RIVER CITY LABS STEPS ON THE ACCELERATOR

FIRST came co-working, then came acceleration.

River City Labs is offering its first startup accelerator program through teaming up with global Telstra-backed organisation muru-D.

The River City Labs Accelerator Program will run over 14 weeks and offer a combination of seed capital, co-working space, mentoring, training and access to global networks to five local technology companies.

Peta Ellis, general manager of River City Labs, says the partnership is the 'next step' for the Brisbane community which will grant access to some of the 'greatest tech minds'.

"This partnership with muru-D is an exciting next step for us. It will be fantastic to be able to leverage muru-D's best practices, resources and guidance to shape the content and inform the delivery of our accelerator program," says Ellis.

"Local companies will share in the wisdom of some of the most experienced business people in the world."

The program hopes to fast-track the eco-system of a city that is already rapidly progressing, according to entrepreneur in residence at muru-D, Mick Liubinskas.

"Brisbane has been one of the fastest growing, most active cities in Australia for early stage technology companies," says Liubinskas.

"Our goal is to support it by sharing all the things we've learned and developed at muru-D to see more successful, global companies over the next ten years."

Applications to be part of the River City Labs Accelerator program are now open, with a Queensland regional roadshow running from 3 to 14 August. The roadshow events are designed to give local startups the opportunity to learn more about the program before they apply.