MEDIA RELEASE 3 December 2015
GRIFFIN Launchpad helps startups to build prototypes faster
GRIFFIN Accelerator CEO Dr Craig Davis today announced the arrival of GRIFFIN Launchpad, a program of structured coaching to startups to build prototype products faster and better target customer needs. The GRIFFIN Launchpad will provide a pre-accelerator stage program to budding entrepreneurs to better equip them to apply to the GRIFFIN Accelerator program, which will begin in June-August 2016.
‘GRIFFIN Accelerator is looking for entrepreneurs ready to benefit from intensive work with mentors to get their product into the market and their business ready for seed investment. But few entrepreneurs can do this without a running start and they are often running in slightly wrong directions or not running as fast as they could,’ said Dr Davis.
‘Many entrepreneurs struggle to get development of their prototype going at the right pace, cost and flexibility,’ he said, ‘our CTO In Residence David Peterson can help them get on the right track.’
‘We also help startups to shape their business and product development using lean startup principles,’ said Davis.
GRIFFIN Launchpad provides entrepreneurs mentor feedback and direction in the early days to give entrepreneurs the maximum chance to reach the accelerator stage as a strong prospect. The focus is early learning from potential customers and using this to target development of minimum prototype through:
- coaching on market validation by Petr Adamek GM of KILN Incubator, Craig Davis and selected GRIFFIN mentors
- coaching on product development and technology by CTO in Residence David Peterson
GRIFFIN Accelerator is a three month intensive program run by a group of experienced Canberra entrepreneurs who invest in, host, teach and mentor selected startups to create successful businesses. Roughly half of the teams that have completed GRIFFIN Accelerator have raised substantial investment from angel investors. GRIFFIN initially invests $25,000 but has funds to invest further up to $100,000.
Canberra Innovation Network supports a unique collaboration of organisations supporting entrepreneurs including Entry 29 co-working space, Lighthouse Business Innovation Centre, KILN Incubator and the Lean Startup Workshop series. GRIFFIN Launchpad is part of a combined program called Market Ready that brings these together for comprehensive support to entrepreneurs.
Media Contact and interview opportunity: Craig Davis PH 0412 819 376
More information: http://griffinaccelerator.com.au/griffin-launchpad/