Australian sports tech startups to compete for $50,000 funding opportunity

[1] The Australian Sports Technologies Network has confirmed that a seed funding worth $50,000 will be given to entrepreneurs and startups involved in the sports technology sector.

[2] In return for a 15% stake, startups will get a capital injection from the network’s partner, Australian Sports Tech Company.

[3] In this investment round, only four successful startups will be chosen and will possibly have greater chances of funding in the future.

[Source] Australian Information Technology News – Australian sports tech startups to compete for $50,000 funding opportunity