GRIFFIN Accelerator Interview Shortlist Selected

Congratulations to the shortlisted GRIFFIN Accelerator applicants,  you have made it through to the interview round and will be notified via email.

So what happens next?

Interviews will take place for all shortlist applicants on Tuesday the 3rd June, starting at11:00AM.  Expect to be there for up to 3 hours in total.  The location is the same as that used for the pre-program workshops:

  • NICTA, Ground Floor Seminar Room, 7 London Circuit Canberra (enter NICTA via the Xchange on London cafe, head towards the elevators at the back of the foyer and you’ll see a sign directing you to the seminar room).

We want to meet the whole team, so make sure everyone comes along to give you the best chance of being accepted into the program.  Know-one likes unknowns and not meeting your whole team is like betting on a mystery box.

The format of the day will be as follows:

  • Each team will pitch their business to the mentors for 5 minutes only (this is a strict time limit and you will be asked to stop at 5 minutes).  This will be followed by up to 10 minutes of open questions from the audience.  Be prepared!  We want you to articulate the problem or unmet need you are addressing, your understanding of the customer and market opportunity, your competitive advantage, what you have done to validate the market for your solution and why you are the best team to execute the business. Inspire us.

 

After the pitches and questions, the mentors will hold a closed session where they will rank the performance and content delivered by each team before deciding who has been successful.  We will notify you as soon as possible following our discussion.  Entry into the accelerator is still not guaranteed and successful teams will participate in final due diligence before starting the accelerator program in July.

This is an exciting time!  Good luck on Tuesday and bring your game face.

GRIFFIN accelerator applications close for 2014 – Next Steps

Thanks to all the GRIFFIN 2014 applicants – a great effort to get your submissions in on time! We had an impressive volume of quality applications, including a cohort of international hopefuls. The mentors will spend the next week reviewing each application in detail and will make the final short-list decision on Friday 30th May (in the afternoon). We will notify the short-list candidates on Friday night. If you were considered good enough to make the cut, you’ll will need to be ready to pitch on June 3rd (in the morning Australian Eastern Standard Time) to secure your place on the program.

Great work and good luck – The GRIFFIN Team.

Our partner ATPI Innovations is worlds best incubator

 

 ATP Innovations takes home top prizes at NBIA global awards in New Orleans

 

Leading technology business incubator ATP Innovations took top honours today at the NBIA awards in New Orleans, Louisiana, winning the prestigious 2014 Randall M. Whaley Incubator of the Year Award at the International Conference on Business Incubation. The National Business Incubation Association (NBIA) is the peak global body for business incubation and entrepreneurship with over 2200 members in over 60 countries.

 

ATP Innovations team 2014

The Sydney-based incubator was selected by industry peer professionals based on its overall excellence in delivering business building services and its successful track record of building high growth technology companies with global reach. It also took home the Dinah Adkins “Technology Focus” Incubator of the Year award.

 

Over 300 software, hardware and life science startups have been helped by ATP Innovations since 2000. Together, they have raised over $113 million in capital since 2006. Last year, ATP Innovations’ companies had combined revenue of over $45 million, half of which was export related. They raised $8 million in equity capital, hired 69 new employees, launched 80 products, and had seven patents granted.

 

Hamish Hawthorn, CEO of ATP Innovations, commented. “We are honoured to be the first Australian technology incubator to be recognised as the world’s best – it is a credit to both the hard work done by the team at ATP Innovations and recognition of the strength and significance of Australia’s startup ecosystem.”

 

“We owe our success to many factors – the support of our shareholder universities, the way the founders of the companies at ATP Innovations help each other, the experienced mentors helping our companies. Sharing the entrepreneurs’ journey and being part of their success is the best part of it.”

 

The awards recognised the on-going success of ATP Innovations in providing companies with assistance across a wide range of areas, including in negotiating technology licences, insight into government support and financial assistance, access to a strong network of investors and advisors, and strategic guidance. Seven ATP Innovations companies have gone on to sell their businesses since 2006, most recently Azalient which was acquired by Autodesk in December last year.

 

Two recent companies to benefit from ATP Innovations’ support include Clarity Pharmaceuticals and Elastagen:

 

  • Clarity Pharmaceuticals, founded in 2010, just closed a seed round of $1.1 million dominated by Sydney Angels to expand its international operations in the US, Europe and Asia. Clarity uses patented diagnostic and imaging technology, which can be used to “personalise” and increase the effectiveness of targeted antibodies-based therapies.

 

  • Elastagen is a clinical stage medical device company pioneering Elastatherapy™ using the human protein Elastin to naturally repair and augment the skin. Since Elastagen began operating in 2005, it has attracted $5 million syndicated venture capital investment, and $2 million of the recent NSW Government Medical Devices Fund.

 

Mr Hawthorn said: “In recent years we’ve undergone intense transformation to meet demand from Australia’s growing startup ecosystem – launching and supporting accelerator programs in parallel with our core incubator services.

 

“This award is a great endorsement of both ATP Innovations and Australia. It underlines the huge opportunity we have to capitalise on our human capital and strong research-base to create world-leading companies.”

 

– Ends –

 

About ATP Innovations

ATP Innovations is Australia’s leading technology business incubator. ATP Innovations accelerates the growth of technology companies that target global markets, by providing advice and guidance from seasoned entrepreneurs, access to investors, customers and domain specialists, and world-class infrastructure tailored to the needs of startup companies. The ATP Innovations Accelerator HUB is home to Startmate, Ignition Labs and university accelerator programs. ATP Innovations’ portfolio comprises over 65 companies from the software, hardware and life science sectors.

 

About NBIA

The National Business Incubation Association (NBIA) is the world’s leading organisation advancing business incubation and entrepreneurship with more than 2,200 member incubators and accelerators in over 60 nations. Each year, it provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. An elected, voting board of directors representing the world’s leading incubators governs the association.

 

Further information contact:

Petra Andrén

Director, Strategy and Business Development

ATP Innovations

(02) 9209 4444

p.andren@atp-innovations.com.au