Deadline: 8 December 2023
Applications are now open for the Cremorne Digital Hub Scaleup Program, powered by Boab, a proven scaleup initiative with a remarkable track record of investment success, achieving a 200% increase in portfolio value.
The Cremorne Digital Hub (CDH) is Victoria’s digital gateway, bringing together business, industry, education, research and technology to generate new pathways for innovation, opportunity and growth in the digital economy.
They recognise that every company is different, so they tailor the services to each company’s unique needs. The CDH Scaleup Program turns weaknesses into strengths through deployed services, maximising partnership & investment opportunities, and de-risking your company to deliver results.
The program is designed to help founders gain more time back in their day by providing additive services. For example, if a company requires more pipeline, the CDH Scaleup Program will engage an expert to help you run a tailored leads campaign, with collateral, copy and technical infrastructure included. There will be weekly meetings of usually 30 mins to report on progress and receive input on services. This is just one example of how the program helps founders in receiving assistance for a specific issue, without a large time commitment.
Program Details
- Services: $50k of market value services
- You will receive direct assistance tailored to your needs by experts in finance, marketing, PR, investment, sales and in technical areas, as well as mentorship, and exposure and connections to potential partners/customers.
- Program Duration: 6-months
- This is not an education-based program, therefore they do not require you to be available for set dates. Instead, they work with your timelines and catch-up with you once a week to determine which services you need, when to deploy them and track the progress of each of the services. The program adds incredible services value to portfolio companies while putting extra time in your day.
- Investment: VC investment opportunity
- Selected companies will have the opportunity to receive fast-tracked access to be considered for investment from the Venture Capital partner.
Eligibility Criteria
- They accept applications globally from companies who have an intention to expand their operations/sales to Victoria and would like assistance with getting customers locally.
- All technologies are applicable to apply.
- Each application is individually assessed on its merits. They classify ‘scaleups’ as companies between the AUD $3m and $20m valuation with the stage of progress varying from pre-launch through to millions in revenue. Each company is different and is therefore treated as unique.
For more information, visit Cremorne Digital Hub.
