Experience the deep-tech venture world from the inside.
A selective 8-week venture-building experience for commercially minded students and professionals to work alongside AI and deep-tech founders building what's next- helping turn frontier technologies into investable ventures.
Applications close 23 August 2026.
Why Illume Venture Fellows?
Innovation requires more than science.
The approach
At Illume, we partner with leading universities and the startup ecosystem to connect innovators with operators to fuel venture building from day one. Venture Fellows is our flagship initiative making this happen.
What you'll get
Work alongside a venture
Be matched with an AI or deep-tech venture from the Future Frontier cohort for 8 weeks.
Build real venture experience
Work on real commercial opportunities-customer discovery, market validation and venture strategy.
Access Future Frontier
Receive complimentary access to the Future Frontier AI & Deep-Tech Sessions delivered by the Monash AI Institute including its founders, experts, investors and industry network.
Join a selective community
Connect with exceptional people building, commercialising and investing in frontier technology.
Who we're looking for
Commercially minded, deeply curious.
Just 10 places.
Applications are competitive and selection is based on commercial capability, industry experience, curiosity and the potential to contribute meaningfully to a venture.
Program details
- Applications open
- 5 August 2026
- Applications close
- 23 August 2026
- Selected Fellows announced
- 28 August 2026
- Program
- 11 September – 13 November 2026
- Duration
- 8 weeks
- Format
- Remote + in-person networking opportunities
Selection & Contribution
10 places available. Venture Fellows is highly selective, with places supported by Innovation Victoria funding.
Eligible Victoria-based Fellows contribute $500. Limited fully funded places are available for eligible Victorian students and researchers.
Frequently asked questions
Everything you need to know.
Ready to get venture building experience?
Applications close 23 August 2026.
Questions? Email programs@illumeventures.com


