Techcelerator Deep Tech Program Information Session Details
Techcelerator offers a program supporting early-stage prototyping in deep tech, covering topics like pitching, IP management, stakeholder engagement, and more. Participants can gain up to $10,000 funding, expert guidance, and access to UTS facilities. Application details include website, support documents, eligibility criteria, and submission deadline.
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Tech Techcelerator celerator Supporting early stage prototyping in Deep Tech Program Information Session Dilek Cetindamar Kozanoglu, PhD Director, Techcelerator Faculty of Engineering and IT
Questions ? Questions ? FAQ on the Techcelerator website Send your questions to Jessica Gu via chat during the Information Session any questions we can t answer now, we will follow up through email. Techcelerator@uts.edu.au uts.edu.au/Techcelerator
Program Program Overview Overview Pitching & Demonstrating Persuasively Planning Your Journey Project Team Milestones Prototype Tasks Monthly Plan IP Management Budget Value Proposition Stakeholder Engagement Customer Validation Continuous Focus on Leadership and Team Development Monthly Advisory Meetings with Mentors & Community Meetings Demo a Working Prototype uts.edu.au/Techcelerator
What is Deep Technology What is Deep Technology? ? Computer graphics and animation Quantum computing Sustainable technologies Software Deep tech is the innovative design, deployment, use or development of technologies from a variety of engineering and information technology disciplines such as, but not limited to, these domains Cloud and security Big data Robotics Blockchain AI Interaction design AR/VR Mechatronics loT Machine Learning Bio- Additive Manufacturing engineering uts.edu.au/Techcelerator
What do participants get? What do participants get? The program offers students the opportunity to improve their prototyping and customer validation skills. All Techcelerator program activities are free to students and do not take any equity from their project. Up to $10,000 in funding for each project Guidance from expert staff, industry leaders and startup founders Access to UTS facilities for prototyping uts.edu.au/Techcelerator
How to apply? How to apply? Techcelerator Website Application Support Documents Project eligibility Frequently asked questions Selection criteria Checklist for success Mistakes to avoid Video resources Submit the Application Form Application close date: 31 July 2023 uts.edu.au/Techcelerator
Techcelerator Techcelerator 2023 Program Timeline 2023 Program Timeline Expressions of Interest Demonstration Day EOI closes 31 July 2023 1 Dec 2023 Second Advisory Board meeting Continued validating & prototyping Induction 14 Aug 2022 Oct 2023 Aug Dec 2023 Jun Jul Jul Aug Aug Sep Sep Oct Oct Nov Nov Dec First Advisory Board meeting Announcement of selected teams Third Advisory Board meeting Sep 2032 Nov 2023 29 Jul 2022 Information Session on web
Selection Criteria Selection Criteria Essential Component Essential Component People desirability Business Technical viability feasibility uts.edu.au/Techcelerator
Essential Component Essential Component - - Desirability Desirability 1. What is the problem? Does your solution solve the problem? Is there solution already in the market? Unique value proposition? 2. Who is your customer? What value can this solution bring to the customer? Is it cost-benefit to the customer? uts.edu.au/Techcelerator
Essential Component Essential Component Desirability Desirability 3. Is the Market attractive? Industry growth potential Size of the market Entry barriers/risks Competitive analysis Competitors (numbers? Strength?) Alternative products/service The unique features of your proposal Competitive advantage uts.edu.au/Techcelerator
Checklist Checklist Take time to conduct desk research Talk with potential customers or conducts simple surveys (demonstrate the need) Make sure you are proposing something unique and not replicating a solution Conduct a quick competitive analysis Emphasise customer validation activities in you project plan uts.edu.au/Techcelerator
Essential Component Essential Component - - Feasibility Feasibility Is it an original deployment of deep tech? Does it leverage UTS facilities/research? Do you own the IP? Are you respecting the IP of others? Is this feasible in a 4 month period? Do you have an appropriate and well-estimated milestones, tasks and budget? How this funds takes you to the next stage of commercialisation? uts.edu.au/Techcelerator
Checklist Checklist Draft your project plan and budget Conduct an IP search uts.edu.au/Techcelerator
Essential Component Essential Component - - Viability Viability Do you have the right business model? Have I considered & chosen the appropriate channel(s)? Have I identified the key metrics I will use for measuring performance? Do you have the right market alliances or partners? Have I identified my first customer(s)or early adopters? What partnerships or market alliances will enhance my business goals? Do you have the right team? Are my mindsets, skills & experience aligned with this solution? Can I/we demonstrate our unfair advantage? How can I demonstrate my passion for the problem and the customer? uts.edu.au/Techcelerator
Checklist Checklist Conduct the desk research to identify the profile of your first customer or early adopters Read the article about market alliances/partnerships so that you could answer a question about which partners are aligned to your solution alliances Identify the business model and revenue model that makes sense at this point in the ideation process Identify what makes you/your team special your unfair advantage uts.edu.au/Techcelerator
How to prepare the video? How to prepare the video? Be authentic, not too sales-y we are more interested in you than the product. Create the video as if you were presenting to a live, non-technical audience - avoid use technical or theoretic language Tell the story as simply and specifically as possible. Don t get stuck in the details. Practice and get a mate to review your application. Video Resources on Techcelerator Website uts.edu.au/Techcelerator
