Launch

LaunchHUB

Applications for July 2020 intake are closed.

Ready to take your startup to the next level?

LaunchHUB is Activator’s 12-week pre-accelerator program which supports a cohort of dedicated RMIT founders as they work towards achieving product/ market fit.

 

Product market fit icon

What is product-market fit?

Being in a product-market fit stage on your startup journey means that you are still solving and making up for the differences between what your minimum viable product and what your target customer really wants.

The process of achieving product-market fit would include, but not limited to, these steps:

  • Validate your startup offerings with early adopters
  • Build a Minimum Viable Product (MVP)
  • Develop founder capabilities to learn an apply, such as but not limited to market analysis, value proposition design, and pitching
  • Develop your brand identity and visual assets
  • Identify and get prepared for funding avenues

Here’s why startups choose LaunchHUB

Application Process

Eligibility criteria

Key selection criteria - required

1. An understanding of market opportunity attractiveness (measured through articulation of market size, trends, existing business models, total addressable market)

2. Identifiable problem and solution (clearly defined problem statement and a well- thought out solution to address the problem)

3. Early customer validation (evidence of early testing with real customers and users, with feedback and insights)

4. A driven and purposeful team (commentary on reason for taking this path, and why they’re driven by the problem to be solved)

Key selection criteria - highly valued

1. Commercial experience and acumen

2. Demonstrated technical capability

3. Startup ecosystem validation

4. Funding, partnerships and participation in other programs

5. Technical advantage (patent, exceptional talent, IP, trade security)

6. Business advantage (access to market, knowledge of market)

7. A coachable and collaborative leadership team 

Important dates 

18 May 2020    Applications open

22 Jun 2020     Applications close at 11.59pm 

01 Jul 2020      First round outcomes announced

07 Jul 2020      Second round outcomes

8-10 Jul 2020  Interviews with selection panel 

13 Jul 2020       Final outcomes announced

27 Jul 2020      Program begins

16 Oct 2020     Program ends

 

Applications for July 2020 intake have closed. 

Stay tuned for future updates.

 

 

Text And Media Image

Eligibility criteria

  • At least one founding member has to be RMIT Staff, Student or Alumni
  • Demonstrate a working MVP
  • Can work part or full-time from the CBD co-working space
  • Commitment to key program activities including weekly stand-ups every Monday at 10am– 11:30am
Induction day.

What we look for

  • Unique value proposition
  • Evidence of customer engagement
  • High impact potential
  • A team with complementary skills
  • Commitment to building a business
  • Open-mindedness and coachability
  • Eagerness to engage with a community

Key Program Dates

FAQs

Since Victoria moved into Stage 3, where gatherings have been restricted to no more than 2, people Activator has fully shifted LaunchHUB program to virtual delivery.

The program has worked hard to maintain a strong sense of community and has introduced new elements enabled by selected technology stack. As restrictions scale back to Stage 2 – 1, we will operate in line with the university’s approach as per government guidelines and will cautiously introduce relevant face-to-face offerings while adhering to social distancing guidelines. 

Yes. Not only we have adapted to virtual delivery since March 2020, we have also tightened the focus of the program so that we can best support you at this crucial stage of your startup journey.

This program is free! The university is committed to developing an entrepreneurial culture and supporting enterprise development amongst the Activator community. 

Selected teams are expected to dedicate at least 4-5 hours to program participation This includes Monday morning accountability sessions, Info Bites and fortnightly Open Door sessions. Founders also get the most value from the program through active participation in other sessions as well, such as weekly catchups with the coaches, workshops and community events. 

Every Monday, we'll be kicking off the week with a group accountability session to set out goals and intentions for the week, while social events run on Thursdays between 5.30pm to 7.30pm with many more in between.

The following deals are exclusive to LaunchHUB participants only: 
 
  • Coaching to the value of $2.5K
  • Access to Activator's Designer in Residence to the value of $1000
  • AWS Promotional Credit valid for 2 years valued at $10,000
  • Google Cloud Start Program credits to the value of $20,000
  • Stripe processing credits to the value of $15,000
  • A bonus $100 with the Airwallex virtual Borderless Card
  • Content and programming featuring industry experts to the value of $20,000

RMIT Activator does NOT claim any IP rights in respect of an idea or startup. However, RMIT staff applying for LaunchHUB need to consult with RMIT Research and Innovation given that RMIT has ownership of intellectual property created by staff members in the course of their employment. 

LaunchHUB in itself is an investment from the university that is worth $218,000 in support and resources. Hence, cash funding is not offered with the program.

However, RMIT Activator is a significant contributor for many Victorian accelerator programs such as Startmate, Skalata, SBE E3, ASTN, Medtech Actuator, Startupbootcamp and Antler. We are more than happy to help with our knowledge and network when you identify other funding opportunities. 

LaunchHUB runs three times per year so support for your startup is never out of reach. Program dates for 2020 are:

- LaunchHUB #8 27th July 2020– 16 Oct 2020

- LaunchHUB #9 23rd Nov 2020 – 26th Feb 2021

Industry mentoring and community membership! Our continuous support means tapping into our pool of mentors to keep you moving forward and helping you move into the next phase of your startup journey. 

Kristin O'Brien

Program alumni spotlight: Kristin O’Brien, Voop.Global

From turning a data science student intern into a team member hire to pitching at PauseFest 2020 and entering the E3 program, her journey had been one that made us all proud.

Lively discussion

Not ready for LaunchHUB just yet?

Unlock Activator resources, such as co-working space, group coaching and masterclasses through RISE.

aboriginal flag
torres strait flag

Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.