expected to open early 2026.
- Eligible industries or business types: Early-stage startups (for-profit and not-for-profit).
- Required co-contributions: No.
- Location/state/territory applicability: Victoria (in-person participation required).
Priority Sectors
Melbourne Accelerator Program prioritises health, AI, sustainability, mobility, and social impact startups, with a dedicated stream for climate-focused ventures.
Funding Scope
- Minimum and maximum amounts: $20,000 per startup.
- Categories or streams of funding:
- Accelerator Program: Equity-free funding, mentorship, and office space.
- Velocity Program: Workshops for customer discovery and market validation.
- Project timeline or eligible funding duration: Accelerator (5 months, June–October); Velocity (3 months).
Grant Amount in Total
The total funding pool for the 2025 MAP Accelerator Program is $220,000 for 11 startups.
Eligibility Criteria
- Business structure or size: Early-stage startups with high-growth potential.
- Registered business location: Must relocate to Melbourne, Victoria, for program duration.
- Minimum/maximum turnover: Not specified; pre-revenue startups eligible.
- Insurance or compliance obligations: Not specified.
- ABN/GST status: Active ABN required; GST registration if applicable.
- Additional requirements: University of Melbourne affiliation, social impact focus, or climate crisis focus; in-person participation.
Eligible Activities and Expenses
- Product or service development and refinement.
- Market validation and customer discovery activities.
- Business strategy and leadership development.
- Networking and pitching opportunities to investors.
Assessment Process
- Competitive or entitlement-based: Competitive, four-stage selection process.
- Key evaluation criteria:
- Innovation and scalability of the business model.
- Potential for market traction and growth.
- Alignment with MAP’s focus areas (health, AI, sustainability, social impact).
Recent Program Updates
In March 2025, LaunchVic provided funding to Melbourne Accelerator Program to deliver its 5-month Accelerator Program. The 2025 cohort included an 11th spot for a climate-focused startup, supported by Melbourne Climate Futures. The Velocity Program received a $222,000 grant to expand, doubling intakes and offering online delivery. Applications for 2025 closed; 2026 details are pending.
Application Tips
- Highlight alignment with MAP’s priority sectors in applications.
- Prepare a compelling 3-minute pitch for the selection process.
- Engage with MAP’s office hours to refine your application.
- Demonstrate scalability and potential for sustainable revenue.
Where to Get Help
Consider consulting with a professional grant specialist like Pattens Group for an initial eligibility assessment and project alignment review. Visit themap.co or for program details and application guidance.
Check Your Eligibility Now
Interested in Melbourne Accelerator Program (MAP) VIC?
Disclaimer: This grants search engine exclusively searches for business grants and does not include community grants or grants for nonprofit organisations.
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