The programme is designed to assist companies to build, accelerate and scale their businesses.
Topaz Conway, chair of SBE Australia, said: “This is our sixth year of delivering the Springboard Enterprises Australia Accelerator and our 45 alumnae have performed far above the Australian norm. With 85% successfully raising capital post-programme, we have seen $180 million go to these women-led companies, had two ASX listings, and three acquisitions.
“We know without a doubt that when women are adequately funded and have access to supportive networks they perform well. In fact, they outperform. Our programme creates an environment that builds confidence, knowledge and connections that is life changing for women entrepreneurs and their businesses.
“If you are looking to raise capital, make quality connections and gain a deeper understanding of your business, you need to apply for The Springboard Enterprises Australia Accelerator. It provides unmatchable access to a global community of innovators, investors and influencers, and top-tier mentoring and business sessions,” Edelstein said.
Conway said that since participating in the program, UrbanYou has gone from strength to strength.
“They raised $1 million in just two weeks with the funds allowing them to acquire competitor HomeHello. As a result, they doubled their recurring user base and could instantly launch into Brisbane. It also allowed them to launch UrbanYou PALS, their successful Partners and Lifestyle Services, which now accounts for 10 per cent of monthly revenue.”
The Springboard Enterprises Australia Accelerator programme involves:
1. A highly interactive, three-day boot-camp in Sydney that focuses on an assessment of each of the company’s market and business opportunities.
2. An intense eight-week coaching programme. Each company is matched with the most appropriate coaching team, consisting of both Australian and US coaches, to help with business strategy, financial modelling, IP, pitch deck, connections and high value networks in the US and Australia.
3. The Dolphin Tank presentation night (post-coaching) provides participant companies the opportunity to pitch to an audience of investors and influential business people, including corporate executives and advisors, who offer actionable insights, connections and access to relevant resources.