You have an idea, you have a team but you need seed capital, a mentor driven program and access to customers to turn your idea into a viable business. Our accelerator program is perfect for you.
The Slingshot Accelerator program provides you with seed capital, a 12 week mentor driven program and support to make your startup succeed. Here’s what you get:
- Seed investment and importantly the opportunity for second-round investment from the Slingshot Venture Fund
- Three month structured program that provides entrepreneurial education and support
- An additional three month incubation program focused on driving results
- An aligned corporate partner provides the opportunity to work with a large, engaged customer base who understands your market
- Coworking space, event participation,PR, marketing support, legal and financial advice
- The best mentors matched to you and your startup
- Backed by influential partners and sponsors
- Access to investors in Australia and overseas
- Support, access, infrastructure, belief and critical appraisal
The knowledge and skills required to build a global startup is broad and cuts across all business disciplines including marketing, finance, sales, operations, product development and accounting.
Entrepreneurs often learn far more from founding a successful business than from studying an MBA.
The Slingshot Accelerator program curriculum gives founders the specific information that they need at the time that they need it. Delivered in a practical format, the curriculum is acquired
as knowledge by participating founders as they apply it to their business.
This allows founders to learn through doing without the effort of memorisation and study, whilst simultaneously developing their businesses and creating shareholder value.
All Slingshot programs are more than here is some money and see you in 12 weeks. We teach you what you need to know to build a successful company. We show you how to do it by pairing you with the best mentors for your business
Case Study – Camplify
The Camplify team was successful in making the Jumpstart 2015 intake.
Justin Hales CEO of Camplify came up with the idea based on his experiences on family holidays as a child.
“My family and I used to go caravaning with my extended family every holidays. On a return trip we were ran off the road and decided to sell our caravan. We never had that type of holiday again. In October my wife asked me to see about hiring a caravan for the Christmas holidays but I couldn’t find any out there. I thought that with all the caravans sitting in people’s front yards, surely I can come up with a solution that solves both problems,” Hales said.
Camplify allows owners to list their caravans or other recreational vehicles for hire. Just like Airbnb, owners can then chat with potential users and pick which they’re comfortable lending their vehicle to. The platform, which charges a booking fee, estimates that a caravan would be hired for an average of 6 weeks per year, giving owners a spare $3500.
“When we started all we had was an idea. Over the past three months Slingshot has assisted us in validating that idea and developing a full business around it,” Hales said.
“The biggest challenge is educating the market in this type of disruptive business. Once people understand the idea they love it.”
While a number of owners may be wary of handing over something as expensive as a caravan or RV to a stranger for weeks at a time, many others would surely jump at the chance to make some extra cash for something that goes unused for most of the year. This, and encouraging users to make connections and share tips and advice on their holidays, can help Camplify build a devoted community.
The NRMA connection will also help – with the Jumpstart program promising its startups access to the NRMA’s member base if the product fits, Hales believes Camplify is well-positioned to make the most of the connection.
“The NRMA and caravaning go together like footy and a meat pie. We are the perfect new business to introduce to NRMA members and offer them an additional service,” he said.
Since the program Camplify has made strong progress with a strong capital raising under their belt the Camplify team is continuing is strong test and learn ethic. The NRMA relationship has continued to be strong with mutual benefit for both parties. Camplify has now built a strong base in Australia and are looking to ramp up global expansion soon
Courtesy of Startupdaily.net
“Camplify started as an idea and we knew we had to find the right people to work with. Slingshot for us was critical because they connected us with the right people from day one.
The program put us in contact with a corporate that we could work with. Partnering with a corporate is one way to make sure that you have a success right off the bat.
Without Slingshot there would be no Camplify”
Founder & CEO – Camplify
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