Ignition Labs is Australia’s only seed accelerator for early stage niche technologies. Under the accelerator model, selected businesses enter an intensive business development program that rapidly converts early stage ideas into robust and fundable businesses over a 3 to 6 month program. This is achieved through an accelerated education in entrepreneurship and commercialisation, input and guidance from experienced mentors, the investment of $25,000+ seed capital, structured market validation and customer development activities, possible follow on investment and investor roadshows domestically and abroad for investment ready graduates.
Launched on the 4th June 2013, the accelerators second program is currently seeking applicants and supporters to enable Ignition Labs’ 2013 cohort, with a focus on health and medical technologies. The accelerator will operate as a 3+3 month program, where companies pitch to stay after the first 12 weeks. Applications are now open and will close on the 14th July. The program will start in September and run through till March.