This 12-week program is designed to guide more advanced hardware startups through the critical stages usually covered by a standard Accelerator program.
After startups have developed their prototypes, refined their business strategy and have started to gain interest from potential clients and industry partners, they will need to focus on manufacturing their product and expanding within compatible international markets.
During this program, startups will work on refining their product design for mass manufacturing, establish supplier networks and map out a clear strategy to engage with new markets. Arc will guide startups through these stages by relying on its strategic international partners located in Europe, America and Asia.
The program provides the ideal platform for startups who have been able to collect enough initial interest in their product to justify going into production and can benefit from the commercialisation strategies and expertise offered by Arc and its partners.
The Program achieves this by addressing all critical stages needed to launch a new product and business in the market. They Include:
· Phase 1 – Design for Manufacturing: This section will focus on reviewing the designs of the participant’s products to make sure that they are optimised for mass manufacturing.
· Phase 2 – Final Prototype review: Within this phase, final pre-production prototypes will be analysed and tested. Doing so will allow for any key final concerns to be addressed before entering into production.
· Phase 3 – Product Assembly and Logistics: This section will help participating teams to develop a customised strategy to make sure that their manufactured parts become part of a finished product and make their way to their end customers in the most efficient way possible.
· Phase 4 – Accessing International Markets: This section will focus on preparing participating teams to engage with International markets and high-level investment.
Successful applicants that meet our investment partner's criteria will be eligible for investment of between $100,000 - $200,000 (in exchange for a Safe Note) linked to the program. Details will be confirmed shortly.
Shortlisted applicants progressing into phase 2 of the application process will be required to participate in a 2 week bootcamp. Following the completion of the bootcamp, offers will be made to successful applicants.
For further information contact our Program Manager, Gloria - 0424 921 900 or email@example.com