23/01/2023
CALL FOR APPLICATIONS
The AUST Incubation program is a 3-month program designed to foster critical analysis and research acumen among student and faculty innovators to refine and validate their innovative ideas.
During the incubation period, innovators will:
1) Research their target users’ needs and get to know them more, acquiring an empathetic understanding of the problem that they are trying to resolve.
2) Turn their findings from the empathize stage into a meaningful, actionable problem statement, clearly stating their target users’ needs, problems, and existing solutions.
3)Turn their ideas into a prototype which can be used to create a feedback loop from potential users about the proposed solution. A prototype can be an early sample, model, or release of a product built to test a concept by bringing to life theoretical ideas to enable real feedback from real users.
In addition to providing innovators with business coaching assistance, controls and linking them to resources for the purpose of facilitating new venture development, AUSTInspire Business Incubation Center will be supporting the most innovative ventures with up to 40,000 US Dollars in Seed funding.
Eligibility Requirements
*Entrepreneurs, Startups, or individuals or groups of individuals working towards innovative products/services that have a scalable business model, can apply for the program.
*Startups of various stages including Proof of concept (POC), Minimum Viable Product, Prototype, Market Ready, or Seed Stage can apply.
*Both Technical and Non-Technical Startups can apply for the Incubation Program
*Innovators currently enrolled in partner Universities will be registered under their respective institutions
*The idea/start-up must be innovative
Focus Areas
-Advertising and Architecture Interior Design
-AR VR (Augmented + Virtual Reality)
-Automotive, Art & Photography
-Animation and Computer Vision
-Telecommunication & Networking
-Construction
-AgriTech
-Artificial Intelligence
-Green Technology & Renewable Energy
-Finance Technology and Enterprise Software
-Food & Beverages and Design
-EduTech
-Healthcare & Lifesciences and Internet Of Things
-IT Services and Marketing
-Nanotechnology
-Social Impact and Social Network
Timeline
Application Close Date : Jan 31, 2023
Program Commences : Feb 1, 2023
Evaluation Starts : Mar 22, 2023
Demo Day : Apr 14, 2023
Please see banners attached for more info.
Apply Here: http://bitly.ws/z6h5
Enquiries: [email protected]