Runway HQ Geelong

Runway HQ Geelong is a prominent accelerator and incubator dedicated to fostering a vibrant entrepreneurial ecosystem across regional Victoria, Australia, particularly within the Surf Coast to Goldfields catchment area. Established in 2017, the not-for-profit organisation has been instrumental in unearthing and supporting entrepreneurs, assisting them to fast-track, grow, and scale their startup ventures. Runway HQ distinguishes itself through its deep commitment to regional development, offering a comprehensive suite of programs tailored for early-stage startups, established small to medium enterprises (SMEs), and even corporate innovation initiatives. Since its inception, Runway has actively supported innovation and entrepreneurial thinking in the region.

The organisation’s core offering includes its highly acclaimed Incubator program, designed for individuals who have validated their ideas and are ready to develop a minimal viable product (MVP) for market launch. This intensive four-month program, delivered online with a blended approach of group sessions and one-on-one coaching, provides participants with essential tools like business model canvas development and pitching skills. Remarkably, the program is heavily subsidised, with participants paying just $250 plus GST for a program that costs Runway $8000 per individual to deliver, highlighting significant support from partners like LaunchVic and the City of Greater Geelong. This commitment ensures accessibility for promising regional founders.

Runway HQ Geelong boasts a strong track record of nurturing emerging talent and contributing substantially to the local economy. By 2025, it had successfully delivered 16 Incubator cohorts, empowering over 100 founders to progress their ventures. Collectively, startups supported by Runway have played a role in generating over 400 jobs and contributing more than $140 million in economic value to the state since its founding. Former CEO and co-founder Peter Dostis, along with co-founder Nick Stanley, have been central to this vision, ensuring that for every dollar injected, another $1.80 was created elsewhere in the economy due to flow-on effects.

The organisation’s impact extends beyond direct incubation, as it also runs bootcamps, workshops, and networking events, cultivating a connected community of innovators [cite: 9 (from first search)]. Runway HQ accepts applications from diverse sectors but has shown a particular focus on and prioritisation for businesses in the Creative Industries, Tourism, and CleanTech sectors within its "Ready Set Grow" program, reflecting strategic alignment with regional growth opportunities [cite: 6 (from first search), 9 (from first search)]. Through its tailored mentorship, training, and strategic investment, Runway HQ continues to be a crucial launchpad for regional Victorian businesses aiming for substantial growth and market entry.