A New Type of Accelerator
We are seeking high-growth ventures based on the following core technologies:
- Blockchain and distributed ledger
- Artificial Intelligence and Neural Networks
- Data analysis and storage
Founders must show a combination of commercial acumen, industry experience and the ability to scale their venture rapidly.
A first of its kind accelerator that focuses on ventures in the Blockchain, decentralized ledger, AI, neural networks and data analytics and management spaces.
Accelerate growth through industry knowledge, an audience first approach, partnerships and BlockToken’s startup fundamentals that focus on delivering to milestones.
Validate your product and concept through pilot testing, peer review and feedback with community collaborators.
Access investors, angels and syndicates throughout the course and on pitch days to get direct exposure in the competitive cap raising space.
Don’t give any equity away until you are ready to accept investors and then raise capital on your terms.
Develop your business model and roadmap to build a scalable and global venture and understand how to model your startup projections.
We have an audience first philosophy – learn growth hacking strategies, know your audience and understand how your business acquires customers and at what cost.
Connect with corporates and industry groups to grow partnerships for your venture that will drive strategic outcomes for your venture.
The Program runs over 12 weeks and includes intensive boot camps, ongoing sessions and pitch days. Sessions will cover core skills in further refining your business model, specialised information on emerging technologies and go to market execution.
- Regular tech, business and strategy sessions
- Online and face to face community
- Sponsored hosting partner credits
- Legal advisory and templates tailored for tech startups
- Customised advice and consulting for your venture
- Marketing tech and systems from our sponsoring partners
The Accelerator Program does not take any equity. There’s a $3,500 program fee per startup to cover the costs of running the program. We subsidize the majority of the program cost through our sponsors. This fee is usually tax-deductible (check with your tax advisor to confirm).
Types of Founders
The Program is open to a range of founders (from 1 to 4 founders) with differing experiences and backgrounds. We do look for founders that have industry experience or demonstrated commercial acumen.
Application to the program is competitive and based on:
- Complete an initial application (takes no more than 5-10 minutes)
- Send us your pitchdeck for an initial review
- First interview – tell us more about yourself and your vision (approx. 15 mins)
- Pitch nights – sessions to be announced
Successful applicants will be notified by email in February 2019.
Articulate the Opportunity
Your venture should:
- Help solve a clearly defined problem
Be a scalable solution – think global and business model
Will have a big impact on your target market
You will be required to develop your idea into a first-version product or platform, and obtain your first customers within the 3-month program period – all in time to pitch at our Demo Day.
You will ideally be able to define:
- The problem you are trying to solve,
The technology or process you will use to solve this problem,
Your target audience and how to acquire them,
The market size and competitors,
Go-to-market and roadmap for the program and beyond.
The Accelerator is designed to achieve a lot in a short amount of time. Core milestones will include:
Business Model: Clearly articulated business model, financial projections and cost drivers.
Unique Technology Case: Develop a clear implementation and use of either blockchain, AI or data technologies that will drive your business model.
Demo product: Develop demo product or platform that allows real customers to interact and transact with you.
Become a Sponsor or Mentor
Interested in joining and supporting Sydney’s first Blockchain / AI / Data accelerator program?
We work with a range of sponsors who wish to support and foster early stage ventures in blockchain, AI and data technologies. Sponsors will include service providers, consultants, VC investors and angel investors and mentors.
Sponsors get to work with leading edge ventures and founders to help them achieve their vision and in return get to access new technologies early and before competitors acquire or develop their own models.
Founders starting to build ventures in the blockchain, artificial intelligence, neural networks and data analytics and storage fields can apply to the program before we start to interview applicants in Feb 2019.