muru-D Singapore | Mentors, Investors & Partners Info Session
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Transcript of muru-D Singapore | Mentors, Investors & Partners Info Session
About muru-D1
PAGE 2
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
PAGE 4
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.
Class #1 Scorecard
PAGE 6
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
PAGE 7
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
PAGE 8
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
PAGE 9
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
PAGE 10
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.