SlideShare a Scribd company logo
Runway
Solutions for every stage of your entrepreneurial journey.
2
Peter Dostis
(CEO and co-
founder)
Nick Stanley
(Chairman and
Founder)
Runway Team
Tess Cameron
(The Promotor)
Sue Pollard
(The Organiser)
Janelle Ryan
(The Collaborator)
Linda Wong
(The Facilitator)
Jo Bangles
(The Curator)
3
• Build sustainable local regional
economies by creating businesses, jobs,
support networks and investment
opportunities
• Focused on startups, scaleups and
existing businesses
• Building an ecosystem and working to
the strengths of a region
• Collaboration is critical and must occur
across Business, Government and
Education
Our Why
Startups
Scaleup
s
Busines
s
4
Overview of the Runway Ecosystem
Access to capital
- Seed
- Angel
- Access to VC
Business Partners
- Legal
- Financial
- Technology
- Branding and Marketing
Government
- State Government
- Local Council
- Business support
- RDV (Attracting and keeping
start-ups and scale-ups in the Region)
University and Tafes
- Feeder programs
- Internships
- Partner programs
- R&D
- Facilities
Events
- Raise awareness
- Create collaboration
- Information
Bridging Programs
- Small business programs
Pathways
- Entrepreneurship in schools
Programs
- Proven Program
- Facilities and equipment
- Experienced Coaches and Mentors
- co-located business partners
Existing business
- Solve problems
5
Startup/Scale-up ecosystem today
122 50 25 4
Applications Bootcamp
Teams
Teams in
Program
Intakes
6
Where do our founders come from
67% of founders in the accelerator program (selected based on
merit) are from within the region!
7
Runway Programs
8
Programs overview
Runway Business Model Validation (7 days
spread over 4 weeks)
PROBLEM AND MARKET VALIDATION
Runway Accelerator (24 Weeks)
ACCELERATE TO MARKET
Runway growth
GROWTH
Runway Virtual (self-service materials)
9
• Focused on early
stage ideas
• Can be a startup or
an existing business
looking for new
revenue streams
• Provides tools to
validate and assess
the business model
Runway Business Model Validation
2 hour introduction session
1
4 x 4 hour sessions
•Focused on lean canvas
•Proof of problem
•Proof of market
•Proof of scale
•Raising capital/Business Case
•Minimal viable product
2
Final pitch session
3
10
Runway Accelerator Program
11
What are we looking for?
Team
•Team experience
•Team capabilities
•Grit and resilience
•Coachability
Traction
•Do you have any customers
or eoi?
•Is there any Intellectual
Property / Proprietary
Knowledge /competitive
advantage
•Have you made sales?
Validation
Proof of problem
•Has the problem been
validated?
Proof of market
• Is there proof of a market
for the problem?
Proof of scale
•How big is the potential
market?
•Is the business model
scalable?
Solution
•What is the solution?
•Has the solution been
validated with the target
market?
•What is the unique value
proposition
•Pitch
Business
Model
•Lean Canvas
•cash flow
•Burn rate analysis
•Scalability
12
Selecting our startups and scaleups
Apply online
Averaged 30
teams per round
to date
Bootcamp
• Pressure test
business model
• Assess
founders
Final pitch
• Select teams
for program
Accelerator
• 24 week runway
accelerator
program
Up to 15
teams
selected
Up to 10
teams
selected
5
teams
selected for
pay-it-
forward
remainder
for paid
program
13
Access to program, facilities, coaches, mentors, business network and discounted
partner services
Minimum commitment of 2 days a week, with 3 recommended.
Paid Program
$1000 per month per team (maximum of 2)
access to facilities, coaches, mentors, business network
and discounted partner services
Pay-it-forward
(free for up to 5 eligible startups)
Runway Accelerator Program – 24 weeks
15
Week 1
Pre-flight
check
•Setting goals
for the 24
weeks
•Where is the
start-up at
right now
Week 2-4
Team
• structures,
values and
culture
•Using Equity
to build a
team and get
things done
•Skills
profiling and
team skills
Week 5-8
Branding and
marketing
• Brand
strategy
• Digital
marketing
• Marketing
tools
Week 9-10
Building
Technology
•Building
Scalable and
resilient tech
•Designing
and building
an MVP
Week 11
Pitching skills
•Elevator
pitch
•Sales pitch
•Investor
pitch
Week 12
Turbulence
• Start-up
health check
• Work/life
balance
Week 13-15
Capital
Raising
•Profiling
Start-Up
including
pre-money
valuations
•Forms of
capital
•Grants
Week 16-17
Governance
•Selecting
mentors and
advisors
•What is
governance
Week 18-23
Structure and
Control
•Financials
•Legal
•HR
•Time Mgt
•Insurances
Week 24
Reviews
•Review
progress
•Planning
next steps
•Alumni
program
Runway Accelerator content
Business model validation
16
• An online virtual platform
• Backs Runway’s physical and mobile presence
• Harnesses the network and provides “always on”
support
• Includes training (digital MBA for startups / scale-ups),
collaboration and connection tools, virtual expert in
residence, Insights and physical support
Runway Virtual Runway Virtual
17
Runway virtual modules
18
• Designed to help existing businesses that have a proven business model but
cannot scale within their existing business model and structure
• Runway helps to identify and implement business models that will enable them
to scale
• Generally involves the implementation of technology
• E.g. is a bricks and mortar business going online to scale
Runway Growth program
19
Runway corporate program
Help to select
ideas based on
startup selection
criteria
Inside - out
Take a corporate team
and place them with
other start-ups in
Runway
Facilitate
the solving
of Problems
Outside - in
Run an accelerator
program inside the
business
Facilitate
equity
allocation and
IP ownership
Offered in two flavours
Runway Presentation

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Runway Presentation

  • 1. Runway Solutions for every stage of your entrepreneurial journey.
