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Cremorne Digital Hub announces first cohort of its scaleup program

March 9, 2024
in Business
Cremorne Digital Hub announces first cohort of its scaleup program
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The $10 million Victorian Government-backed tech hub, Cremorne Digital Hub, has introduced its first group of high-growth global tech companies selected to participate in its inaugural Scaleup Program.

From a pool of 40 global applicants, four standout companies have been chosen to embark on this six-month journey, delivered in partnership with Boab.

These companies will gain access to Cremorne Digital Hub’s extensive network of partners, investors, and industry advisors, positioning them at the core of a vibrant ecosystem in Cremorne. This support network aims to accelerate their growth, facilitate market penetration, and remove barriers to commercialization.

Partners such as Artesian, REA Group, CAR Group, University of Melbourne, La Trobe University, RMIT University, and Kangan Institute will provide tailored support and direct connections to industry leaders. This collaborative effort will assist participants in securing investments, forming partnerships, validating their products, building high-functioning teams, and enhancing brand visibility.

Through this comprehensive support system, participants will forge new pathways to commercialization, offering validated products and services that resonate with diverse markets and attract investor interest.

The inaugural cohort includes:

CADS: A Singapore-based platform offering personalized online learning and workforce development solutions.

FCC Analytics: A Hong Kong-based platform providing natural language processing and AI solutions for compliance and fraud management.

LARKI: A Victorian-based SaaS and data platform revolutionizing 3D laser scanning for architecture and construction.

ZEPIC: A U.S.-based SaaS platform delivering hyper-personalized customer engagement experiences.

Cremorne Digital Hub will also facilitate the establishment of CADS, FCC Analytics, and ZEPIC in the Victorian and Australian market, contributing to job creation and enhancing the tech industry’s capabilities.

CEO Peter Osborne emphasizes the hub’s mission to support companies with breakthrough solutions in scaling and commercialization. With the backing of the Victorian Government, venture capital support, and insights from university partners, Cremorne Digital Hub aims to empower visionary founders and drive rapid adoption, scale, and revenue growth.

In addition to its founding shareholders, Cremorne Digital Hub has received backing from Kangan Institute, REA Group, and CAR Group, demonstrating a commitment beyond financial investment to accelerate growth and support scaleups.

The hub looks forward to collaborating with CADS, FCC Analytics, LARKI, and ZEPIC, as well as welcoming additional companies to its new flagship headquarters in Cremorne.

For more information, visit cremornedigitalhub.com.au.

Keep up to date with our stories on LinkedIn, Twitter, Facebook and Instagram.

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Copyright for syndicated content belongs to the linked Source : Dynamic Business – https://dynamicbusiness.com/topics/news/cremorne-digital-hub-announces-first-cohort-of-its-scaleup-program.html

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