Springboard Enterprises (SBE) Australia addresses an economic and innovation deficit by supporting talented female entrepreneurs to reach their full growth potential with the right networks,
coaching, and information needed to become investable companies.
In 2015 we are increasing our Accelerator's intake and doing more to connect our Alumnae network with opportunities for growth in Australia and the United States through qualified introductions, networking events and promoting their milestone achievements
across our network.
To deliver on these ambitions SBE Australia needs to raise $40,000 to cover program and administration costs.
Our Tipping Point will achieve:
***In Australia women represent at least 45% of all new business owners. However, the majority of these businesses stay small, inadequately funded, and local.
***From a purely economic point of view it has been proven that women-led businesses perform better against a range of key financial metrics.
***Yet women aren’t as likely as men to ask for 3rd party investment, start their businesses with less capital and businesses starting with less capital are more likely to fail.
Practically, SBE Australia helps women understand where they can go for investment and provides them with tools & techniques to overcome bias - unconscious or otherwise - when accessing that capital.
SBE Australia has adopted & implemented the highly successful Springboard Enterprises US Accelerator program, which, since its foundation in 2000, has supported over 550 women-led companies raise $US 6.6 billion.
The Springboard Enterprises Australia Accelerator Program incorporates:
***An intensive 2-day Bootcamp of development and knowledge exchange between the Accelerator participant and a national & global expert network of investors, business leaders, sector experts & entrepreneurs to boost the
investment attractiveness of Australian women-led businesses.
***A two-month coaching program during which time a personal advisory network of relevant experts from Australia and the United States is assigned to each female entrepreneur to help refine their investor pitch & make business
connections.
***An Australian Investor Forum following a final assessment of investor readiness.
***Involvement in taskforces to constructively highlight issues facing female entrepreneurs, such as the Gender Funding Gap & developing recommendations to address these issues.
Applications are accepted from a broad range of businesses located across Australia including but not limited to: Biotechnology, Business Products & Services, Clean Tech/Renewable Energy, Manufacturing, Digital Media, Financial Services, Fashion Technologies,
e-Commerce & Internet Retail sectors.
We're Making an Impact
2015 is the 3rd year Springboard Enterprises will offer an Australian Accelerator.
To date, 16 women have completed the program. Close to 50% of the SBE Australia alumnae network has each successfully raised investment averaging between $1-2 million. Many are confidently scaling their business beyond the Australian marketplace.
The SBE Australian Alumnae include some phenomenal women:
***Tessa Court, Intelligence Bank CEO & Founder recently named one of Australia’s most “powerful women in technology” & a finalist in NAB’S 2013 Women’s Agenda Entrepreneur of the Year.
***Deb Noller, Switch Automation CEO & Founder currently delivering on her business’ selection by the City of Seattle to provide a data acquisition & monitoring platform to over 120 buildings as part of the Seattle 2030 Smart buildings Project.
Deb Noller’s capital raising experience and the support the SBE Australia Accelerator provided can be read in this recent BRW article:
Women’s Angel Network Scale Bets on Tech Business Switch Automation
***Flamingo Ventures’ Founder & CEO Dr Catriona Wallace who opened a $1M capital raising in June 2014 which closed oversubscribed at $2.1M in 3 weeks.
***Lauren Hall, CEO and Co-Founder of iVvy looks set to change how we manage, procure and secure event-based services and suppliers with ambition for a $1 billion exit for the business.
***Sam Cobb, CEO AdAlta a biotechnology company focused on developing and exploiting the advantageous properties of i-bodies in the fields of cancer and fibrosis treatment. To date AdAlta has raised just over $5 million with the ultimate
goal being $20 million to take the work being conducted with i-bodies to human clinical trials.
***Vanessa Wilson, CEO StorReduce identified a market opportunity at the beginning of the cloud services boom that led to the development of cloud software that allows companies to move large amounts of existing data to the cloud in a way
that is affordable, usable and scalable. StorReduce has recently launched on Amazon Web Service’s (AWS) Marketplace.
***Louise Daw, Co-Founder of miPlan Consulting providing real near-time data capture and analysis for the mining industry. Since Springboard Enterprises Louise has built a team raised capital and is now ready for rapid growth.
***Simone Eyles, Co-Founder of 365 Cups a complete, smart-ordering platform for businesses ranging from regional cafes to national franchises. In 2014 365Cups enterered the US market and won a major contract with a national retailer.
***Wanida Chua-Anusorn, Co-Founder of MagnePath a developer and distributor of digital health imaging applications to improve accessibility of non-invasive health metrics. Wanida was nominated as one of the top 10 digital health influencers
in Asia-Pacific by Health XL.
***Sharon Grosser, Co-Founder at SEQTA a business that addresses increasingly unreasonable demands of administrative tasks for teachers; after being a teacher herself for many years.
SBE Australia is driven by a Board of volunteers and a recently appointed General Manager all commited to increasing the pipeline of investable women-led business in Australia.
We are also supported by an impressive Pipeline Partner network of leading organisations in the Australian StartUp ecosystem.
You can keep connected with SBE Australia
via LinkedIn or by following our Twitter feed at @SpringboardAus
