River City Labs Accelerator #BNE4

River City Labs Accelerator powered by muru-D

Connect by Apr 29 '18

Jun 18-Dec 14 '18 (6 months)

River City Labs - Level 3, 315 Brunswick Street, Fortitude Valley QLD 4006

Brisbane, Australia

Applications for our next cohort, #BNE4 open NOW: www.f6s.com/rivercitylabsacceleratorbne4/apply

The RCL Accelerator (powered by muru-D), is a Brisbane-based 6 Month intensive Accelerator proApplications for our next cohort, #BNE4 open NOW: www.f6s.com/rivercitylabsacceleratorbne4/apply

The RCL Accelerator (powered by muru-D), is a Brisbane-based 6 Month intensive Accelerator program for up to 12 startups with at least $60k seed funding.
Throughout the duration of the program you will be provided with free co-working space and membership at River City Labs for each team member, as well as access to mentoring, workshops and networking opportunities from some of the greatest entrepreneurial minds in the industry. Startups in the program also have the opportunity to attend a mission to San Francisco to be exposed to international markets and networking opportunities.
Also supplied to each cohort is an ever-growing list of negotiated deals for reduced rates for industry perks such as 99 designs, AWS, Google Cloud, Hubspot, Dropbox and many more.
For more details please see muru-d.com/location/brisbane/ more

Funds ^$60K per team

Takes 6% equity

Offers 2 Mentors

Funds 12 startups per year

Saving

Tell us about your Startup

Link your intro video (3 minutes max.) (show yourself in your natural environment & get us excited about your business)
Paste YouTube or Vimeo URL Link (ex. www.youtube.com/foo)
In 140 characters or less explain simply what your startup does. (shorter the better)
What is the big problem your startup is solving? (make us believe it's worth your effort + provide proof)
Why is now the right time for this? Explain the global trends that will strengthen you and weaken incumbents.
Why are YOU working on this problem? (why do you REALLY care?)
Why is this the best Accelerator for your startup to participate in? (no empty compliments just your reasoning for choosing us over many others)
What is your startups biggest achievement so far? (more specific the better, wow us with something tangible)
What are your 'big plans' for this business? eg. where do you see the business in 3 years?
What are you current and prospective target markets? Why? (+ do you have any predictable advantage there?)
What metrics/KPI's do you use to track your business success? (this helps us understand what really matters in your business)
What is your proof of traction? (share all relevant achieved to date: clients/users, revenue, commitments, pipeline value, ticket size per sale, NPS scores, churn, MoM growth, investments etc.)
Upload your slide deck (Max file size 30MB.) (max 10 slides)

Financials

What is your business's financial situation? (monthly burn + MRR + $$ in bank)
How do you generate revenue? (business model)
What is your customer/user LTV? (lifetime value; how much user/customer pays over time + how it builds up)
How much are you looking to raise in the next 12 months? + hoping to achieve what? expected terms? (be specific!)
Who do you want to raise from? (be specific: names, funds etc.)

Team Dynamics

Please provide a break down of your team members (role + LinkedIn link + start date) (role + LinkedIn link + start date) (role + LinkedIn link + start date)
What is the history between Founders? (projects, products built, relationship etc.)
Who will your next hires be and why? Be specific!
Please provide an example of how you have executed an idea in a fast-paced environment

Logistics

Where is your business based?
Is this business your full-time profession?
If accepted, will you be relocating to participate in this program? How many people from your team will show up?

Other

Anything else you think we should know?
Optional file upload (Max file size 30MB.)videos, demos etc.
How did you hear about this program?

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