muru-D Singapore | Mentors, Investors & Partners Info Session

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start-up seed accelerator powered by Tels

Transcript of muru-D Singapore | Mentors, Investors & Partners Info Session

A start-up seed accelerator powered by Telstra.

About muru-D1

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What is Telstra?

• Telstra is Australia’s leading telecommunications services provider

• We are valued at c$80Bn, putting us within the top ten Telco’s globally

What is muru-D?

• muru-D is a start-up accelerator which is supported by Telstra with branches in Sydney and Singapore and partnership with The Icehouse in NZ

• We have been operating since 2013 and have more than 20 early stage technology businesses within the alumni

• We have over 100+ mentors who are serial entrepreneurs, angel investors and corporate executives.

“We strongly believe the accelerator model is the best way to help high impact tech startups mature in the shortest possible time.

It is strategic that Telstra is investing valuable corporate resources to support muru-D’s expansion, leveraging business and innovation opportunities throughout Singapore, as it continues on its journey to become a truly Smart Nation,” Dr Alex Lin, Head of Infocomm Investments

1 “muru” is an aboriginal word meaning “road to / journey to...” “D” denotes “digital”

The Accelerator Program

• Applicants apply online

• Up to 10 companies selected

• $40k investment for 6% equity

• 6-month program based in Amoy Street, Singapore

• Superfast internet and partner ‘perks’

• Mentoring and support

• Connections to corporate channel partners

• A guided trip to one of the worlds leading technology / start-up locations with introductions and the ability to pitch to global players

muru-D Program Details

Selection Process

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We are looking for mentors to help us select the best start-ups!

Online applications

Skype/Office Interviews

Two Day Bootcamp

Final Pitch Day

AugustJulyNow

Program and mentoring begin in September!

mid-August

Help us review and provide feedback on applications as we

receive them.

The Top 40 startups are shortlisted for interviews by the

muru-D team.

Celebrate with us and find out which 10

startups got selected into the program at

Final Pitch Day!

Come and mentor our Top 20 startups at the bootcamp and provide

feedback on their pitches.

muru-D Alumni

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Class #1 Scorecard

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Our Class #1 Alumni have achieved the below results so far:

9 Alumni Teams

6 International market expansion

$3.7m AUDRaised

21 FT20 PT $1.7m Total turnover

to date

Class #2 Scorecard

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Our recent class #2 alumni graduated last Thursday, their results so far:

6 w/ International customers

100% Paying customers

11 Teams started 220+ Mentors +

Experts10Teams completed

2 Teams closedAngel Round

Mentoring at muru-D

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Why you should mentor?

• Gain insights from being in an innovative ‘melting pot’ environment

• Networking opportunities with serial entrepreneurs, corporate execs, super angels and VCs

• Better deal flow for mentor-angel investors

What does mentoring involve?

• Advisory Workshops

• Masterclasses

• Office Hours

• ‘Exchange’ Mailing List

• Muru-D events including exclusive mentor-only events

• Ad-hoc coffee catchup

Matt Barrie (Freelancer)

Phil Morle (Pollenizer)

Chris Gabriel (Alive,)

Melissa Widner (Seapoint Ventures)

Deeps De Silva (Dropbox)

Andrew Birt (former Lifx)

100+ mentors

Perks Program Partnerships

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Why you should get involved:

• Our startups use / integrate your products

• Test latest product offering with early adopters

• Get featured on the muru-D perks page

• Get invitations to our “sold-out” events

• Be part of the muru-D and start-up communities

What is expected?

• Free subscription / discounts on products and/or services (usually 12 months)

• Technical support such as workshops and office hours

• Requests to participate at start-up events as speakers

Investors

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Angel Investors

• The easiest way is to be part of our mentor network and get asked to be an advisor by our startups!

• $5k Advisory Investment Program – an initiative where advisors can invest at the same rate as muru-D in first 3 months during the program2

• Active angels continue do follow-on funding as they get to spend 6 months with the founders and watch them grow

VCs

• Attend our investor networking events or do office hours with our startups

• Many of our startups receive funding before demo night – don’t wait, get in quick and connect with us

• There are also opportunities to invest in our alumni when they raise future rounds

27 Advisors invested

Class #2 $5K Advisory

Investment Program

2 Each muru-D startup is required to have at least one advisor invest at the $5k rate by their mid-point milestone.

Questions?

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Joseph K. ZieglerPresenter

e: [email protected] me a tweet: @jiyosub