The World’s first Indigenous AcceleratorThe Barayamal Accelerator is looking for 5 innovative Indigenous startups to give a funding total of $50,000
Don’t Miss Out!
The five innovative Indigenous startups will receive a funding total of $50,000 in grants with all startups also receiving free coworking space, mentoring and training from industry experts at the Victorian Innovation Hub, Goods Shed North.
The Barayamal Accelerator incorporates a competition model to select our innovative startups. Indigenous startups submit an application for the Barayamal accelerator program, which is reviewed and shortlisted, with the most innovative Indigenous startups in Australia then pitching for one of the five spots available. At the end of this pitch competition, only five Indigenous startups are invited to participate in the accelerator.
Funded by LaunchVic and supported by our corporate partners, the Barayamal Accelerator will rapidly accelerator the growth of the Indigenous startups by providing capital, mentoring and industry support over three months then showcase their success at the culminating Demo Day on the 25 October, during Indigenous Business Month.
Barayamal’s Accelerator is completely free, thanks to LaunchVic. We exist to show the world that Indigenous entrepreneurs exist, like Black Swans, and we can also build successful businesses too.
Supporting Indigenous entrepreneurs is crucial to sustainable Indigenous development and an important component towards stronger entrepreneurial communities. Addressing Indigenous disadvantage has benefits not only for local communities but the entire Australian economy. We believe that Indigenous startups are the high growth and impact solution that will help close the disparity and opportunity gap between Indigenous and non-Indigenous Australians. By supporting Indigenous startups, you will increase Indigenous employment and economic development throughout Australia.
Dean FoleyFounder & CEO, Barayamal
Interested in becoming a mentor?
Barayamal brings together a passionate group of mentors from diverse backgrounds throughout Australia, which includes technologist, investors, philanthropist, entrepreneurs, industry experts, and community leaders.
Application & Selection Process
- Submit an application.
- Reviewed and shortlisted.
- Pitching competition.
- Five Indigenous startups are invited to participate in the accelerator.
The application process will be extremely competitive and judged on the following criteria:
- Tech-based and scalable business model.
- The Indigenous entrepreneur gives back to their community where they can (pay it forward).
- Strong desire to learn and willingness to implement advice.
- If you have a startup, it must be less than 5 years old from the date of incorporation.
- The applicant effectively conveyed the problem, solution, and feasibility of their idea/startup.
- Proof of Aboriginal or Torres Strait Islander heritage.
Barayamal is looking for the most innovative Indigenous startups that also incorporate First Nations values. Indigenous entrepreneurs who work hard and pay it forward in their communities will be judged favorably.
If you have additional questions, please send an email to [email protected]
Yes! We will notify all applicants on or before 22 July 2019.
We may require that you disclose specific information relating to your startup to support your application claims.