{"id":43883,"date":"2023-10-20T15:31:51","date_gmt":"2023-10-20T15:31:51","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/brisbane-accelerator-program-to-give-help-and-20000-to-five-startups-startupsmart\/"},"modified":"2023-10-20T15:31:51","modified_gmt":"2023-10-20T15:31:51","slug":"brisbane-accelerator-program-to-give-help-and-20000-to-five-startups-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/brisbane-accelerator-program-to-give-help-and-20000-to-five-startups-startupsmart\/","title":{"rendered":"Brisbane accelerator program to give help and $20,000 to five startups – StartupSmart"},"content":{"rendered":"
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River City Labs is partnering with muru-D to launch its first accelerator program, and there\u2019s $20,000 on offer for five Brisbane startups.<\/p>\n

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Kicking off in September, the accelerator program will offer a combination of seed funding, co-working space, mentoring, training and access to global networks.<\/p>\n

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Five tech startups will be selected to take part in the program, with each receiving $20,000 in funding in exchange for 3% equity.<\/p>\n

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The program will be a partnership between the startup hub and muru-D, a Telstra-backed global accelerator, with each contributing half of the funding.<\/p>\n

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River City Labs general manager Peta Ellis says the collaboration is the right fit.<\/p>\n

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\u201cIt allows us to tap into their experience and resources that they\u2019ve already established,\u201d Ellis says.<\/p>\n

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\u201cWe\u2019re working alongside a company that\u2019s done this before, and we have our local expertise and established community in Brisbane.\u201d<\/p>\n

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On the hunt for early-stage tech startups<\/b><\/h2>\n

It\u2019s the first time the River City Labs has run a program like this, and they\u2019re on the hunt for digital-based startups that are less than two years old.<\/p>\n

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\u201cWe\u2019re looking for startups past that ideas stage, that are looking to accelerate through mentoring and to scale globally,\u201d Ellis says.<\/p>\n

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\u201cThe teams need to have a good structure internally and be 100% committed to their ideas.<\/p>\n

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\u201cThey need to be willing to go through the process and get mentoring, and be prepared to move and pivot, if need be, to enable the company to grow.\u201d<\/p>\n

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Co-founder of Silicon Lakes and investor in 14 startups Aaron Birkby will be an entrepreneur-in-residence during the program.<\/p>\n

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He hopes it will showcase the talent on offer in Brisbane to the world.<\/p>\n

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\u201cRiver City Labs\u2019 partnership with muru-D is a major win for local startups and a great endorsement of our growing ecosystem,\u201d Birkby says.<\/p>\n

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\u201cWe\u2019re looking forward to uncovering some world-class talent and finding the very best digital startups to fast-track through this intensive program.\u201d<\/p>\n

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A chance for regional Queensland<\/b><\/h2>\n

In the lead up to the accelerator, River City Labs will be hosting roadshows in regional Queensland to encourage entrepreneurs that aren\u2019t based in Brisbane to apply.<\/p>\n

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\u201cWe\u2019re definitely keen to engage the regional areas,\u201d Ellis says.<\/p>\n

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They will eventually look to run the program twice a year, Ellis says, and hope it will encourage budding entrepreneurs in Queensland and Australia to truly engage with the startup world and turn their ideas into commercial businesses.<\/p>\n

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\u201cWe need more people backing themselves and giving their ideas a go,\u201d she says.<\/p>\n

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\u201cIt\u2019s not about the amount of programs, it\u2019s about people being willing to commit to ideas and give 100%.\u201d<\/p>\n

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Applications for the River City Labs accelerator program are open now, and will close on 31 August.<\/p>\n

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Raising your<\/i> first round of capital<\/i><\/a>? Starting a<\/i> crowdfunding campaign<\/i><\/a>? Want to grow your business<\/i> with Instagram?<\/i><\/a> StartupSmart School can help.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

River City Labs is partnering with muru-D to launch its first accelerator program, and there\u2019s $20,000 on offer for five<\/p>\n","protected":false},"author":1,"featured_media":59565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,27,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43883"}],"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=43883"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59565"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}