42

INCUBATE Accelerator Info Session (September 2014)

Embed Size (px)

DESCRIPTION

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.

Citation preview

Page 1: INCUBATE Accelerator Info Session (September 2014)
Page 2: INCUBATE Accelerator Info Session (September 2014)

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

Page 3: INCUBATE Accelerator Info Session (September 2014)

The Dream-Team

James Alexander Program Manager

Jo Morrison ProjectManager

Shane Herft In-HouseMentor

Luca Monk Project Coordinator

Page 4: INCUBATE Accelerator Info Session (September 2014)
Page 5: INCUBATE Accelerator Info Session (September 2014)

"Someone, somewhere, is making a product that will make your product obsolete." - Georges Doriot

Page 6: INCUBATE Accelerator Info Session (September 2014)
Page 7: INCUBATE Accelerator Info Session (September 2014)

“Ideas are easy. Execution is everything. It takes a team to win.” - John Doerr

Page 8: INCUBATE Accelerator Info Session (September 2014)

01 Startup Context

Page 9: INCUBATE Accelerator Info Session (September 2014)

Encourage students to become creators of new products and employers in new industries.

Page 10: INCUBATE Accelerator Info Session (September 2014)

“We should be creating cutting-edge companies that create cutting-edge jobs for Australia.” - Adir Shiffman

Page 11: INCUBATE Accelerator Info Session (September 2014)

There’s never been a better time to be an entrepreneur.

Page 12: INCUBATE Accelerator Info Session (September 2014)

01 Disruptors

Page 13: INCUBATE Accelerator Info Session (September 2014)
Page 14: INCUBATE Accelerator Info Session (September 2014)

Disruptor 1: Cost

1. COST

Page 15: INCUBATE Accelerator Info Session (September 2014)

Disruptor 2: Technology

1. COST

Page 16: INCUBATE Accelerator Info Session (September 2014)

Disruptor 3: Internet

1. COST

Page 17: INCUBATE Accelerator Info Session (September 2014)

Disruptors

1. COST + 2. TECHNOLOGY + 3. INTERNET

= MASSIVE SCALE =MASSIVE IMPACT

Page 18: INCUBATE Accelerator Info Session (September 2014)
Page 19: INCUBATE Accelerator Info Session (September 2014)
Page 20: INCUBATE Accelerator Info Session (September 2014)

100,000,000 users in 45 days

Page 21: INCUBATE Accelerator Info Session (September 2014)

02 INCUBATE Accelerator Program

Page 22: INCUBATE Accelerator Info Session (September 2014)

Purpose

Giving talented students, researchers and alumni the opportunity to realise a high-impact solution and bring this to the real world.

Page 23: INCUBATE Accelerator Info Session (September 2014)

Achievements

Page 24: INCUBATE Accelerator Info Session (September 2014)

Startup Accelerator

Page 25: INCUBATE Accelerator Info Session (September 2014)

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

Page 26: INCUBATE Accelerator Info Session (September 2014)

Approach

•Month 1: Customers

•Month 2: Product

•Month 3: Business

• Last 2 Weeks: Pitch

Page 27: INCUBATE Accelerator Info Session (September 2014)

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

Page 28: INCUBATE Accelerator Info Session (September 2014)

•Applications open September 10, 2014 •Applications close October 24 @ 11:59pm •incubate.org.au/apply •Can apply to join a startup team

Important Dates

Page 29: INCUBATE Accelerator Info Session (September 2014)

RED FLAGS

Page 30: INCUBATE Accelerator Info Session (September 2014)

Remember, there are no deal breakers.

Page 31: INCUBATE Accelerator Info Session (September 2014)

Your%team%is%big%and%top%heavy%without%clear%roles

Page 32: INCUBATE Accelerator Info Session (September 2014)

Your%team%is%too%small

Page 33: INCUBATE Accelerator Info Session (September 2014)

Waiting%to%get%in%to%start

Page 34: INCUBATE Accelerator Info Session (September 2014)

No%builders%or%experts

Page 35: INCUBATE Accelerator Info Session (September 2014)

No%plan%or%direction%for%what%to%achieve%%

Page 36: INCUBATE Accelerator Info Session (September 2014)

Part<timers%%

Page 37: INCUBATE Accelerator Info Session (September 2014)

Outsourcing%or%hiring%agencies%%%

Page 38: INCUBATE Accelerator Info Session (September 2014)

Cool%ideas%with%no%customer%validation.%%

Page 39: INCUBATE Accelerator Info Session (September 2014)

What makes a good application?

Page 40: INCUBATE Accelerator Info Session (September 2014)

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

Page 41: INCUBATE Accelerator Info Session (September 2014)
Page 42: INCUBATE Accelerator Info Session (September 2014)

Thank you incubate.org.au/inspiration