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QUT bluebox Accelerator
QUT bluebox Accelerator

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What is the QUT bluebox Accelerator?

The QUT bluebox Accelerator is a three month intensive program aimed at getting you and your startup commercially ready. The program consists of education modules, mentorship from industry leaders, and office space for you to run your business. The program will take a select number of teams and ensure you are supported as you look to get into the market and grow your startup quickly. At the end of the Accelerator you have the opportunity to pitch in front of potential customers, partners and others in startup ecosystem that can provide support to help your idea come to fruition.

QUT Accelerator QUT Accelerator QUT Accelerator

What does the QUT bluebox Accelerator provide?

Early-stage companies and individuals looking to start businesses based on innovative ideas can apply for the Accelerator to receive:

Three months of intensive mentorship followed by 12 months of ongoing support
Startup education
Up to $25k per team*
Office space
Innovative supportive community

*Total funding of up to $15k per team depending on the type of innovation. All funding awarded progressively based on progress achieved. Please see full terms and conditions

Who can apply?

Entrants must be QUT student, staff or alumni who are looking to build a business based on an innovative and high growth idea.

Teams must include at least one (1) QUT student, staff or alumni as a co-founder.

Up to 10 teams will be chosen to take part in this opportunity. Launch your start.

Apply Now

General Note:When answering the questions below, please keep in mind that the assessors of your application know nothing about your business.

Make sure your answers are to the point, coherent, and easy to understand. Including a short video in your application is optional, however it’s highly recommended.

You can use a phone camera to shoot the video, we don’t care about production value, we just want to learn a bit more about you, your team, and your startup idea.

Application form questions:

2018 Finalists

Bertonni
QUT Accelerator
Bertonni creates employment for people experiencing or at risk of homelessness, through the design and manufacture of timeless and elegant porcelain homewares.
Participants: Mike Lepre
Gigshake
QUT Accelerator
Gigshake is a digital platform that seamlessly connects eager university students to career-relevant paid employment.
Participants: Chris Veraa
Cardlify
QUT Accelerator
Cardlify is a digital gift card solution and Software-as-a-Service marketing tool for businesses.
Participants: Mitchell Johnson and Nicholas Johnson
Tokens for Humanity
QUT Accelerator
Tokes for Humanity is a charity working on more efficient fundraising, and governance applications of blockchain technology specifically for the not-for-profit sector.
Participants: Frederick Brien and Bryce Thomas
Digital Surge
QUT Accelerator
Digital Surge is a cryptocurrency exchange platform, specialising in bitcoin trading that is accessible to all Australians.
Participants: Josh Lehman and Dan Rutter
Excise Cloud
QUT Accelerator
Excise Cloud is a cloud service for small-to-medium sized breweries that works to self-manage their alcohol excise duty within minutes.
Participants: Bobby Garrett and Jeff Frampton
Vanguard Defence Systems
QUT Accelerator
Vanguard Defence Systems is a defence research and development startup, focusing on creating technology to improve defence force capabilities.
Participants: Damen Cody
SensaWeb
QUT Accelerator
Provides real-time environmental monitoring solution, with the initial focus on radiation area monitoring.
Participants: Darren Oliver

Key Dates

Applications open: Monday 15 October 2018

Key Dates

Applications open: Monday 15 October 2018

Applications close: Friday 09 November 2018

Teams Notified: Wednesday 14 November 2018

Initiation Weekend: | November

Key Lecture 1: Pitching 101 Time Management | 6 December

Key Lecture 2: Cold Calling | 13 December

Key Lecture 3: Design Thinking | 20 December

Event: Network Activity 10 January

Key Lecture 4 : Sales | 17 January 2019

Key Lecture 5 : Legals for Startups | 31 January 2019

Event: Pitching/Social event | 7 February

Key Lecture 6: Grants Session | 14 February

Key Lecture 7: R&D Incentives | 21 February

Key Lecture 8: Investment panel + Being investment ready | 28 February

Demo day: | Wednesday 7 March 2019

Got Questions?

Contact Us!

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We are available in P block room 402 (next to the CUBE) Gardens Point.


startup@qutbluebox.com.au

QUT bluebox Accelerator FAQ

ABOUT THE ACCELERATOR

  • What is the QUT bluebox Accelerator?
  • The QUT Accelerator is a three month intensive startup development program designed to assist new ventures to accelerating their development towards commercial viability.
  • What is the QUT bluebox Accelerator
  • The QUT Accelerator is a three month intensive startup development program designed to assist new ventures to accelerating their development towards commercial viability.

WHAT DOES THE ACCELERATOR INVOLVE?

  • What does the Accelerator involve?
  • The accelerator program involves working on your startup idea over a three month period, including participating in educational sessions, mentoring and a program ending Demo Day. The program is designed to be flexible so that teams can commit full time, or part time based on other commitments, however funding is contingent upon teams achieving reasonable levels of progress throughout the program.

