Over the past 12 weeks, Fishburners has been carrying out their inaugural Fast-Track Program following in the footsteps of widely acclaimed accelerators such as Y-Combinator, TechStars, and 500 Startups to “fast-track” the growth of Aussie startups.
Home to some of Australia’s leading startups – including goCATCH – Fishburners is rapidly gaining a reputation as Australia’s premier startup community. Following in their mission to foster entrepreneurship and nurture startups in the early stages of their venture, they’ve established their own accelerator program exclusively for residents of their co-working space.
The intensive 12-week program focused on implementing skills relevant to tech startups through group mentoring, workshops (from SEO strategies to sales training) and weekly “wins, goals, challenge” sessions pitching with other fast-track participants.
Each week featured a successful external entrepreneur to help mentor the participants – including Hamish Hawthorn from ATP Innovation Labs, Benjamin Chong from Sydney Seed Fund, Evan Clark from ClickView, Mark Capps from Sneaking Duck and many more seasoned entrepreneurs.
The Fast-Track program also had its unique perks like ‘wine and cheese’ events and informal ‘speed dating’ with mentors.
Response to the program has been very positive, particularly for enabling personal accountability and helping validate business models. Unlike other incubators that cost a startup ‘equity’, Fishburners ran this program completely free.
The success of the program was also seen with quick market validation with two businesses deciding to close their doors, and a few pivoting their business model based on consistent feedback from mentors and peers.
The program culminates in a Demo Day this Wednesday, during which participating startups will pitch to an audience of peers, investors, media and friends.
Participants include Jethro Batts from Park My Van, Sam Johnson from Feedback Loop, Daniel Milham from Toppit, James Marin from GoParcel, Ian Hansel from Percept Analytics, Brian Lim from Space Ventures , Kevin Lippy from Mumbership, Tomas Staiger from Mister Wallpaper and Bob Ratnarajah from V Stars.
The program also coincides with the launch of StartupAUS which initially started from not-for-profit entity with a mission to foster and build the community of technology entrepreneurship in Australia.