Startup Accelerator: Selection Process

MAP Startup Accelerator

The Startup Accelerator is the pinnacle of the Melbourne Accelerator Program

Applications for MAP will open on March 15 2017.

Please subscribe to our newsletter and follow us on Facebook for updates on selection dates.

All applicants will need to be available for the selection dates stated below. The 10 successful startups will need to be available for the induction process and launch party.

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 are awarded access into the Startup Accelerator. Startups are provided:

  • $20,000 funding (no equity taken)
  • Office space
  • Structured mentoring
  • Unparalleled networking opportunities
  • Pitching opportunities in Australia and Silicon Valley

Our 24 alumni teams have raised over $17 million in funding, created more than 200 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 our participating 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 also note that we require one founder to work full-time in our workspace at Lab-14 (700 Swanston St) for the duration of the program (June-October 2017).

Startup Accelerator 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 inductions for the 10 selected teams.

MAP LAUNCH PARTY

31 May 2017 (TBC)

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

Resources

MAP16 Application Workshop Slides

MAP16 Application Workshop Video

Hypetap Pitch Deck

Parkhound Pitch Deck

Mobilkamu Pitch Deck

 

Stay in the loop