The Melbourne Accelerator Program (MAP) is the 8th best university business accelerator in the world which aims to create a more entrepreneurial Australia and to launch high-growth ventures into the world.
Melbourne Accelerator Program (MAP)
The Melbourne Accelerator Program (MAP) is the preeminent entrepreneurship program in Australia.
Once a year, the Melbourne Accelerator Program Startup Accelerator funds a group of startups (currently 10 per intake) and work with them to grow their businesses.
Background
Originally founded in 2012 as a startup accelerator, the Melbourne Accelerator Program has since evolved into a centre of entrepreneurship that supports founders at all stages of their startup journey.
MAP fosters innovation and entrepreneurship in the startup community by connecting and up-skilling thousands of entrepreneurs through its talent development and accelerator programs. MAP provides the funding, networks and expertise to accelerate the growth of world-class business, bringing leaders, University of Melbourne alumni and investors to our door.
Objective
The Melbourne Accelerator Program (MAP) aims to create a more entrepreneurial Australia and our mission is to launch high-growth ventures into the world. MAP believes that innovative, scalable businesses will play a crucial role in driving prosperity for Australia in the years to come.
Funding
Top startups are awarded access into the Startup Accelerator. Startups are provided:
- $20,000 funding (no equity taken)
- Office space
- Structured mentoring
- Unparalleled networking opportunities
- Pitching opportunities across Melbourne, Sydney and Silicon Valley
Eligibility
MAP is industry-agnostic, meaning we accept applications from startups in all industries. To be eligible for MAP, you will need to qualify under at least one of the following criteria.
- University of Melbourne affiliation. One of your founding team must be a graduate, employee, or current student of the University of Melbourne.
- Social impact. If you’re a startup working on solving some of the most pressing problems in one of these areas:
- People and Place (Improving the lives of under-represented communities through equity, access or inclusion.)
- Health and Wellbeing (Innovations that improve health outcomes and the quality of care delivery.)
- Sustainability and Resilience (Innovations in energy, transport, urban infrastructure, and water or food security.)
Timing
Applications close 07 April 2019.