7 new Queensland startups join ilab’s Germinate accelerator for digital-based businesses

7 new Queensland startups join ilab’s Germinate accelerator for digital-based businesses

Following a competitive application process, we’ve selected 7 startups to join ilab’s 7th Germinate accelerator program! To get to this point, the startups first had to be one of 24 selected from over 100 applications, and then attend a three-day selection bootcamp at ilab.

At Bootcamp we saw business ideas spanning health, genomics, financial tech, education, drones, movie bookings, real estate, electric vehicles, cycling, pet care and retail. Like always, it was a packed weekend where each team pitched daily and participated in sessions on startup fundamentals, pitching tips, marketing & press, legal & IP, tech development, innovation and more.

Darren Rogan (ilab's Entrepreneur in Residence) and Peter Laurie present on tech development

The Incredibly eclectic Germinate 7 cohort are:

  • MOVUS – Cloud-based analytics and Internet of Things combination targeting management and audit of industrial and construction marketplaces.
  • Dynamic Conversations – A Cairns startup creating an innovative training system looking to overhaul the SME training space.
  • TYLT Airborne Systems – Commercialising proprietary drone control systems technology through targeting industries such as real estate.
  • Shed Project – A Toowoomba startup disrupting the shed building industry.
  • SMSFCheck – A self managed super fund, online investment strategy compliance and review service.
  • Tanjo – Fintech startup removing the pain of personal budgeting.
  • genomicOS – An operating system to simplify cloud processing usage in genomic processing.

As part of the Germinate program, these startups will have full access to ilab’s growing list of partner deals. A great example is genomicOS, who will have the potential to make use of ilab’s recent approval as a Google partner able to offer access to $100,000 of free Google Cloud Platform services.

It’s also great to see two regional startups were successful – Dynamic Conversations from Cairns and Shed Project from Toowoomba. ilab supports regional startups through subsidised travel and accommodation, partnerships with entrepreneurial organisations and mentors local to the founders and Skype.

The Bootcamp weekend serves two purposes. For startups, it provides an intense three days of lessons from tech to legal to marketing to investor and life as a founder. It allows them to get a feel for ilab and to ask any and all questions about the program. With each pitch, the startups get feedback, with the last pitch being to a panel of judges including investors, entrepreneurs and tech experts to determine the final successful candidates.

Congratulations to the cohort and we’re looking forward to having you at ilab!

“Crash course weekend for whipping your start up into shape – from business plans to legal to marketing – it was all here to get you focussed and ready to pitch, pitch, pitch your idea! Invaluable guidance whether you make it or not into ilab. Would recommend to anyone who has a great idea but wants to know if others agree it is one.”

Rebecca Sullivan, co-founder of SMSFCheck