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icare backs charity’s tech accelerator

The Insurance & Care NSW (icare) Foundation will provide $1.5 million to a tech accelerator program run by the Cerebral Palsy Alliance.

It is the first move in a partnership between icare and the charity, announced last week by the NSW Government.

“Technology changes lives and our challenge as a community is to ensure we maximise the benefits innovation offers for those people living with a disability,” Treasurer Dominic Perrottet said.

“This partnership through the icare Foundation will give businesses and people the help they need to take an idea to the next level and … improve the lives of those with a disability and the community as a whole.”

The Remarkable accelerator supports technology start-ups by providing seed funding, mentoring, coaching, access to investor networks, expertise and guidance.

“In the past, many promising solutions have not made it past the prototype stage in Australia due to lack of access to start-up capital, market opportunities and the network of support needed to guide these ideas towards commercialisation,” Remarkable program founder Pete Horsley said. “This funding will go a long way in helping ensure good ideas become reality.”