uSpark Accelerator Open Call - Closed 

 The open call for Destination Start Up 2021 has now closed.

If you'd like to find out more about uSpark or apply to our next program, please make contact. 

 

 Innovate. 

 Together. 

uSpark is a new type of business accelerator. Our unique partnership model builds the technology team your start-up needs to succeed. 

 

Located in Melbourne, Australia, uSpark is powered by Unico Computer Systems, one of Australia's most established IT services companies. Unico has a proven track record of success in delivering innovative technology solutions. 

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You Bring The Product, We Bring The Tech

uSpark's Destination Start-Up Partner Program offers Australian start-ups a unique opportunity to obtain technology expertise to launch and fast track their products to market. Unlike other accelerators we don't deliver educational programs - our focus is on collaborating to develop robust products. We contribute a solid team, along with helpful industry friends and government contacts to position and guide new businesses through the confusing innovation landscape.

uSpark commits technical resources to selected start-ups in return for an agreed equity stake in any resulting business. The value of the services we provide depends on which gate an applicant proceeds through our program.  There are three gates available. Entry is based on a start-up's level of product maturity.

Validation

GATE 1

Experimentation

You have: An Idea
 

Together, we will: Establish a product business case
 

uSpark will: Provide up to $20,000 of services to create a product business case

GATE 2

Validation

You have: A product business case

Together, we will: Develop a technically proficient minimum viable product (MVP) and test it with early-adopter customers

uSpark will: Provide up to $200,000 of services to build the MVP

GATE 3

Acceleration

You have: A tested MVP

Together, we will: Develop a market-ready product and launch to customers

uSpark will: Provide up to $2,000,000 of services to commercialise a product and supporting capabilities

Submitting Your Application

You can apply to our program if you are an Australian citizen (or permanent resident) over the age of 18 by:

  • submitting an expression of interest (EOI) during our open call out - deadline now closed

  • attending one of our information webinars (details will be sent after you submit your EOI)

  • completing and submitting a uSpark application form (which we will send you)

  • creating a 3-minute video pitch about your team and product and sending it with your completed application

Key Dates

Information Webinars: Completed for 2021

Application Deadline: 11:59 pm, 28 February 2021

Applicant Interviews: March - April 2021

Partner Selection:  April 2021

Partner Onboarding: April 2021