Melbourne NEXT has just announced its upcoming launch next week, after securing the sponsorship of Google Australia. The incubator program will be five-week program featuring 10 startups, with a focus on customer discovery, idea development, fundability, pitching and launch strategies. Startups are expected to spend between 20 – 25 hours per week at Melbourne NEXT.
Other than Google Australia, Melbourne NEXT will also feature seven mentors:
The Google backed program is specifically created for pre-accelerator or early stage startup. This is the first time the international program has been run in Australia. Over 30,000 entrepreneurs have graduated from programs held in 25 countries. According to Leon Gouletsas, event coordinator and community manager of Google Developer Group,
“This program is designed to address that post-idea pain point for entrepreneurs. It can be quite challenging to work out how to get into accelerators or what you require for early stage launch. They need a bit more idea refinement and business model development. We saw that gap, and we’re really keen to up the maturity of the Melbourne start-up scene.”
The program will not be requesting or seeking equity commitments from the participating startups. Registration for the program costs A$99 (US$94) to A$199 (US$188).