If you have a great idea, based on digital technology, and want to convert that to a validated, scalable early product in 3 months, then consider applying to ilab’s Geminate Program. It is competitive entry and the program is intense, but you will make huge strides in taking your idea into the real world. It does not matter if you are a student, already in the workforce, running your own business, a parent, or a grandparent. It is the idea, its opportunity and your dedication and ability to execute that counts.
Regional Queensland founders are also welcome. Digital innovation today is not geographically limited and ilab has some special opportunity to include regional founders in our Germinate program.
You will be applying for the 6th intake of ilab’s Germinate accelerator program, and if successful, will tap into a fantastic store of knowledge and people to really accelerate your progress. You will also be collaborating with a range of other ilab startups all building their startup at the same time and leveraging off each other’s progress and learnings. You will have weekly mentoring to guide your progress, regular workshops to up-skill in a topics such as marketing and sales, design, intellectual property issues, technology, legal agreements, investor expectations… You will also receive up to $20,000 in funding to make it all happen.
To get a sense of the program, the ilab Germinate 4 founders crew shared their thoughts here on youtube. Also, check out some of ilab’s Alumni startups to see some of the fantastic teams who have benefited from ilab’s past programs.
Another really exciting dimension is the $10m ilab Venture Fund currently being established. The goal of this fund is to make follow-on investments much more accessible to ilab startups.
In return for this intense investment in you as a startup, ilab will be granted an equity stake in your new company.
This is exciting time for ilab. Through our application process we get to see some wonderfully innovative thinking. This intake will be no different!