The future of innovation is now, as Spacecubed’s Plus Eight program kicks off for 2022. This intense incubator is designed for local startups who are ready to scale, fast. Since launching in 2017, the program invested over $1.5M in startups, and facilitated an additional $12M in follow-on investment with a $101M portfolio valuation.
For 2022, there’s more seed funding available, an international trip for the founders, the chance to meet and connect with international funders, speak directly to investors and much more. This year, the Plus Eight program is geared to help startups rapidly accelerate their growth, domestically and globally. It’s our biggest year yet.
We are excited to welcome new partnerships with Capricorn Society and Visagio joining Woodside Energy, RAC’s BetterLabs, Hawaiian, Eastcourt, Jackson McDonald and DFK Gooding Partners.
These partnerships provide the opportunity for corporations to play a part in creating a healthy ecosystem of fast-growing companies that extends bidirectional benefits across our whole society, and support the startups who are leading the way to create innovative solutions for our future. (For more on the future of corporate innovation, click here!)
Last year, we saw an additional $1.8M in follow-on investments for our cohort as they continue to go from strength to strength post-program. 2021 alumni include Snackr, IDEA, Wolfit Box, Tender Relief, Ready Team One and The Tooth Market. See the full 2021 wrap up here.
While 2022 is set to be bigger than ever this year, it will run in the same three phase approach. Startups selected following an intense application process will join a weekend bootcamp where they will hustle their way to the first phase of the program before ultimately pitching their way towards the final Demo Night.
What we drum into selected founders throughout the program is resilience. Can you handle the pressure? Will you do whatever it takes to make your business succeed? If so, this program is for you.
Selected founders will be surrounded by not only a network of peers within the cohort, but the best mentors, investors and startup founders across Australia, making this program life changing for founders.
Expressions of interest for 2022 are now open, with applications set to open March 14, 2022.
If you’d like to get involved in the 2022 program, as a program partner, supporter, or mentor, please complete our Contact Form available here. For media enquiries, please contact firstname.lastname@example.org.