Incentivised social health platform Vimcore is one of three start-ups to be accepted into the new Venture Incubator Space at the University of New South Wales, along with Mijura and Shop2.<\/p>\n
<\/span><\/p>\n <\/p>\n Located in the university\u2019s School of Computer Science and Engineering, VIS will provide the student start-ups with the space and support they need to build their businesses.<\/p>\n <\/p>\n Earlier this month, the start-ups pitched their business plan in a 10 to 15-minute presentation to a panel including academics, the CSE business development officer, and industry representatives.<\/p>\n <\/p>\n The three start-ups chosen for the program are incentivised social health platform Vimcore, productivity software developer Mijura, and personalised shopping catalogue Shop2.<\/p>\n <\/p>\n All three will be offered a lease of up to 12 months, with a possibility of a six-month extension. The first six months of rent are free, with subsidised rates for the remaining period.<\/p>\n <\/p>\n In addition to access to an incubator space, including the free use of a desk, phone and internet, the start-ups can also turn to the university\u2019s resources for help.<\/p>\n <\/p>\n The program has also been set up so that students will retain ownership of any intellectual property they develop inside the space or as part of their business venture.<\/p>\n <\/p>\n Vimcore, founded by past and present UNSW students and their external partners, aims to make it attractive for companies to invest in their employees\u2019 health by promoting staff engagement.<\/p>\n <\/p>\n \u201cOur solution is an online incentivised platform \u2013 with a mission of motivating staff to improve their health and productivity together,\u201d Vimcore co-founder Tyler Evans says.<\/p>\n <\/p>\n \u201cWe want companies to see a real return on their investment.\u201d<\/p>\n <\/p>\n Alan Noble, director of engineering at Google Australia, and one of the judges on the panel, said he was \u201cpleasantly surprised\u201d by the quality of Vimcore\u2019s pitch.<\/p>\n <\/p>\n \u201cVimcore had interesting ideas that were sufficiently thought out to warrant participation,\u201d Noble said in a statement.<\/p>\n <\/p>\n Noble said it was promising to see universities such as UNSW establishing incubators in order to help transition students into start-ups, and it will be interesting to see how they evolve.<\/p>\n <\/p>\n According to CSE head Maurice Pagnucco, the start-ups that participate in VIS will be able to seek advice from academics at the university in addition to other students.<\/p>\n <\/b><\/p>\n \u201cThe university has this commercialisation arm called NewSouth Innovations and\u2026 they\u2019re a sort of a centre for innovation and entrepreneurship,\u201d Pagnucco told TechWorld Australia<\/i>.<\/p>\n <\/p>\n \u201cWe\u2019ve also been approached by a lot of start-up groups external to the university, willing to offer things like mentoring and getting students involved in other parts of activities.\u201d<\/p>\n <\/p>\n VIS will house four to eight student-run ventures. However, Pagnucco said that if the program proves successful, the university will look into expanding it.<\/p>\n","protected":false},"excerpt":{"rendered":" Incentivised social health platform Vimcore is one of three start-ups to be accepted into the new Venture Incubator Space at<\/p>\n","protected":false},"author":1,"featured_media":59984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43076"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43076"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59984"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}