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MEGA 2011 NSW Info night
 

MEGA 2011 NSW Info night

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MEGA is a course for first time digital entrepreneurs and established companies seeking to validate their ideas before talking investors, angels, or incubators. It will run form April 18th - July 28th ...

MEGA is a course for first time digital entrepreneurs and established companies seeking to validate their ideas before talking investors, angels, or incubators. It will run form April 18th - July 28th in Sydney.

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    MEGA 2011 NSW Info night MEGA 2011 NSW Info night Presentation Transcript

    • 2011 NSW ProgramInformation NightMarch 28th, 2011
      Roger Kermode, Ph.D., GAICD
      NSW State Manager
    • Tonight’s Agenda
      • It’s never been a better time to start
      • What is MEGA?
      • Why MEGA
      • Course Overview
      • Ecosystem Fit
      • Selection Criteria
      • Sponsors and Prizes
      • Key Dates / Next Steps
    • New Products Dominate
      Source: “The future of Corporate Innovation”, Presentation at Summit of The Future 2005 by Andreas Neef
    • Distribution is Easierthan Ever Before
      92% of all phones
      sold will be smart
      phones
      Source: Various IDC News Releases
      Primary: http://www.idc.com/getdoc.jsp?containerId=prAU22758911
    • Mobile Will be Biggerthan the PC
      Graphic Removed for copyright reasons.
      Please go directly to source, slide 7:
      Source: KPCB Top Mobile Trends, Matt Murphy / Mary Meeker:
      http://www.slideshare.net/kleinerperkins/kpcb-top-10-mobile-trends-feb-2011
    • But You Ain’t Seen Nuthin’ Yet!
    • Australia has becomethe Perfect Test Market
      Source: Australian Treasury Note, October 2010
      http://www.treasurer.gov.au/DisplayDocs.aspx?doc=economicnotes/2010/032.htm&pageID=000&min=wms&Year=&DocType=
    • NBN is a Game Changer
    • Capital is Freeing Up
      AdVenture
      Capital
      $20k
      To
      $25k
      $50k
      to
      $500k
      ~$2m
      To
      ~$12m
      $300k
      To
      $4m
      $10m+
    • A Course for First Time Digital Entrepreneurs
      Core Aims
      • Upskill Digital Entrepreneurs
      • Before you talk to Angels / Incubators
      • Before you embark on a new project in their business
      • Generate Deal Flow
      • Angels
      • Incubators
    • A Course for First TimeDigital Entrepreneurs
      What MEGA is
      • Entrepreneurship Course NOT an incubator
      • Mentor Driven Lectures & Practical
      • Prepare Investment Memorandum
      • 19 Sessions
      • April 18th to July 28th
      • Wednesday Nights / Some Weekend Afternoons
      • 60+ hours of Content and Exercises
      Pitch Day July 28th
    • PracticalConnected Learning
      Methodology
      • VolunteerMentor Driven Lectures and Training
      • Practical, Customer Focused
      • Lots of Pitching
      • Prepare Investment Memorandum
      • Pitch Day to Angels
    • Know How toPresent Like a Pro
      Who to talk to?
      Customers
      Partners
      Suppliers
      Investors
      Each other!
      Why?
      Cust Dev / Sales
      Distribution
      Best Fit Terms
      Funding
      Team Building
    • Course Outline
      Welcome and Introductions April 18th
      Course Overview, Business Basics, Pitching 101 April 27th
      Team Formation for Idea Generation April 30th (Sat)
      Lessons from the market: Global Opportuinites May 4th
      Entrepreneruship, Intro to Idea Evaluation May 11th
      Business Model Creation May 18th
      Testing Value Proposition May 21st (Sat)
      Testing Customers / Users and Demand Creation May 5th
      Testing Market Channel + Legals and Deals June 1st
      Testing Revenue Model June 4th (Sat)
      Testing Partners, Resources, Cost Structre and Funding Resources June 8th
      Business Feasibility Round Table June 15th
      Tech Testing Round Table June 22nd
      Business Proposal 1 – Offer / Opportunity / Value Prop/ Organisation June 29th
      Business Proposal 2 – Marketing / Reosurces/ Dev / Finances Risks July 6th
      Business Proposal 3 – Feedback from Mentors on Business Plan July 13th
      Pitch Skills 1 – Presentation Skills July 16th (Sat)
      Pitch Skills 2 – Pitch Practice Sessions with Mentors July 20th
      Fedback from Mentors – Final Practice July 27th
      Pitch Day July 28th
    • Advisory BoardExperience In Spades!
      Advisory Board Members
      Roger Kermode (chair) Manager MEGA NSW, Dir Biz Dev ANZA, ex Motorola, Ph.D. MIT Media Lab
      Jennifer Wilson Director, Project Factor, ex HWW, Long Time Mega Supporter
      Kate Carruthers Founder Social Innovation Sydney, ex AMP, Westfeild, NSW Govt
      Kim Heras Founder/ GM PushStart, ex TheNextWeb(Australia) and TechNation
      Michael Ungerboeck Founder/CEO Digital Lead Network ex Mobile Messenger, Optus, Hutch
      Rob Antulov Founder of 3eep, Angel Investor, Ex Fairfax Digital, Booze Hamilton
      Roger Lawrence CTO Cloud Services (South Pacific) HP, MEGA 2009 Alumni
      Sara Lucas Founder EnrichMe, Founder Heads over Heels, ex Macquarie Bank
      Shane Williamson Founder Mobile Mondays Sydney, Long Time MEGA Supporter
      Terms
      Select Companies for Admission
      Mentor Pool Review and Additions
      Post Course Program Review
    • NSW Program is Designed to Enable Slingshot / Follow Up Opportunities
      Tech23
      CeBIT
      CeBIT
      SydStart
      SydStart
      SydStart
      AMPlify
      NSW 2011
      Program
      Apr
      May
      Jun
      Jul
      Aug
      Sep
      Oct
      Nov
      Dec
      Jan
      Feb
      Mar
      Apr
      May
      Mar
      2012
      2011
      All Rights Reserved, (c) Alimua Pty Ltd 2010
    • MEGA’s Sponsors
      Fortunate to Have a Number of Sponsors
      Could not Run Program Without Their Support
      Each sponsor brings own unique connections
      Prizes to enable follow on mentoring
    • MEGA’s Sponsors
    • MEGA’s Sponsors
    • MEGA’s Sponsors
      $2,000 Prize for Most Promising Startup
    • MEGA’s Sponsors
      $1,500 for Most Promising Cloud Based Service
    • MEGA’s Sponsors
    • MEGA’s Sponsors
      $500 for Best User Experience Concept
    • MEGA’s Sponsors
    • Selection Criteria
      Preference Given To
      Teams of 2 or 3 (at lease one developer)
      Opportunity with potential to scale
      Entries with strong story in one or more of
      Mobile
      Enterprise
      Cloud
      Why?
      Help focus teams into high potential areas
    • Pricing EncouragesTeam Formation
      Course Fees
      • Teams (Cost per Person)
      • Full $850
      • Concession $550
      • Individuals
      • Full $950
      • Concession $650
    • Key Dates
      Today Applications Open
      April 8th Applications Close 5pm SHARP
      April 11th Advisory Board meets to Select Successful Applicants
      April 13th Applicants notified of Decision
      April 18th Networking / Kick Off Course begins
      For More Information
      http://www.mega.org.au
      roger@mega.org.au