map15 application workshop rohan workman

M A P 1 5 A P P L I C AT I O N S E S S I O N

M A R C H 2 0 1 5

A G E N D A

• Rohan Workman

• Jeremy Kraybill

One founder must be a student, staff or alumni within 5 years of:

•  Melbourne School of Engineering;

•  Faculty of Business and Economics;

•  Faculty of Arts;

•  Faculty of Medicine, Dentistry and Health Sciences;

•  Faculty of Architecture, Building and Planning; or

•  Melbourne Law School

ELIGIBILITY

E L I G I B I L I T Y

• Connection to university

• One full time founder

•  8 startups

•  $20,000 funding

•  Office space

•  Mentoring

•  Sydney

•  Silicon Valley

MAP15 STARTUP ACCELERATOR

S H O U L D I A P P LY ?

• Yes

• Don’t need to be incorporated

• We have legal friends

Online Application (19 March-

19 April)

Pitch Night (29 April)

Interview with MAP

Team (7 May)

Interview with Selection

Panel (TBC)

SELECTION PROCESS

WHAT WE’RE LOOKING FOR

Team, Technology, Traction

S TA G E 1

• Online form + video pitch

• Video pitch is same as pitch night pitch

• Video quality does not need to be amazing (iPhone is fine)

S TA G E 2

• Pitch Night

• 3 minute pitch to room of MAP mentors

• PDF, Keynote or PowerPoint only

• No videos

S TA G E 3

• MAP team interview

• Selection panel interview

W H AT W I L L H E L P Y O U ?

• Succinct answers

• Answer the question

• No BS

• Read / watch the resources (provided later in this deck)

• Have a meeting with MAP

W H AT W O N ’ T H E L P Y O U … ?

• Writing an essay on the slide. It’s really annoying and distracts the audience from you. We have short attention spans. Have you been listening to anything I’ve been saying?

• Waffling

R E S O U R C E S

• MAP13 & MAP14 Launch Party - MAP YouTube channel

• MAP TV Series - MAP YouTube channel

• Ying Wang Blog Series (on MAP Blog)

• 20 min MAP team meetings - Friday 10 April

R E S O U R C E S

• If you don’t take advantage of the resources don’t expect to make the first cut.

W H AT W E E X P E C T T O S E E F R O M Y O U

1. Problem

2. Solution

3. Market Size

4. Team

5. Business Model

6. Traction

7. Competitors

8. Needs / MAP

Y O U R T I M I N G

• 22.50 seconds per slide for 8 slides

W H AT H A P P E N S I F Y O U M A K E I T ?

• Funding of $10k + $10k

• Advisory Board

• Sydney

• Silicon Valley

• Join the club

A P P E N D I X A - P I T C H R E S O U R C E S

• Google “TAM, SAM, SOM” - relates to market size

• Business Model - bottom up (not 2% of facebook)

• A new way to look at competitors - Steve Blank

• Startups HK - pitch club: The competition slide in your startup pitch deck