Entrepreneurs unite at Sydney and Monash Universities to become the next INCUBATE success stories
Sydney, Australia – Monash and Sydney University entrepreneurs will work against the clock to build successful businesses this summer as part of the 14-week INCUBATE startup accelerator program, going on to showcase what could potentially become a multi-billion dollar business for the founders.
Heading into the third year of the program, standards are high; three program alumni are heading to the USA to pitch this week, achievements including a global user base of 75,000 people*, being featured at TedxSydney** and sparking global media interest and a pre-launch sell out of wearable-tech ‘unloseable sunnies’***
Monash University is part of the program for the first time. Being part of INCUBATE, (incubate.org.au) Monash will provide entrepreneurs on campus with funding, and a 14-week guided program of workshops and mentoring to set their business idea up for success. The program culminates in Demo Day where a full house of investors, industry leaders and the university community gather to hear the startups pitch.
“Monash is really excited to be a new partner in the INCUBATE program. We have some great entrepreneurial students and staff here at Monash and the INCUBATE program will be an opportunity for them to start putting their ideas into practice.” says Alastair Hick, Director, Commercialisation.
INCUBATE Program Manager, James Alexander, explains that not all students or graduates want to go into a graduate job when they finish university and part of INCUBATE’s success has been based on this realisation. “Starting your own or helping another young entrepreneur build a successful business can create so much value for our economy. We’re encouraging young entrepreneurs to start new global businesses here, in Australia.”
INCUBATE is also excited to announce that Paul Naphtali will be the In-House Mentor for INCUBATE Monash University.
Paul is an internationally experienced marketer for technology startups, with 15 years experience in Silicon Valley, Europe and Australia. Paul has helped develop some of the most successful technology startups including VP Global Marketing at Jajah (acquired by Telefonica), head of PR for Snaptu (acquired by Facebook), head of PR for TokBox (acquired by Telefónica) and now provides PR strategy and execution to a range of early and growth stage startups.
Startups interested in being part of the Monash INCUBATE intake have until Sunday 7 December to apply. INCUBATE is interested in hearing from universities interested in running the INCUBATE Program at their campus, and from companies interested in becoming Program Partners and sponsors in both Sydney and Melbourne.
More information: Monash applications
INCUBATE is open to all students and alumni of Monash University. Individual and group applications are encouraged. Terms and Conditions apply.
**trimphgel.com – Daily Telegraph: Sydney University PhD student Ali Fathi is changing the face of medicine with his new healing, injectable invention
***tzukuri.com – Forbes: Smart Earrings, Unloseable Sunglasses and Safety Jewelry – 3 Wearables To Know Now
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