iAccelerate hosted more than 140 people for the first Pitch Final for 2018 earlier this year. As part of the event, UOW School of Electrical, Computer and Telecommunications Engineering (SECTE) entrepreneurial students pitched their ideas (through the FEIS400 Lean Engineering Startup subject).

Excitingly, one of the student teams, GenSpeak, won both Best Pitch (Audience) and Best Pitch (Panel). GenSpeak have since been accepted into the iAccelerate program as a resident company and are going from strength to strength, recently winning ‘Best Startup’ at the AIIA NSW iAwards.

In the FEIS400 subject the students engage in a 12-week intensive program, giving them hands-on experience on getting a startup off the ground. They learn about lean startup methodology, creating a minimum viable product, IP protection and how to raise venture capital – all focused around their own lean startup business.

InstaShred and V-DAQ are two of the student startup projects that have progressed to being iAccelerate residents.

InstaShred is a tech company with a goal to revolutionise how we have traditionally learned to play musical instruments – by implementing modern interactive technologies to both enhance and improve the learning process. One of their newest innovations is the all new Impala – a teaching LED guitar that is based on the Gibson and LTD Explorer models.

V-DAQ is an automated vehicle data acquisition company. Their mission is to reduce the time taken from a vehicle accident occurring and the emergency services responding.

As part of the immersive experience of having a professional placement within the iAccelerate business incubator, the students participate in workshops conducted alongside companies accepted into the iAccelerate Program. This immersion within the startup community compliments the extensive pitch training the students receive.

All students participate in extensive pitch training, which ultimately provides the opportunity to pitch their innovative business idea to a panel of investors and experts. All teams pitched throughout the program, with two teams making into the Final. The teams participating included:

  • GenSpeak
  • PlaceADate
  • Project Uni Parking
  • Solar Freezer
  • Tiny Tinkers

Congratulations to all the students, we were so impressed by the quality of pitches, and the achievements you’ve managed in such a small time. We can’t wait to see how the businesses develop further in the future!

How can you get involved? Mentoring Opportunities with iAccelerate

If you are interested in supporting and mentoring the region’s up and coming startups, express your interest in becoming an iAccelerate mentor! In the fast-paced startup world, mentors represent a critical advisory relationship between those who have done it before, with those about to do it. The passing down of the “lessons learned” provides a fast track path for the new entrepreneur and assists them in avoiding many beginner mistakes. If you are interested in becoming a mentor in the iAccelerate community, find out more on the iAccelerate website.

Got big plans for your business? Apply to Join iAccelerate

Applications to join iAccelerate are open throughout the year. Applications for the next intake close on Thursday 4 October 2018. If you’re ready to take your business to the next level, Apply Now to Australia’s most active accelerator and incubator.