Regular bootcamps are run throughout the year for all ilab participants, scheduled and tailored according to the various Program start/end dates and objectives. Bootcamps consist of a combination of plenary sessions, guest lectures, team meetings, senior advisor consultations and project or business development tasks. Bootcamps are intensive and a mandatory requirement for all ilab residents.
Bootcamps are fully subsidised by ilab for ilab residents and are conducted by ilab management, UniQuest domain experts, ilab mentors and both local and international guest speakers.
A general bootcamp week will look something like this:
A number of guest speaker sessions will also be made available to the general public and broader entrepreneurial community at a small cost.
Bootcamp subject matter might include any or all of the following topics dependent on the audience:
- Creative thought and risk
- Formulating a business idea
- Market research and validation
- Project planning tools
- IP management
- Developing a set of milestones for gauging progress and success/fail
- Scoping the job – tech spec, functional spec
- Analysing customer behaviour and formulating appropriate user data and trends
- Acquiring users/customers
- Networking skills
- Budgeting
- Establishing a business
- Legal requirements
- Financial planning
- Marketing mix
- Sales tactics – SPIN, pipeline selling
- Presentation skills
- Developing mental resilience
- Building a business plan
- Sources of capital – revenues, grants, angels, VCs, strategic investors etc
- Identifying key growth and success requirements
- Partnering for growth
- Developing personal skillset
- Due diligence preparation
- Term sheets
- Acquisition strategies for founders
- Transitioning overseas – setting up subsidiaries
- Succession planning
- Relocation for founders or leadership team