MAP20 October Community Update

Our final update from our 2020 cohort! Learn about their final month in the 2020 program.

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Heath and Rebecca welcome MAP20 founder Jock on to the Red Carpet at Demo Day.

Accelerator Program Update

As such, we focused on post-program preparation as the teams began to look to the future and consider their growth strategies and team management.

Investment and Future Growth

In line with our commitment to social impact, the founders engaged with experts in the field; delving further into impact models and growth strategies with Abhilash Mudaliar from the Paul Ramsay Foundation. In addition to this, they learned the specifics on how to secure philanthropic and family office funding with Rachel English, Foundation Manager of Mutual Trust and Cathy Scalzo, CEO of Scalzo Family Office.

They also dug deeper into how to negotiate finance and exit terms with Mark Johnson, MAP’s Global Mentor, and MAP alumni Ed Hooper, Co-Founder of Omny and Phoebe Gardner, CEO & Co-Founder of BeyondAg.

As always, the MAP20 cohort also spent time learning about how to manage any post program stress during their final wellness session with Valerie Judge, Managing Director & Founder of Melbourne Social Work and Psychology Consultants.

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With the loosening of restrictions, the cohort were able to meet in person for a social picnic!

PR, Advocacy and Influence

October Special Events

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Aprill and Matt Allen of Pick & Shovel Ventures

We had a brilliant final ‘Fireside Chat’ for the program with entrepreneurial leaders and early-stage investors Aprill and Matt Allen of Pick & Shovel Ventures. Aprill and Matt both have significant careers and contributions to the startup community outside of their investment portfolio and the MAP20 founders loved hearing about their integrity led approach to early stage investing.

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Rachael Neumann

We held our final Mentor Dinner with Rachael Neumann, moderated by Prof. Colin McLeod, Executive Director of the Melbourne Entrepreneurial Centre. Rachael is currently focused on her role as founder of the recently launched angel group, Working Theory Angels, and is also strategic advisor and investor to a number of founders and their early stage companies. She has been sharing her passion for early stage investing through her lead instructor role in The Wade Insititute’s VC Catalyst program, and now, through Working Theory Angels. Rachael led a discussion about her journey utilised her many years of experience to address the many questions put to her by the MAP20 founders in a lively discussion.

Watch the MAP20 Demo Day Live Stream above!

Demo Day

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MAP20 Founders Rhianna & Adam are welcomed on the Red Carpet

The extension of Stage 4 lockdown meant that our founders had to come up with some creative ways of filming their Demo Day pitches and over 450 attendees tuned in to watch the live stream on Hopin and meet the founders in their Expo booths after the event.

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Left Picture: Team Timbuktu founder Rhianna’s A grade pitch recording home studio! Right Picture: The event had over 30 virtual alumni Expo booths and one booth for each of the 2020 founders

Velocity Program Update

The MAP20 Velocity Showcase is also fast approaching and the founders from 10 Velocity startups are getting ready to take the stage for their virtual pitch.

You can learn more about the MAP20 Velocity Cohort here

Cohort Updates

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Recovawear

Get in touch with Penny who is looking for introductions in the retail and medical space. You can also watch Recovawear’s Demo Day pitch here

Mobble

Check out Mobble’s Demo Day pitch here

Insight Infrastructure Solution

You can check out Insight Infrastructure’s Demo Day pitch here

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Team Timbuktu

You can check out Team Timbuktu’s Demo Day pitch here

MAP Alumni Updates

Acusensus’ ‘Heads-Up’ solution featured on Channel 7 news

Acusensus (MAP18)

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Navi Medical Technologies (MAP17)

You can read about it here

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Phoria (MAP14)

Learn more here

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BindiMaps (MAP19)

You can learn more about BindiMaps here

EIR Updates

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Simon Murphy: Founder and CEO of RefLIVE

Simon Murphy is the founder and CEO of Sports Technology company RefLIVE, a proud MAP17 alumni. RefLIVE tells the story behind the score and protects the integrity of sports. RefLIVE is used by sports organisations all over the world to improve the sideline environment.

What inspires you?

Sport is one of the best ways for people to connect and create memories. Ever since I was a kid my life revolved around sport, from sleeping in my favourite teams colours (which I may or may not still do) to dragging my parents out of bed early on the weekends to drive me to my games. I want to give everyone the opportunity to connect through sports, for parents to never miss a moment of their families games, for players of any age to have an amazing experience on and off the field and to create an inclusive environment at all matches. I’m inspired by the opportunity to have an impact on the next generation of kids and families to connect and create memories through sports.

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Jimmy Zhong: Founder of Syncio

Jimmy is the CEO and founder of Syncio, a collaborative commerce platform that is making virtual inventory shareable across websites. By democratising virtual inventory, Syncio enables endless collaborative selling opportunities for retailers and brands.

Syncio has grown to help over 4,500 businesses, helping sync over $1bn in GMV between online stores.Syncio was part of MAP18. Previous to Syncio, Jimmy co-founded Ethi, an ethical and sustainable lifestyle marketplace, and Akagu, a reverse auction marketplace for designer fashion. Before startups, Jimmy worked as a management consultant at a big four professional services firm for five years.

What inspires you?

Life is inspiring. Everyday, a tree grows a bit taller, a bird learns how to fly, and people pursue their vision, goals, and dreams. Understanding that challenges and suffering is part of life, and still giving it your all is inspiring. But more specifically, my biggest inspiration is my baby daughter — if you think startups move fast, they have nothing on how much a baby grows and learns, and how resilient they are facing such an explosion of new experiences and challenges that they must overcome, often with the cutest smile and laugh!

See you next month!

The MAP Team

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