MAP20 September Community Update

Get the latest updates from MAP as our 2020 cohort continues their five-month journey at Australia’s leading University Startup Accelerator.

Identical twins Iain and Tim Stewart from Exergenics. Read on to see their update!

Accelerator Program Update

This month was all about Impact & Investment as the teams went introspective about their social impact, company culture and impact leadership approach.

As restrictions are loosened, the cohort has created a way to keep connected and facilitate that human to human interaction.

All About Impact

Becky and Simon Smallchua from Harvey explain how the company helps conscious businesses grow.

The founders also took the opportunity to engage with impact investors Alex Oppes & Tim Pullen from Social Ventures Australia, Laura Scott from Save the Children and Adam Milgrom & Charlie MacDonald from Giant Leap Fund as well as investors Maxine Lee from Skalata Ventures and Paul Naphtali from Rampersand during Investor Drop In appointments.

Pitching & Investment

Max Mito, Co-Founder of Strong Room, pitching at the MAP Launch

They spent time refining their financial modelling with wealth management specialist Matt Fish, CEO & Co-Founder, FirstStep (MAP17). They also had a Venture 101 session with our resident Silicon Valley Mentor, Mark B Johnson, Advisor, Board Member & Executive Coach, getting into the details and preparation required for fundraising.

September Special Events

Successful entrepreneur, coach, and angel investor Alan Jones

This month we had a stellar Fireside Chat with Alan Jones, startup founder coach and tech startup angel investor. As an early investor in Australian tech startup venture funds Pollenizer, Startmate and Blackbird Ventures, Alan shared the importance of putting your ideas and products out there rather than being in ‘stealth mode’, a useful tip to help our founders avoid imposter syndrome.

Kaley Chu, Founder of 100 Lunches

We also held a virtual R U OK? Day morning tea and speed networking session, co-hosted by one of our Velocity20 Founders, Kaley Chu who shared how 100 lunches with strangers changed her life from a shy immigrant girl to a successful ‘People Connector’. Kaley shared how she was able to grow her confidence and transform her life through the simple act of having lunch with a stranger. We also heard from Melbourne Edge Co-Founder and well-being mentor Valerie Judge on how to stay mentally healthy. You can read about Kaley and 100 lunches here.

Velocity Program Update

Velocity founder Chris Hoang, speaking on Ticker Innovates with Scott Kilmartin. Watch the video here

We are now almost halfway through the Velocity20 Program and our founders have spent time focussing on the basics including identifying their goals, who their customers are (and how to reach them), and refining their MVPs.

Velocity founder Mick Tonini of Staybl’s handsome greyhound Lenny

The founders have made stellar progress having refined their business model canvases, identified 671 hypotheses to test, and conducted over 80 customer validation interviews. They have also participated in over 76 mentor engagements to help them on their journey.

If you think this is impressive, you can learn more about the MAP20 Velocity Cohort here.

The MAP Jobs Board

MAP is thrilled to announce that after supporting more than 150 startups (who have created more than 1400 jobs) we are releasing the MAP Jobs Board

This new initiative has been made possible by partnering with the MAP alumni-led venture, Startup Galaxy. Startup Galaxy is a directory of startups, investors, accelerators, and startup jobs. They are the platform behind the MAP Jobs Board and are a one-stop-shop for your Australian startup research needs. If you run a startup, be sure to head over and update your profile.

MAP Alumni Updates

Smileyscope (MAP17)

Smileyscope has won the Good Design Award for 2020 in the Product Medical and Scientific Category. You can read about it here

Allume Energy (MAP 16)

Congratulations to Allume Energy who have been shortlisted for SolarPower Europe’s Solar & Storage Start-Up award!

Reflive (MAP 17)

Reflive are expanding into the UK with the North Riding FA, allowing Referee Managers, Assessors and Referees to have access to their technology to provide real time performance and wellbeing feedback.

Acusensus (MAP 18)

Acusensus (and their Indian partner Ador) have been awarded a contract with the Tamil Nadu Road Development Corporation for the model safety corridor on the East Coast road (linking Chennai to Mahabalipuram) marking another opportunity to work with local authorities in an international jurisdiction.

Umps Health (MAP 17)

Umps is looking for a Hardware Engineer to join their team as they prepare to launch the next-generation of the Umps hardware platform.

You can check out more information on the LinkedIn job posting here.

Relectrify (MAP 15)

Relectrify has been chosen to participate in the Energy Spin Business Growth Program Fall 2020 — representing the only Australian startup to be selected!

Nura (MAP 15)

Nura has received recognition from Uprise as a Sleep Safe company for the company wide adoption and completion of the improving sleep challenge after participating in Sleep Awareness Week 2020.

Cohort Updates

Recovawear

If you are an investor interested in learning more about Recovawear please contact Penny here

Insight Infrastructure’s Underwater Robotic Technology

Insight Infrastructure Solution

Insight Infrastructure are looking for investment funding and are also hiring a Mechatronics engineer. Please contact Adam to discuss further.

Mobble

They are currently looking for a talented Golang Developer to join their Melbourne based start-up. If you are interested, please contact Jock.

Strong Room

Exergenics

Iain and Tim Stewart from Exergenics

EIR Updates

Jeremy Kraybill: Chief Entrepreneur-In-Residence and Co-Founder, Dashcord

JK has been heavily involved with MAP since year one, initially as a mentor, and more recently as our Chief Entrepreneur in Residence. From MAP, he runs Dashcord, a SaaS company that provides events and marketing communications software for Salesforce.com customers.

In the COVID era, Dashcord has seen significant adoption across governments in Australia at the state and federal level for COVID-related communication.

Since the lockdown, JK has taken on a number of hobby projects like couchmoney.tv (a movie recommender), couchmoneytrivia.tv (a “name that film” trivia game), and a number of creative AI projects.

What inspires you?

“I’m inspired by people doing what they want to do, regardless of what everybody else is doing. The thing I love about MAP is this is a place where the goal really is to help people achieve what they want to do without a preconceived notion of what success has to look like for any one person or startup.”

What’s the most exciting thing happening in tech right now?

“OpenAI is about to open up their ‘GPT-3’ AI to the world and the applications it’s getting integrated to are already pretty exciting. The next generation of AI tools is going to be the start of a massive shift. On a slightly longer timescale, I’m pretty excited about the future of brain-computer interfaces, there’s a lot happening beyond Neuralink which has a good chance of replacing mouse and keyboard.”

Phoebe Gardner: CEO & Co-Founder of Beyond Ag

Companies are paying to dump their food waste into landfills. Beyond Ag accepts food waste for half that price, then feeds it to black soldier fly larvae and produces high-quality insect protein and organic fertiliser. Global population growth and changing diets mean food production must double by 2050, but unsustainable practices already can’t scale to meet demand. Beyond Ag’s insect protein is a natural source of protein. Every tonne offsets 50 tonnes of CO2e emissions, equivalent to planting over 800 trees. Their organic fertiliser has double the plant nutrients and twenty times more microbial content than compost, making it easier to spread and better for crops.

Phoebe was awarded the Emerging Leader in Agriculture award by the Royal Agricultural Society of Victoria in 2019.

What inspires you?

“I’m inspired by climate action taking place around the world.”