Paul Little among big names in new start-up fund Skalata Ventures

Former Toll Holdings managing director and Rich List billionaire Paul Little is the biggest name among a group of leading business figures banding together to form a new start-up funding and development program designed to help bridge the gap between accelerator programs and venture capital funding rounds.

Led by former Melbourne Accelerator Program (MAP) director Rohan Workman, Skalata Ventures will provide 60 start-ups over three years with up to $250,000 in funding, as well as a "bespoke" six month program.

In the program the founders will be taught how to identify challenges, obtain product-market fit, develop a go-to market strategy, and put the right structures around marketing, branding and governance in place.

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