Startup Accelerator: Selection Process

MAP Startup Accelerator

The Startup Accelerator is the pinnacle of the Melbourne Accelerator Program

Applications for MAP Startup Accelerator are open 15 March – 17 April 2017.

**SUBMIT YOUR APPLICATION HERE**

Once a year, the MAP Startup Accelerator funds a group of startups (currently 10 per intake) and we work with them to grow their businesses.

Selected startups awarded access to the Startup Accelerator receive:

  • $20,000 funding (no equity taken)
  • Office space
  • Structured mentoring
  • Access to our global network of advisors, channel partners and investors

Our 34 alumni teams have raised over $27 million in funding, created more than 250 jobs and generated over $28 million in revenue.

MAP funds all kinds of startups across a broad range of categories.

 

In order to be eligible for the MAP Startup Accelerator, at least one founder needs to be a student, staff or alumni of any year from the following University of Melbourne faculties:

  • Melbourne School of Engineering;
  • Faculty of Business and Economics / Melbourne Business School;
  • Faculty of Arts;
  • Faculty of Medicine, Dentistry and Health Sciences;
  • Faculty of Architecture, Building and Planning;
  • Melbourne Law School;
  • Faculty of Science; or
  • Faculty of Victorian College of the Arts and Melbourne Conservatorium of Music.

Please note that we require one founder to work full-time in the MAP workspace for the duration of the program (June – October 2017).

All applicants will need to be available for the key selection dates outlined below. The 10 selected startups must also be available for the induction process and accelerator launch.

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Selection Process

ONLINE APPLICATION

(Video + Online Form)

15 March – 17 April (11.59pm) 2017

As a first step, you will submit an online application (including a pitch video). Your 3-minute video should outline:

  • The problem you are solving
  • Your solution
  • Market size and total addressable market
  • Your business model
  • Your traction and progress to date
  • Existing competitors (and how you’re better)
  • Your team

PITCH NIGHT

27 April 2017

Successful applicants will be invited to the Pitch Night and given 3 minutes to present their idea to the MAP mentors. There will be no Q&A during this time.

INTERVIEW WITH MAP

3 – 5 May 2017

Successful applicants from Pitch Night will be invited for an interview with the MAP team. Your interview will take place on any one of these three dates.

INTERVIEW WITH SELECTION PANEL

10 – 11 May 2017

Finally, teams who progress to this stage will present a 3-minute pitch and have a 12-minute Q&A with the MAP Selection Panel. Date TBC.

INDUCTION RETREAT (10 SELECTED STARTUPS)

22 – 23 May 2017

MAP17 startup accelerator welcome, briefing and official induction for the 10 selected teams. A must to attend for all selected teams.

MAP ACCELERATOR LAUNCH

31 May 2017

Get to know the top 10 teams of the MAP17 Startup Accelerator and watch them pitch at the MAP Accelerator Launch.

Resources

Sample Application Videos (MAP16 startups)
MAP16 Application Workshop Slides
MAP16 Application Workshop Video
Hypetap (MAP15) Pitch Deck
Parkhound (MAP15)Pitch Deck
Mobilkamu (MAP15) Pitch Deck

The Startup Accelerator is for you, if you are…

* An established startup with a track record (eg. Existing customers / partnerships / funding / impact / trials etc.)
* Refining a scalable and sustainable business model
* Building and testing your product / service for key markets
* Preparing for scale or fundraising
* Looking for access into a global network of mentors and channel partners

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