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Demo Day – A celebration of student entrepreneurs

Demo Day for Class 8 – A celebration of student entrepreneurs

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Tradition met innovation as Class 8 startups pitched at the iconic MacLaurin Hall, one of the most treasured sites at Australia’s oldest university.

Class 8 was one of the most diverse to date, outperforming industry standards* with 53% female founders and representation from six nationalities. Startups can achieve a lot in 14 weeks. WipeHero, a waterless car washing app, booked $200k in sales during the program. Health Copilot introduced their weight management artificial intelligence, AIME – pseudonym for ‘AI for Me’, and already have over 200 users who’ve lost an average of seven kilograms.

In an ever-progressing world where future jobs lay in STEM, the nation faces a big problem with the decline in maths skills. Maths tutor Henry Kim tackles the issue head on with SeedTree, a maths tutoring platform helping young Australians learn at their own pace.

University of Sydney invests $1m into student entrepreneurship

Demo Day was also the platform for INCUBATE to announce their expansion plans. INCUBATE was founded by students at the University of Sydney Union in 2012, the additional university resourcing will enable its expansion. The University will provide a million dollars in funding over the next five years to increase the opportunities for entrepreneurs in the university community. This will include the development of pre-accelerator programs, increased places in the INCUBATE 14-week program and additional workshops and events.

“It sends a great signal to students, researchers and the broader entrepreneur community. We have big plans for the extra funding, and expect to significantly increase our scale and reach across campus over the coming years” said INCUBATE Program Manager, James Alexander.

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Lenovo Choice Award

Managing Director Matt Codrington was on hand to present the Lenovo Choice Award; $10,000 worth of hardware to support the progress of the winning startup WipeHero. Matt congratulated the team onstage saying “Although we were short of water in 2009, we’re not short of ideas”

Lenovo ANZ’s continuing support for the program has already provided each startup with the ThinkPad X1, and theYoga Tab 3 Pro, to jumpstart their journeys.

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The Road So Far

As usual, Demo Day included a few highlights of the notable alumni achievements over the past few months

  • $200,000 dollars raised in a seed funding for Uprise from Class 6
  • $25,000 grant and $75,000 investment received by Iridium Dynamics from Class 7
  • Sonder Design as the first Australian startup in Foxconn Accelerator
  • $1.3m grant from NSW Medical Device Fund towards Breathe Well, Class 4

Demo Day Tweets:









*Source: key statistics, women entrepreneurs in Australia, industry.nsw.gov.au

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