Our program aims to take great ideas to a global market. We want startups that have global aspirations.
As part of a six-month program (12 weeks accelerator, 12 weeks incubation), you will gain accesOur program aims to take great ideas to a global market. We want startups that have global aspirations.
As part of a six-month program (12 weeks accelerator, 12 weeks incubation), you will gain access to a purpose built co-working space; our network of mentors, investors and partners.
You get the benefits of building lifetime connections with your fellow startups, whilst working with us to create an acceleration path that best suits the needs of your startup.
Pay it forward: As part of our program, we ask that our startups consider an amount - either dollars or equity - to contribute back to the program at the point where they exit or become profitable.
Runway exists to support startups on an ongoing basis and bring a broader economic benefit the region we operate in. In order to do this - and be sustainable, a key funding stream is the contribution our startups make back in to the Runway ecosystem. Effectively - "paying it forward" - to the next lot of startups that make it in to the Runway program. Should a start-up never exit or become profitable, there is no contribution required.
BOOTCAMP - 4 Days
Runway will select up to 15 teams for a 4 Day Bootcamp to assess the readiness of the start-ups. The Bootcamp will cover:
Validate your problem
- Assumptions versus hypothesis
- Create experiments and customer interview questions
- Interview customers
Validate your solution, MVP and what is your massive
Validate your unique value proposition and your UVP canvas
Validate your business model (lean) canvas
Review and adjust your pitch deck
ACCELERATORS 12 WEEKS
5 Teams will be selected out of the Bootcamp for the Accelerator Program.
1 on 1 coaching, mentoring and business support services
Welcome and orientation
Team structures, values and culture
Skills profiling and team skills
Storytelling, pitching and presenting
Financial modeling and information memorandums
Branding, marketing and social media
Selecting mentors and advisors
INCUBATOR 12 WEEKS
Work on your business
Business partner support
Coaching and mentoring support
Preparation for Capital Raisingmore
Funds up to $20K
Funds10 startupsper year
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