  • 2. 2 Peter Dostis (CEO and co- founder) Nick Stanley (Chairman and Founder) Runway Team Tess Cameron (The Promotor) Sue Pollard (The Organiser) Janelle Ryan (The Collaborator) Linda Wong (The Facilitator) Jo Bangles (The Curator)
  • 3. 3 • Build sustainable local regional economies by creating businesses, jobs, support networks and investment opportunities • Focused on startups, scaleups and existing businesses • Building an ecosystem and working to the strengths of a region • Collaboration is critical and must occur across Business, Government and Education Our Why Startups Scaleup s Busines s
  • 4. 4 Overview of the Runway Ecosystem Access to capital - Seed - Angel - Access to VC Business Partners - Legal - Financial - Technology - Branding and Marketing Government - State Government - Local Council - Business support - RDV (Attracting and keeping start-ups and scale-ups in the Region) University and Tafes - Feeder programs - Internships - Partner programs - R&D - Facilities Events - Raise awareness - Create collaboration - Information Bridging Programs - Small business programs Pathways - Entrepreneurship in schools Programs - Proven Program - Facilities and equipment - Experienced Coaches and Mentors - co-located business partners Existing business - Solve problems
  • 5. 5 Startup/Scale-up ecosystem today 122 50 25 4 Applications Bootcamp Teams Teams in Program Intakes
  • 6. 6 Where do our founders come from 67% of founders in the accelerator program (selected based on merit) are from within the region!
  • 8. 8 Programs overview Runway Business Model Validation (7 days spread over 4 weeks) PROBLEM AND MARKET VALIDATION Runway Accelerator (24 Weeks) ACCELERATE TO MARKET Runway growth GROWTH Runway Virtual (self-service materials)
  • 9. 9 • Focused on early stage ideas • Can be a startup or an existing business looking for new revenue streams • Provides tools to validate and assess the business model Runway Business Model Validation 2 hour introduction session 1 4 x 4 hour sessions •Focused on lean canvas •Proof of problem •Proof of market •Proof of scale •Raising capital/Business Case •Minimal viable product 2 Final pitch session 3
  • 11. 11 What are we looking for? Team •Team experience •Team capabilities •Grit and resilience •Coachability Traction •Do you have any customers or eoi? •Is there any Intellectual Property / Proprietary Knowledge /competitive advantage •Have you made sales? Validation Proof of problem •Has the problem been validated? Proof of market • Is there proof of a market for the problem? Proof of scale •How big is the potential market? •Is the business model scalable? Solution •What is the solution? •Has the solution been validated with the target market? •What is the unique value proposition •Pitch Business Model •Lean Canvas •cash flow •Burn rate analysis •Scalability
  • 12. 12 Selecting our startups and scaleups Apply online Averaged 30 teams per round to date Bootcamp • Pressure test business model • Assess founders Final pitch • Select teams for program Accelerator • 24 week runway accelerator program Up to 15 teams selected Up to 10 teams selected 5 teams selected for pay-it- forward remainder for paid program
  • 13. 13 Access to program, facilities, coaches, mentors, business network and discounted partner services Minimum commitment of 2 days a week, with 3 recommended. Paid Program $1000 per month per team (maximum of 2) access to facilities, coaches, mentors, business network and discounted partner services Pay-it-forward (free for up to 5 eligible startups) Runway Accelerator Program – 24 weeks
  • 14. 15 Week 1 Pre-flight check •Setting goals for the 24 weeks •Where is the start-up at right now Week 2-4 Team • structures, values and culture •Using Equity to build a team and get things done •Skills profiling and team skills Week 5-8 Branding and marketing • Brand strategy • Digital marketing • Marketing tools Week 9-10 Building Technology •Building Scalable and resilient tech •Designing and building an MVP Week 11 Pitching skills •Elevator pitch •Sales pitch •Investor pitch Week 12 Turbulence • Start-up health check • Work/life balance Week 13-15 Capital Raising •Profiling Start-Up including pre-money valuations •Forms of capital •Grants Week 16-17 Governance •Selecting mentors and advisors •What is governance Week 18-23 Structure and Control •Financials •Legal •HR •Time Mgt •Insurances Week 24 Reviews •Review progress •Planning next steps •Alumni program Runway Accelerator content Business model validation
  • 15. 16 • An online virtual platform • Backs Runway’s physical and mobile presence • Harnesses the network and provides “always on” support • Includes training (digital MBA for startups / scale-ups), collaboration and connection tools, virtual expert in residence, Insights and physical support Runway Virtual Runway Virtual
  • 17. 18 • Designed to help existing businesses that have a proven business model but cannot scale within their existing business model and structure • Runway helps to identify and implement business models that will enable them to scale • Generally involves the implementation of technology • E.g. is a bricks and mortar business going online to scale Runway Growth program
  • 18. 19 Runway corporate program Help to select ideas based on startup selection criteria Inside - out Take a corporate team and place them with other start-ups in Runway Facilitate the solving of Problems Outside - in Run an accelerator program inside the business Facilitate equity allocation and IP ownership Offered in two flavours