    The program is non-residential, although there are a limited number of sessions that are compulsory to attend throughout the program.

  • Where will the Accelerator program be held?
  • The program will be conducted at QUT Gardens Point.
  • What does the program provide my startup?
  • Mentors

    We provide access to guidance and mentorship from QUT bluebox and industry leading experts. Their role is to support and challenge your team and you will be matched based on personality fit and development needs.

    Funding

    Start-ups receive a minimum of $12,500 of funding to participate in the program. QUT bluebox takes a 1% stake in your company for every $5,000 provided under the program.

    Education

    The Accelerator will provide practical training on problem and customer identification and how to go about developing a solution for those problems. This part of the program will be delivered by experienced startup founders, QUT bluebox staff and industry experts.

WHAT IS EXPECTED OF ME?

  • What is expected of me?
  • As a member of the Accelerator, you will be expected to:

    • Attend scheduled education/workshop sessions and mentoring sessions,
    • Demonstrate regular progress in the development of your idea and your company,
    • Participate in the program ending Demo Day, showcasing your idea to the QUT ecosystem, investors and industry representatives,
    • Be a positive contributor to other teams and the program in general.
  • Do I need to quit my day job to participate in the accelerator?
  • It is not mandatory to be at the accelerator offices for the entire program; the team can choose to use the facilities or not. However, there will be certain mandatory discussions during the program which will require the team to be present. Start-ups who choose to work out of the accelerator office locations can use them 24x7 and have access to the foundry onsite amenities, which can includes wi-fi, co-working space and more.

TEAMS & REQUIREMENTS

  • What are you looking for in a team?
  • We are looking for teams that have the range of skills required to build a successful start-up and this includes relevant technical and business skills. Teams that benefit from accelerator programs also tend to be customer focussed and coachable. Entry is competitive in nature, so being able to express a strong value proposition through the application of an innovative idea (technology, product or service), with a strong team to take the idea to market will increase your chances of be awarded a place in the QUT Accelerator program.
  • I’m a solo founder. Can I get accepted into the Accelerator program, or do you only look for teams?
  • Sole founders have seldom been able to finish the program; teams have proved more effective and as such, we encourage teams and co-founders. We are looking for great, balanced teams who have a full range of skills. We strongly advise sole founders to seek co-founders to balance the skillset. For example, a strong developer may consider adding someone with business and/or marketing experience. Even a great businessperson with no developer is unlikely to be accepted into the program.
  • How many team places will be available in the program?
  • The program will admit up to 10 teams.
  • At what stage should the teams be?
  • Teams should have at least have a minimum viable product, or be able to express a strong value proposition that is based on discussions with real future customers. In other words, teams should have a well identified market problem and a concept which solves that problem.

SELECTION PROCESS

  • Teams will be selected based on entries provided.
  • Eligibility Criteria

    • Entrants must be working on a novel technology, business model, product or service aimed at solving a demonstrable market need.
    • Teams of two or more people with a good cross section of skills (business, marketing, product design, coding etc). At least one founding team member must be a QUT student, staff or alumnus.
    • Teams must attend sessions throughout the program at QUT Gardens Point.

    Application

    You apply through F6S; a link to the entry platform will be provided at https://www.f6s.com/qutblueboxsummer2017accelerator/apply. The questionnaire is designed to give us insight into the team and your idea.

    Deadline

    The deadline for application is 11.59pm AEST Friday 17 November 2017.

FINANCIALS & FUNDING

  • Does it cost to participate in the Accelerator?
  • No. Teams accepted
  • When will my team get the funds?
  • Funding will be granted progressively, with a first instalment in the first month of the program. Performance will be assessed by QUT bluebox at regular intervals, based on pre-determined performance criteria.
  • If I don’t form a successful company, do I have to pay the money back?
  • No. The funds are being provided to help new ventures develop their ideas and gain market traction.
  • What can I use the funds for?
  • The funds can be used for any reasonable expense associated with the development of your start-up. This includes paying yourself during the course of the Accelerator program to make time for the development of your concept/business.

OTHER QUESTIONS

  • What publicity requirements are there for the programme?
  • All teams should display the QUT bluebox logo on their company websites ‘about us’ page. QUT bluebox should be mentioned in any press releases or publicity during and up to 12-months after the programme i.e. “QUT bluebox Accelerator 2017 backed Company X signs $1,000,000 investment deal with huge Venture Capital company Y”.
  • What happens when the Accelerator program ends?
  • On the last day of the program, start-ups will be given the opportunity to pitch their idea and give a demo to prominent technology investors and leaders.
  • How can i stay updated about the QUT bluebox Accelerator?
  • Stay updated about the QUT blubeox Accelerator by joining our mailing list at https://www.qutbluebox.com.au/connect.
  • I still have questions about the QUT bluebox Accelerator
  • Please send additional questions to startup@qutbluebox.com.au.