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FREQUENTLY ASKED QUESTIONS
12 WEEK FAST-TRACK PROGRAM
Our Fast-Track program is an intensive 12-week program comprising pitching workshops, mentoring, free legal advice and a pitch fest to investors at our Advance Innovation Summit in Silicon Valley in May 2012.
The program includes:
As part of the Fast Track program, each start-up will receive a total of nine weeks mentoring from an established Australian entrepreneur in Silicon Valley.
The timing and mode of mentoring will be agreed between the mentee and the mentor at the beginning of the program, and will be flexible to meet the needs of both parties. It will likely comprise a combination of online, skype and face-to-face mentoring in Australia and Silicon Valley (where possible).
Advance is able to offer mentoring, pitching workshops, legal advice, Summit participation and flights to selected start-ups for $2000.
However, companies are responsible for their own meals, and accommodation.
Advance mentors have been hand-selected to be part of our Innovation Program based on their experiences in commmercialising on the global stage.
If you are selected, Advance will use your application to carefully match you to an appropriate mentor based on your industry sector, required expertise, and objectives.
No. Advance carefully matches start-ups with appropriate mentors based on their industry sector, required expertise, and objectives.
No. The Advance Innovation Summit is an important part of the Fast-Track Program and a unique opportunity for start-ups to pitch directly to VCs and angel investors in Silicon Valley.
ADVANCE INNOVATION PROGRAM
Advance’s 50 for the Future Innovation Program is designed to provide the next generation of Australian innovators and entrepreneurs with the means to successfully navigate the realities of a global economy. Our ultimate goal is to accelerate the success of Australians and Australian companies, and grow the innovation community at home through our diaspora connections and opportunities abroad.
The Advance Innovation program is part of our broader vision to enhance Australia’s reputation as a country of world-class innovators and a rich source of investment opportunities.
Advance’s value is our ability to tap into our global network of experts who are motivated to help with the commercialisation process and are willing to invest time and share knowledge to help grow the next generation of Australian innovators and entrepreneurs.
In 2012, the Advance Innovation program creates a bridge between innovators and entrepreneurs in Australia and Silicon Valley, and provides tangible value to start-ups through tailored programs including Australian-based inspirational and educational workshops, international mentoring and a major Summit in Silicon Valley.
The Advance 50 for the Future are a group of overseas-based individuals who are dedicated to assisting Australian innovators, entrepreneurs and start-ups to commercialise and globalise. The Advance 50 of the Future will be selected by Advance and honored at our Silicon Valley Summit in May 2012 for their contributions to the commercialisation of Australian innovation.