As part of promoting the Government's $1.1 billion National Innovation and Science Agenda, Malcolm Turnbull has promised $15 million, if he is re-elected, will go towards the startup sector via his Incubator Support Program. This is a step up from the $8 million originally given, with an eye towards boosting the number of startup accelerators and incubators in Australia, especially those in regional areas.
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Sydney startup accelerator BlueChilli has announced the launch of a female-focused program called SheStarts at an event celebrating International Women's Day earlier this week. The new program will not only help fund and mentor ten female tech entrepreneurs who are to launch their startups this year, but will also chronicle their journeys for a feature-length documentary.