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Recommended reading before you apply! Slides from the Program Information Session, read this to learn what it takes to give your startup a better chance of being accepted in to the Program.
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Contents
Startup ContextWhat’s all the hype about? About the entrepreneur revolution.
01Our ProgramWhat is the INCUBATE accelerator and how it works
02Startup HighlightsAchievements of some of our startups
03
MentorsAchievements of some of our startups
04Red FlagsThings we look for in our startups and best practices for apply
06Panel DiscussionInteractive discussion with out alumni
07
The Dream-Team
James Alexander Program Manager
Jo Morrison ProjectManager
Shane Herft In-HouseMentor
Luca Monk Project Coordinator
"Someone, somewhere, is making a product that will make your product obsolete." - Georges Doriot
“Ideas are easy. Execution is everything. It takes a team to win.” - John Doerr
01 Startup Context
Encourage students to become creators of new products and employers in new industries.
“We should be creating cutting-edge companies that create cutting-edge jobs for Australia.” - Adir Shiffman
There’s never been a better time to be an entrepreneur.
01 Disruptors
Disruptor 1: Cost
1. COST
Disruptor 2: Technology
1. COST
Disruptor 3: Internet
1. COST
Disruptors
1. COST + 2. TECHNOLOGY + 3. INTERNET
= MASSIVE SCALE =MASSIVE IMPACT
100,000,000 users in 45 days
02 INCUBATE Accelerator Program
Purpose
Giving talented students, researchers and alumni the opportunity to realise a high-impact solution and bring this to the real world.
Achievements
Startup Accelerator
Program Overview
• 14 week extra curricular program
• Leading mentor program: Startup Board Meetings, Mentor Pairings and Drop-in Sessions
•Weekly updates and guidance
•Demo Day
Approach
•Month 1: Customers
•Month 2: Product
•Month 3: Business
• Last 2 Weeks: Pitch
Leading Mentor Network
•Over 80 mentors based locally and overseas
• Provide guidance, feedback and introductions
•Work across a variety of industries but all have startup related experience
• Potential investors and board members
•Applications open September 10, 2014 •Applications close October 24 @ 11:59pm •incubate.org.au/apply •Can apply to join a startup team
Important Dates
RED FLAGS
Remember, there are no deal breakers.
Your%team%is%big%and%top%heavy%without%clear%roles
Your%team%is%too%small
Waiting%to%get%in%to%start
No%builders%or%experts
No%plan%or%direction%for%what%to%achieve%%
Part<timers%%
Outsourcing%or%hiring%agencies%%%
Cool%ideas%with%no%customer%validation.%%
What makes a good application?
Tell us about your team and why you can execute on the idea
Tell us about what you’ve already done to execute
Show us that you’re solving a problem that doesn’t just exist in your head
Be aware of your shortcomings, and highlight actions for how you will resolve them
Communicate a suggested plan for what you want to achieve by demo day and in the future
Thank you incubate.org.au/inspiration