LuminaX, run by LX Health on the Gold Coast, is a 14-week accelerator for healthtech, medtech and AI startups, with up to two founders per company taking part. Its FAQ is explicit that no equity is taken. Selected startups have the opportunity of investment of up to A$200k, plus $50k in in-kind programme support, though not every participant receives the investment portion.
Investment
A$200,000 (Above East Asia & Pacific median $69k · Above global median $61.3k)
Equity taken
0% (Like 72% of East Asia & Pacific · Like 79% globally)
Duration
14 weeks (Shorter than East Asia & Pacific median 15 wks · Shorter than global median 20 wks)