map15 application workshop rohan workman
TRANSCRIPT
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