Paying it forward to future Runway Startups
Runway was established to give start-ups that may not otherwise be given the opportunity: the skills, support and resources to launch their business. Runway's vision is to provide that opportunity to startups on an ongoing basis and bring a broader economic benefit to the Geelong region. In order to do this, the key to Runway's sustainability is the contribution our successful startups make back in to the Runway ecosystem.
As part of our program, we ask that our startups consider an amount – either dollars or equity – to contribute back to the program at the point where they exit or become profitable - to support the program for future start-ups.
Should a start-up never exit or become profitable, there is no contribution required.