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Image: Team photo of the inaugural CDH Cremorne Challenge as part of the DIF2023 Festival on 6 September 2023 [Credit: Cremorne Digital Hub]

Tech companies in Victoria are about to receive a significant boost to help them grow and create local job opportunities.

The Cremorne Digital Hub (CDH) Scaleup Program is primed to support fast-growing tech firms, particularly in talent acquisition, operations and business development. This new and exciting program is now accepting applications , and is scheduled to commence in February 2024.

Beyond industry-specific guidance, successful ventures will have the opportunity to engage with potential investors, corporate partners, and customers all within the tech and startup community.

Victoria's startup ecosystem has experienced substantial growth, surging from $50 billion to an impressive $91 billion in the last three years. The CDH Scaleup Program is designed to nurture these tech scaleups and encourage them to thrive across the state.

Collaborating with Artesian's Boab AI , Cremorne Digital Hub aims to deliver an unrivalled program. Boab AI boasts a remarkable track record in supporting AI scaleups, resulting in a collective company value of $365 million.

Image: CDH in Balmain Street Cremorne is undergoing a transformation ready to open in 2024 [Credit: Cremorne Digital Hub]

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.

The Director of Cremorne Digital Hub, Matthew Clunies-Ross , emphasised the program's adaptability to tailor to each scaleup’s unique challenges.

"All companies in scaleup mode have different challenges and require the most time and cost-effective solutions to meet those challenges. The CDH scaleup model identifies each company’s critical needs and delivers bespoke services." - Matt Clunies-Ross, CDH

This initiative promises to invigorate Victoria's tech landscape, foster innovation and strengthen the local economy. With a commitment to addressing the diverse needs of emerging tech businesses, the CDH Scaleup Program is poised to become a cornerstone of Victoria's flourishing tech sector.

The Scaleup Program has been created for companies with an existing product that has demonstrable traction. Companies can be based in Australia or anywhere in the world.

Applications for the Cremorne Digital Hub (CDH) Scaleup Program are now open . Hurry, as they close the 8 December 2023, 5pm (AEDT) and February 2024 is just around the corner. Find out more at scaleup.cremornedigitalhub.com.au

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