SproutX Accelerator Application Form
This is the application form for the SproutX Accelerator Program.

For full details on the program and a FAQ please visit the SproutX website at http://www.SproutX.com.au/Accelerator

Applications close on the 8th of May 2017 11:59pm - please submit your applications in as early as possible. We are seeking teams to start full time in the Accelerator on the 22nd of May 2017.

Email address *
Full name *
Your answer
Startup name *
The name of your startup business
Your answer
Business address *
The address your business is based at
Your answer
Elevator pitch *
A brief description of what your company does. Max 100 words, fewer the better.
Your answer
Describe your target customer *
Your answer
What stage is your product/service at? *
Select one. A Prototype is a technological proof of concept. A Minimum Viable Product is more developed than a Prototype and is able to be validated with customers.
Who is your direct and indirect competition (include links)? How are you better/different from each? *
Competition can include existing outdated processes. But if you don't have any competition, explain why.
Your answer
Does your product or service require proprietary intellectual property? *
What is your Total Addressable Market (TAM)? *
Don't include your full financial model, but please do provide your methodology.
Your answer
Describe how your product/service will make money *
Provide a high level description but include unit economics if possible
Your answer
Are you generating revenue? *
Have you secured any investor funding? *
Tell us about your relationship with your co-founder(s). *
How long have you known each other? How did you meet? Have you worked on a project together in the past?
Your answer
What is the equity split between founders and/or shareholders? *
Your answer
Describe why the team is qualified to build this startup *
You can provide highlights from your career and things you've built and sold before
Your answer
Is there at least 1 technical co-founder on your team? *
Select 'Other' if you don't have a technical co-founder and then describe how you intend for your product/service to be built
If selected, how many co-founders will be dedicated full-time to the accelerator program? *
Do any team members have other commitments from May 2017 to November 2017?
Eg. Periods where you will be on leave, or need to work etc
Your answer
Please provide a link to a 1 minute video introducing the founders
Production quality is not important. Do not password protect your video. While a video is not required, it's a great way to help us get to know your team better and stand out from other applicants. Use services such as Youtube, Dropbox etc.
Your answer
If your idea were to fail, what is a second startup concept you would pursue? *
Not a trick question. It's okay if you don't have one, we'd just like to know what else you may have in mind.
Your answer
Which city/town will your team work from during the Accelerator? *
Teams in Melbourne are required to work from the SproutX head office. However interstate startup teams may work from their home town/city and SproutX will fly teams down every 5-6 weeks for sessions.
Have you incorporated your business? *
If you have a pitch deck, please provide a download link to it
Must be in a readable format, do not password and ensure the download link works. Max file size 30mb. Optional but having a concise pitch deck is in your favour.
Your answer
Is there anything that you would like to add that was not covered in the application?
Your answer
A copy of your responses will be emailed to the address you provided.
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