THE GENERATOR’S ACCELERATOR PROGRAM IS AN EIGHT-WEEK INTENSIVE TO ACCELERATE THE GROWTH AND IMPACT OF YOUR STARTUP.
Once a year we provide up to $20,000 funding, dedicated co-working space and tailored mentoring for up to 10 early stage startups, researchers or social enterprises affiliated with Monash. We take no equity in the startups that come through the program.
This program is intensive and focused on helping startups to gain early traction. Successful startups are based in the Generator’s dedicated co-working space located at Monash University Clayton Campus, alongside the Generator team and in-house Entrepreneur-in-Residence. As a Founder on the program, you’ll have access to some of the best mentors in the ecosystem who have founded and scaled startups, and support from professional services including law firms, accountants, creative agencies and technology platforms.
The program culminates in a showcase, a public event where startups pitch to a diverse crowd.
2020 program will open on 22 June.
WHAT YOU'LL GET OUT OF IT
MEET YOUR EXPERTS
|Head of Startup Programs||Entrepreneur-in-Residence||Professional Services|
Megan Flamer will facilitate your journey through the program and keep you on track.
You will be coached by an experienced EiR for the duration of the program.
Have access to legal and accounting experts throughout the program.
WHO ARE WE LOOKING FOR?
To apply to the Generator’s Accelerator Program, at least one (1) founder* of your startup team must be one of the following:
- A currently enrolled student at Monash University
- A current researcher of staff member at Monash University
- An alumnus of Monash University
*We define a founder as someone with minimum 10% equity in the startup. The rest of your team can be composed of whoever makes sense and do not need have an affiliation to Monash University.
In addition to this, your startup company must have, or is able to obtain an Australian Business Number (ABN) prior to the start of the program.
You and your team must also be in a position to attend all core components of the program between August and October. We try to keep these to a minimum and all are designed to benefit your business.
IDEAS AND FOUNDERS
The Generator will fund up to 10 high-potential startup teams in the 2020 program, which includes both early-stage and later-stage startups, that help to solve a problem with a scalable solution.
Applicants will ideally have:
- Already launched and have users and/or early stage customers
- Defined the problem they are trying to solve
- How they are going to solve this problem
- Identified who their customers are, potential market and competitors in the space
- A complementary team to help achieve their vision
- A plan about what they want to achieve over the three months of the program
- Passion and commitment to making their idea successful
The Accelerator runs once a year from August to October and teams are selected via a competitive application process. The application process involves a number of stages, with each stage judged by the Generator team as well as mentors, advisors and experts involved in the program.
Monday 22 June 2020
|Sunday 2 July 2020 11.59pm||Applications close|
|Friday 24 July||Successful teams notified|
|Monday 31 August||Program Commences|
Friday 23 October
SO HOW DO I APPLY?
Applications will open late June. Applications will involve:
- Round one: online application form plus a 1-minute video.
- Round two: detailed form completed by each founder.
- Round three: interviews.
Still have questions?
Find some frequently asked questions below about the Accelerator Program. If you still have questions, feel free to book an Office Hours chat with one of the Generator Team.