2. Melbourne Accelerator Program
Support for entrepreneurs of all
MAP Startup Accelerator:
stages:
•$20,000
•Public Forums
•structured mentoring
•Master Class Series
•co-working space
•Startup Velocity
•Escape Velocity
Info Night - Tuesday 25 March – 6.30pm
Sidney Myer Asia Centre
3. Contents
1. What is a startup?
2. What is a startup ecosystem?
3. Life cycle of a startup
4. Types of funding
5. Accelerators
6. Angel networks
7. Venture capitalists
8. Crowd Funding
9. Co-working spaces
10. Government support
11. Not-for-profit support
12. Questions
4. What is a startup?
According to Dave McClure, a
'startup' is a company that is
confused about:
•what its product is;
•who its customers are; and
•how to make money.
As soon as it figures out all 3 things,
it ceases being a startup and
becomes a real business.
5. What is a startup ecosystem?
•
Entrepreneurs
•
Government
•
Universities
•
Investors
•
Mentors
•
Service Providers
•
Large companies
15. Funding – Crowd Funding
The practice of funding a project or
venture by raising many small
amounts of money from a large
number of people, typically via the
Internet.
16. Funding – Equity Crowd Funding
The practice of funding a
project or venture by raising
many small amounts of money
from a large number of people,
typically via the Internet.
19. Commercialisation Australia
•
Skills & Knowledge – up to $50k;
•
Experienced Executives to up to
$350k;
•
Proof of Concept - $50k to $250k;
•
Early Stage Commercialisation $50k to $2m
20. R&D Tax Incentive
The two core components are:
•
Minimum $20k
•a 45 per cent refundable tax offset
•
Basically 150% deduction
(equivalent to a 150 per cent
•
Lodge registration application
deduction) to eligible entities with an
with AusIndustry by 30 April
aggregated turnover of less than $20
2014.
million per annum
•a non-refundable 40 per cent tax
offset (equivalent to 133 per cent
deduction) to all other eligible
entities.
21. Business Victoria
•
TRIP – ICT ($2.5k to $10k);
•
TRIP – Biotechnology & Small
Technology;
•
Technology Voucher Program ($10k
to $50k);