Higher Education Support Act 2003

Chapter 3 - Assistance to students  

PART 3-7 - STARTUP HELP ASSISTANCE  

Division 128B - Who is entitled to STARTUP HELP assistance?  

SECTION 128B-25   Accelerator program course  

128B-25(1)    
An accelerator program course is a structured and integrated program of education and mentoring that:

(a)    is designed to develop a person ' s skills, capabilities and connections for the purposes of startup businesses; and

(b)    meets the requirements in subsection (2) .

128B-25(2)    
The requirements are that:

(a)    the course leads to the award of a qualification accredited by the higher education provider under subsection (3) ; and

(b)    the course has an *EFTSL value of at least 0.5 EFTSL and no more than one EFTSL; and

(c)    any other requirements set out in the STARTUP-HELP Guidelines are met.

128B-25(3)    
For the purposes of paragraph (2)(a) , a higher education provider may self-accredit a qualification as being integral to the development of startup businesses, if the provider is:

(a)    registered under the *TEQSA Act in the provider category " Australian University " or " University College " ; and

(b)    authorised under that Act to self-accredit some or all of its courses of study.

128B-25(4)    
In self-accrediting the qualification, the higher education provider must, as far as practicable, apply the same procedures it applies when self-accrediting a *course of study.

128B-25(5)    
Without limiting the matters that may be included in the STARTUP-HELP Guidelines made for the purposes of paragraph (2)(c) , those guidelines must require that the higher education provider providing the *accelerator program course has arrangements in place to ensure that, in circumstances where a student creates intellectual property through undertaking the course, the student owns the intellectual property unless there is an agreement that provides otherwise in place between the student and the provider.