{"id":44448,"date":"2023-10-20T15:36:02","date_gmt":"2023-10-20T15:36:02","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/one10-launches-two-new-startup-accelerator-programs-for-founders-with-a-difference-startupsmart\/"},"modified":"2023-10-20T15:36:02","modified_gmt":"2023-10-20T15:36:02","slug":"one10-launches-two-new-startup-accelerator-programs-for-founders-with-a-difference-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/one10-launches-two-new-startup-accelerator-programs-for-founders-with-a-difference-startupsmart\/","title":{"rendered":"One10 launches two new startup accelerator programs for founders with a difference – StartupSmart"},"content":{"rendered":"
\"One10<\/div>\n

One10 has launched two new startup accelerator programs worth up to $490,000 aiming to help purpose-driven entrepreneurs transform their ideas into reality.<\/p>\n

Forty hopefuls have already applied for a spot in One10’s Activate and Amplify programs, which kick off this September and cater to two different groups of early-stage startups.<\/p>\n

The selected participants will be tackling anything from climate change through to social services and health solutions, One10 CEO Veronica Munro says.<\/p>\n

\u201cWe\u2019re keeping it quite open,\u201d Munro tells StartupSmart. <\/em><\/p>\n

Munro has been working closely with One10 founder Geoff Gourley<\/a> and the team to bring the programs to life.<\/p>\n

\u201cWe are very client-focused and human centred and we bring in the commercial acumen to execute on these businesses,” she says.<\/p>\n

\u201cIt will be very collaborative.\u201d<\/p>\n

Activate<\/h3>\n

The Activate program, run in partnership with In Common, will focus on very early stage startups, giving up to 12 purpose-driven entrepreneurs a chance to bring ideas into the world using lean startup methods.<\/p>\n

\u201cIt will capture people at the idea-stage,\u201d Munro says.<\/p>\n

\u201cWe have so many people approach us with ideas who haven\u2019t proven there is a market for it.”<\/p>\n

Despite this, Munro says many of them have the perseverance and tenacity to see big ideas become a reality.<\/p>\n

\u201cI\u2019m excited to work with visionaries,” she says.<\/p>\n

With the Activate program, Munro says she will be looking closely at who the applicants are as entrepreneurs, especially those who have a personal story driving them to solve a particular issue.<\/p>\n

\u201cThe ideal person for the Activate program would be someone who is deeply connected to an issue that they want to solve,\u201d she says.<\/p>\n

\u201cIt\u2019s someone who has resilience, is not attached to their idea and is always open to learning and reiterating what they\u2019re learning.”<\/p>\n

This accelerator program will be delivered for $5000 per startup.<\/p>\n

Activate will start initially in Melbourne and Sydney but there are plans to offer it in Brisbane from next year.<\/p>\n

\u201cA lot of feedback that we got from other accelerator programs was they didn\u2019t quite like that they were in a group of startups at all different stages,\u201d Munro says.<\/p>\n

Amplify<\/h3>\n

To address this, One10\u2019s other program Amplify will cater to founders of startups with an already proven business model.<\/p>\n

Amplify will see five startups develop their \u201cgo-to-market strategy\u201d, become investment-ready and raise seed capital.<\/p>\n

The Amplify program will cost $25,000 per startup.<\/p>\n

The program will run in Melbourne this year and will open up in Sydney in early 2017.<\/p>\n

The decision to enter programs like these will boil down to the founder\u2019s confidence in their business model, execution and fundraising skills, One10 founder Geoff Gourley says in his blog.<\/p>\n

\u201cIf you have a credible story and your business is smoothly progressing on your own, you probably don\u2019t need to be part of one of these programs,\u201d he says.<\/p>\n

\u201cBut, if you need help fine tuning your business model or revenue model, or may be a first time CEO wanting to hone your skills from proven peers and entrepreneurs, then this type of program could be perfect for you.\u201d<\/p>\n

And while the application is long, it is worth it, Munro says.<\/p>\n

\u201cWhat counts is when we give you a phone call to see where you\u2019re at and where you want to go,\u201d she says.<\/p>\n

Follow StartupSmart on <\/em>Facebook,<\/em> Twitter, and <\/em>LinkedIn.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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