Could your idea become the next big thing? Velocity can help you find out.
The Velocity program helps early-stage founders pressure test their startups - speeding up their discovery of first customers and pathway to product-market fit. Open to both for-profit and impact startups, it is important to us that both types of founders influence and motivate each other to succeed in business and in impact.
Over 15 weeks, the Velocity program will support you with evening workshops that include expert speakers, founder stories, and group activities to challenge and inspire you. Starting with customer validation and value proposition to test your biggest assumptions, through to signing your first customers, we give you clarity and guidance to help you make the decisions that increase the probability of your success and surround you with a cohort of high-potential founders.
The program costs $500 per founder. No University of Melbourne affiliation is required for this program.
Your journey begins with an online application, where we will ask about your startup and your progress to date. We also host open office hours if you'd like to chat with the MAP team before applying.
Up to 30 shortlisted startups will be invited to a 20-minute interview with the MAP team and an industry specialist. The format will be a 3 minute pitch followed by 17 minutes of QnA. Following a competitive application process and onboarding between 25th - 27th June, up to 20 selected startups will begin the Velocity Program.
Startups attend evening workshops, hosted by mentors, founders, and domain experts from across the MAP network. Workshops generally run from 5:30pm to 8:30pm on Tuesday or Thursday evenings with breaks for coworking out of the MAP offices.
Startups who have made the most progress and traction in their startups be invited to an additional 6-week opportunity of startup coaching and pitch practice. They will also have the opportunity to pitch at the MAP19 Velocity Showcase, a popular fixture in the Melbourne entrepreneurial calendar.
Each workshop is a mixture of theory, group activities and networking to improve your knowledge and keep you on track.
Our mentors have been there and done it, and are excited to share stories and listen to your challenges to help you grow your startup.
Founders from different startups at Velocity work with each other, sharing skills and experience to help each other solve their biggest challenges.
The Velocity Showcase is your opportunity to pitch to a large audience and debut your startup to Melbourne's ecosystem.