Govt demands higher standard from incubators in new funding programme

Mon, 08 Apr 2019

By Paul McBeth April 8 (BusinessDesk) - The government wants a see a higher standard from start-up incubator programmes, which have suffered from a lack of expertise in bringing new ideas to market. Callaghan Innovation will re-tender the incubator programme this year, after the five-year pilot programme failed to deliver pathways to commercialisation. Of the three tech-based incubators in the pilot programme, ASX-listed Powerhouse Ventures has attracted the most attention, as it found itself at odds with founders of several investme...

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