UNSW Innovations

UNSW InnovationsStartup & Entrepreneur Support

November 2015

400+ Startup & SME teams supported

since 2012

Teams have raised $3M+

160+ triaged mentors

600+ students: opt-in, real businesses

4 Flagship Events

World’s first Work Integrated

Learning + Startup Product

Development Model

UNSW Entrepreneur Development since 2012

UNSW Startups You Should Know

Case study: Brad Lorge, Premonition

Brad has recently secured investment from Rimon Investments

Case study: Sonya Marshall, StudentAdventurer

Sonya has secured investment from Student Services Australia

Faculties & Schools

Arc

UNSW Innovations

MCIC

E x t r a C u r r i c u l a r

S t a r t u p S u p p o r tC l u b s &

S o c i e t i e s

F o r C r e d i tC o u r s e

MBA’s Startup consulting Bus School – Lean startupCIE Innovation DiplomaEntrepreneurial EngineeringSocial Enterprise (Art & Design)Centre for Social Impact

Internships

QLC 100 Students Industry placements UNSWOT

CREATEYoung Ent Soc YESENACTUSAGSM ICE ClubAIESEC

Michael Crouch Innovation Centre

Platform, Pathway & ShowcaseMaker Space Flexible event & program space

Faculty based

CSE Venture SpaceArt & Design Maker SpacePeter Farrell CupThe Place (flipped classroom)bioMOD

Student Entrepreneur Development (SED)

Guide & connector to people, organisations & next steps

Student Entrepreneur Legal Centre (SELC)

Pro-bono legal service & introduction to triaged external providers

FounderLab

Product development service for selected entrepreneurs

MVP Grant Grants of $5 – 20k, no strings attached

Mentors for UNSW Entrepreneurs

160+ triaged startup and business mentorsAlumni entrepreneur breakfast group

Entrepreneur Ecosystem @ UNSW in 2015

UNSW Startup & SME Support

Startup & SME Incubation Beyond incubationfor early and later stage businesses

Connecting to people, organisations & next steps (on campus, in industry)

Connecting to people, organisations & next steps (on campus)

Best practice Lean LaunchPad guidance & mentoring

Connecting with academic domain expertise

Specialist support and advice: SELC, FounderLab, Pearson Lab

Specialist support and advice: SELC, FounderLab, Pearson Lab

Market reports & analysis Market reports & analysis

Media support & exposure Media support & exposure

Feeder to accelerators & incubators Concurrent & post accelerator support

Use of facilities and space on campus Use of facilities and space on campus

Student Entrepreneur Development (SED)

• SED is the guide & connector for UNSW entrepreneurs to people, organisations & next steps in their journeys

• Incubation of UNSW student and alumni led startups and small businesses• Facilitating university wide support for more mature businesses • 400+ startup and small business teams supported since launch in 2012• 3 fulltime staff with both startup and pastoral support experience• Leveraging hundreds of UNSW Innovations industry contacts and commercialisation experience

built up since 1959

14 Stages of Entrepreneur Development

1. Lean canvas report /

ideation / stage & traction

2. Test value

proposition

3. Pitch training

4. Testing customers /

users

5. Legal

6. Test demand creation

7. Creating your MVP / Prototype

8. Mentors

9. Testing channels

10. Revenue

11. Market reports

12. Media

13. Cognitive Neuroscience

training

14. Key resources & partners

Student Entrepreneur Legal Centre (SELC)

• Professional career lawyers providing pro-bono legal advice and support to startup and small business teams triaged by the SED team

• A pathway to external law firms who also provide pro-bono services in specific areas of legal expertise

• A place for law students to learn on the job by supporting actual UNSW startups

Services provided by SELC include:• Company registration and management advice. • Intellectual property advice, including trade mark

and design registration.• Business structuring advice (shareholder

agreements etc).• Operational advice (standard terms and conditions,

services agreements).• Privacy advice.• Consumer law advice.• Negotiation assistance.• Other forms of corporate and commercial advice.• Referral to external services providers.

FounderLab FounderLab is the world’s first on-campus fully integrated startup program for student entrepreneurs

Product development lead services free of charge. Unlocking of entrepreneurial talent otherwise locked up by not having the ability to secure a technical co-founder alone, or the resources to pay for the technical development of their products and services.

A technical co-founder search support service. Students will benefit from a support service leveraging the UNSW networks to identify and bring a technical co-founder on board during this very early stage which is critical to ensuring the success of a startup medium to long term.

MVP Fund

In product development, the minimum viable product (MVP) is the product with the highest return on investment versus risk - essentially a demo of the product, rather than a full fledged working model.

The MVP Fund provides no strings attached, small grants to early stage startups to develop their MVP.

Mentors for UNSW Entrepreneurs

• 160+ triaged mentors from a variety of industries and the startup ecosystem

• Volunteer mentoring for UNSW startups• Connected to UNSW startup teams via the

Student Entrepreneur Development team service

400+ UNSW teams supported

Summary

• More student and alumni startup & small business teams supported than any other Australian university

• Serving both early and later stage businesses pre + concurrent + post accelerator• Pioneer in world-first FounderLab model• Partner to MCIC: MCIC is a feeder of new business projects and SED refers teams in need of

extra-curricular training to MCIC• Sponsorship for programs has been attracted from industry: Shenzhen government, CBA,

Deloitte, Google, UpWork etc.• Over 160 triaged mentors from industry supporting the initiative• Examples of “winners” beginning to emerge (Forcite, GAMURS, WattBlock, Premonition)

student.entrepreneurship@unsw.edu.auhttp://www.innovations.unsw.edu.au/student-entrepreneurship