MEDIA RELEASE: LaunchVic to support SBE Australia expand new Life Sciences program in Melbourne

SBE Australia, is pleased to announce it will expand its world-class programs, to include life sciences focused content in Melbourne, thanks to support from LaunchVic (ADD LINK TO RELEASE) under its Round 4 Global Accelerator Funding.  SBE Australia’s licensed Life Sciences Springboard Enterprises Accelerator and its broader, earlier stage E3: Empower, Evolve, Escalate program, for women founders and business leaders, are now open for expressions of interest or enrolment nationally.

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As part of LaunchVic’s mission to bring leading global accelerators to Victoria, SBE Australia will be funded to deliver the Accelerator program licensed from the Springboard Enterprises Health Innovation Hub, directly from the USA, to more than 20 female entrepreneurs over 3 years.

Access to the program is competitive,  and comprises of a three-day intensive bootcamp, designed to support women-led businesses in their long-term financial and human capital needs; followed by an advisory period offering highly customised coaching and technical support from local, US and global industry leaders, influencers, investors and mentors in the Springboard Enterprises network.

Thanks to the funding from LaunchVic, SBE Australia ran a pilot Biotech Program in Melbourne in April. The inaugural 2018 cohort completed the program on June  28th by presenting their life-science businesses at the SBE Dolphin Tank®, held in Sydney, together with the 2018 Tech Accelerator cohort.

Participants included Ms Kathy Harrison, CEO of Dimerix Ltd;  Dr Anabela Correia, CEO of Livac Pty Ltd; and Dr Mimi Tang, Founder of Prota Therapeutics Pty Ltd. These three entrepreneurs join the impressive ranks of 56 SBE Alumnae that have collectively raised more than $207M in capital and completed 5 exits, including 2 IPO’s, post completion of the Springboard Enterprises Accelerator program.

SBE Australia is unique in offering support to its alumnae for life, not just the duration of the program.

Also with LaunchVic support, SBE Australia will run community events as well as its E3 program for more than 60 earlier stage female-led businesses in Melbourne over the next 3 years. The E3 program operates as an 8 module program, providing hands-on learning experience delivered through its network of industry leaders.  The content is industry agnostic and provides technology and life science startups the fundamentals and tools, key to becoming investor ready. Find out more

SBE Australia’s Chair & Springboard Enterprises Alumna (2000), Kerri Lee Sinclair commented “Global and local research shows female business leaders and entrepreneurs do not have the same access to high-growth capital as their male counterparts due to smaller networks.  SBE Australia together with Springboard Enterprises has been curating and developing these networks globally for female entrepreneurs for 6 years. LaunchVic is an ideal partner, not only for their support of the programs, but for the strength and depth of their network into so many parts of the Victorian ecosystem.  We are all aligned when female-founded companies succeed - not only economically, but as a society due to the flow on benefits we experience”.

About SBE Australia

SBE Australia is a not-for-profit organisation dedicated to helping both mid- and later- stage women-led companies to establish solid foundations for their business and to then grow and scale them by securing financial investment or providing commercial support via vetted global networks. SBE Australia understands the unique challenges women experience from starting their businesses through to raising capital.

SBE Australia Program enquiries: I Melbourne: I Sydney:

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