The Optus-Innov8 Seed Program Season 2 Info Session

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who, what, how and whatever else you want to know. @apglo - alfred lo @gekka01 - rebecca hay season 2 - january 2013

description

Who, what, how and whatever else you want to know.

Transcript of The Optus-Innov8 Seed Program Season 2 Info Session

Page 1: The Optus-Innov8 Seed Program Season 2 Info Session

who, what, how and whatever else you want to know.

@apglo - alfred lo@gekka01 - rebecca hayseason 2 - january 2013

Page 2: The Optus-Innov8 Seed Program Season 2 Info Session

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!

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