Case study
Startup Spotlight: Simon Burt
Simon Burt, Director of LB Agtech shares valuable his insights and experiences on the startup world.
Startups are young technology-based businesses that use innovation to scale rapidly and capture global markets. Examples of technology include: software / apps, artificial intelligence (AI), blockchain, advanced manufacturing & robotics, Internet of Things (IoT), big data analytics, augmented / virtual reality, 3D printing, advanced materials, genomics & life sciences (including BioTech & MedTech), and autonomous vehicles.
Startup ecosystems are proven job multipliers and are globally recognised as key drivers of economic development. While not all startups make it, those that are successful can scale to 100+ employees in a relatively short amount of time.
Research by LaunchVic has shown that, with the right support, the Victorian Startup Ecosystem has the potential to add on average, a further 15,700 FTEs (Full Time Equivalent job) per annum to the economy by 2038.
Did you know?
Source: Victoriaʼs startup ecosystem 2023 report by LaunchVic and Dealroom.com
Read the reports
Networks are vital for startups as they provide essential resources, mentorship, and opportunities for collaboration. They help in gaining market insights, attracting investors, and building relationships with potential customers and partners, crucial for business growth and success.
Innovation Victoria is the Victorian Government’s innovation agency, supporting startups, entrepreneurs, researchers and businesses to start, scale and succeed. Established in 2026 through the merger of LaunchVic and Breakthrough Victoria, it provides connected support, capability-building programs, commercialisation assistance and investment pathways for Victorian innovators.
The Startup Network, Australia’s largest independent startup community, supports founders with networking, educational insights, tailored connections, and inspiring pitch nights.
Frankston Social Enterprise Hub supports social entrepreneurs with opportunities, events, connections, and free coworking to start and scale social enterprises.
Farmers2Founders empowers agrifood entrepreneurs with innovation, mentorship, and resources. They are your Startup Growth Specialists—Wherever you’re at, their growth services meet you there and take you further!
Scale Investors is an angel syndicate network that invests in the best Australian women-led startups. Scale EducatEd is their own unique, diverse and accessible education platform with online courses tailored to both founders and investors. Get Scale #EducatEd
Flying Fox Ventures are proud to be launching our inaugural pre-accelerator program focused on female founders in Victoria.
Their mission is to:
Climate Salad is an active network to boost climate tech companies, in Australia, with tools, programs, and community support.
Global Victoria is the state government’s trade facilitation agency. They are dedicated trade specialists that act as a gateway to global economies and communities. Their role is to help your business reach its potential in international markets.
Science, technology and innovation Australia supports and invests in science, technology and innovation to drive skills, capability and industry growth across Australia. Check the Industry Innovation page for: business innovation programs, government funding and support, industry news and data and program evaluation
Finding funding for startups involves exploring various sources such as venture capital firms, angel investors, crowdfunding platforms, and government grants.
Networking is crucial to finding funding—attend industry events, join startup incubators, and pitch to potential investors. Additionally, creating a solid business plan and showcasing a unique value proposition can attract funding.
Co-working spaces are important for startups because they offer cost-effective, flexible office solutions, fostering a collaborative environment. These spaces provide networking opportunities, access to resources, and a community of like-minded entrepreneurs.
This setup enhances creativity, encourages knowledge sharing, and helps startups scale by reducing operational overheads and promoting innovation.
Where are they located on the Mornington Peninsula?
Collab Community
Shop 1/5 Main St, Mornington VIC 3931
Co.Co Place
5 Bennetts Road, Mornington 3931
Grenco
1/33A Dava Drive, Mornington 3931
The Rumbl – Coworking
81 Watt Rd, Mornington VIC 3931
High Street Co.
34 High Street, Hastings 3915
Sorrento HUB Cowork Space
1/119-125 Ocean Beach Road, Sorrento 3943
Simon Burt, Director of LB Agtech shares valuable his insights and experiences on the startup world.
Mornington Peninsula Business asked Illumin8’s Jason Williams to share his top ten recommendations for new founders embarking on their entrepreneurial journey.
Find out how Danielle Roberts, LaunchVic’s Regional and AgTech Coordinator, drives rural entrepreneurship, empowering founders and supporting startups.
Content created May 2024, updated February 2026