the optus-innov8 seed program season 2 info session
DESCRIPTION
Who, what, how and whatever else you want to know.TRANSCRIPT
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who, what, how and whatever else you want to know.
@apglo - alfred lo@gekka01 - rebecca hayseason 2 - january 2013
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We’re a collaboration between Optus & SingTel Innov8, bringing together funding and resources for Australian tech startups
About Us
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The inaugural Winter 2012 Seed Program
Winter 2012Seed Programthe shortlist
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Our first portfolio companies
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What does a startup get as part of the Program?
Up to $250k investment per startup
Co-working locations in Melbourne and Sydney
Faster access to market through proof of concepts
Mentorship from subject matter experts
Access to communications networks
Intangible non-financial benefits
Reach international investor networks
Access to SingTel Group’s 462M mobile subscribers
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Points to highlight
UP TO $250k INVESTMENT PER STARTUP
UP TO EIGHT STARTUP INVESTMENTS IN THE FIRST YEAR
FOCUS AREASMOBILITY
DIGITAL DISRUPTIONDIGITAL CONVERGENCE
JOINT INVESTMENT COMMITTEE
INVESTMENT FROM INNOV8
PREFERENCE FOR CO-INVESTMENT
WILL LEAD OR FOLLOW
BOARD OBSERVER RIGHTS
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“Season 2” Seed Program Process
Season 2launched
16 JAN
Shortlisted startups announced
20 FEB
Pitch Day at Optus Campus
Sydney
26 FEB
Season 2 applications close
4 FEB9PM AEDT
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Where applicants should be
GETTING EFFICIENT
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Five eligibility requirements
1. Be incorporated and based in Australia (with an ABN and registered for GST)
2. Be a globally scaleable digital / tech business3. Have an existing working prototype - customers better,
paying customers even better4. Have an established and dedicated team5. Have an investor presentation
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How we evaluate
✓ Problem / Solution Fit✓ Product / Market Fit✓ Business Model, Marketing Strategy & Traction✓ Founders✓ Funding✓ References✓ The Duck’s Nuts
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References instead of Referrals
How can Optus & the SingTel Group materially help your startup?
Online applications via F6S
Applications close 9pm AEDT Feb 4
Changes from last time
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Come visit us atoptusinnov8seed.com.au
Peter Huynh Alfred Lo Rebecca Hay
Thx!
lead principal principal principal