ON Accelerate is a structured, full-time sci-tech accelerator program that brings together the experience and expertise of established researchers, entrepreneurs and inspiring mentors. Through ON Accelerate we work with you to reach impact faster by focusing on the business model, finding funding for runway and getting out there to tell your story.
By providing you with the frameworks and coaching to help develop and test the best market fit of your ideas, position your IP in a value chain through practical engagement, and design business models that lead to long-term sustainable impact, you'll be able to better fast-track your thinking.
What does participating in ON Accelerate involve?
Participation in the program involves a 12-week commitment from participants, with approximately 30 per cent of the program delivered in face-to-face workshops.
ON Accelerate concludes in a public 'Demo Day' where each team in the cohort has the opportunity to showcase their ideas to industry and stakeholders – including multinational corporations, large Australian enterprises, SMEs, government, investors and universities.
All IP remains the property of the team or their sponsoring institute, and all participants in each accelerator are required to sign non-disclosure agreements for IP protection.
Following ON Accelerate, teams who demonstrate outstanding progress may be eligible for additional incubation funding from CSIRO or their sponsoring institute.
Each team successful in gaining a spot in ON Accelerate is provided with a $15,000 OPEX budget to assist them with participation in the program. An additional performance bonus of up to $10,000 is available for high performing teams at the midway point of ON Accelerate.
- Program commences: 16 January 2017, and will run for 12 weeks
- ON Accelerate3 Demo Day: 6 April 2017
Applications for the ON Accelerate4 will open in 2017. Register your interest below to keep up to date with when applications open.