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YBF Ventures
Melbourne (13 APRIL 2021): In response to the economic, societal and employment challenges that the world faced, and primarily Victoria in Australia in 2020, YBF partnered with the Victorian Government to launch the YBF Startup Immersion Program (SIP)––a first-of-its-kind pilot program in Australia aimed at upskilling experienced corporate professionals with entrepreneurial roles and capabilities.
At the time of launch in October 2020, the program was overwhelmed with applications––with over 500,000 people having been displaced from their jobs as a result of the pandemic in Victoria [source: IBISWorld] and a further three million Australian workers looking for a post-COVID-19 career change [source: ING Future Focus Report].