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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  • 1. 2011 NSW ProgramInformation NightMarch 28th, 2011
    Roger Kermode, Ph.D., GAICD
    NSW State Manager
  • 2. Tonight’s Agenda
    • It’s never been a better time to start
    • 3. What is MEGA?
    • 4. Why MEGA
    • 5. Course Overview
    • 6. Ecosystem Fit
    • 7. Selection Criteria
    • 8. Sponsors and Prizes
    • 9. Key Dates / Next Steps
  • New Products Dominate
    Source: “The future of Corporate Innovation”, Presentation at Summit of The Future 2005 by Andreas Neef
  • 10. 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
  • 11. 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
  • 12. But You Ain’t Seen Nuthin’ Yet!
  • 13. 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=
  • 14. NBN is a Game Changer
  • 15. Capital is Freeing Up
    AdVenture
    Capital
    $20k
    To
    $25k
    $50k
    to
    $500k
    ~$2m
    To
    ~$12m
    $300k
    To
    $4m
    $10m+
  • 16. A Course for First Time Digital Entrepreneurs
    Core Aims
    • Upskill Digital Entrepreneurs
    • 17. Before you talk to Angels / Incubators
    • 18. Before you embark on a new project in their business
    • 19. Generate Deal Flow
    • 20. Angels
    • 21. Incubators
  • A Course for First TimeDigital Entrepreneurs
    What MEGA is
    • Entrepreneurship Course NOT an incubator
    • 22. Mentor Driven Lectures & Practical
    • 23. Prepare Investment Memorandum
    • 24. 19 Sessions
    • 25. April 18th to July 28th
    • 26. Wednesday Nights / Some Weekend Afternoons
    • 27. 60+ hours of Content and Exercises
    Pitch Day July 28th
  • 28. PracticalConnected Learning
    Methodology
    • VolunteerMentor Driven Lectures and Training
    • 29. Practical, Customer Focused
    • 30. Lots of Pitching
    • 31. Prepare Investment Memorandum
    • 32. 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
  • 33. 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
  • 34. 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
  • 35. 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
  • 36. 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
  • 37. MEGA’s Sponsors
  • 38. MEGA’s Sponsors
  • 39. MEGA’s Sponsors
    $2,000 Prize for Most Promising Startup
  • 40. MEGA’s Sponsors
    $1,500 for Most Promising Cloud Based Service
  • 41. MEGA’s Sponsors
  • 42. MEGA’s Sponsors
    $500 for Best User Experience Concept
  • 43. MEGA’s Sponsors
  • 44. 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
  • 45. Pricing EncouragesTeam Formation
    Course Fees
  • 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