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10 Startups Will Take on 10 Challenges to Prove Who Is Australia’s Most Investible Startup

  • Written by Lauren Trucksess

 The Investible Games returns to Sydney this October


Is your startup ready for seed investment? This is your chance to prove it!


Early-stage investment firm Investible is now assessing startups applications for The Investible Games, which will return to Sydney for the second time on October 31 and November 1 with the support of Digivizer, Australia’s leading digital and social analytics technology company and Fishburners, Australia’s largest coworking community of tech startups.


The Investible Games is Investible’s proprietary two-way, due diligence event designed to challenge early stage companies toward seed investment.


Over two days, founder teams take part in 10 unique challenges that stress-test critical aspects of their business and receive visibility, guidance and feedback from Investible and its network of angel investors and industry experts.  


In less than 48 hours, startups gain insights that would typically require months of investor meetings to learn and have the opportunity to advance their business model, access multiple investors and accelerate the capital raising process – free of charge and without giving up equity.


Only 10 startups are invited to compete in each event with the top performers winning additional investor meetings and mentoring sessions. More than 35 startups, selected from a pool of more than 300 businesses, have participated in the Investible Games across Australia and Asia to date.


Inspace XR, which develops virtual reality solutions for architects and engineers, was one of the participants in the inaugural Investible Games Sydney event. It then went on to raise US$750,000 in a round led by Investible.


“It was great to be thrown into back-to-back challenges at the Investible Games, each offering lessons in a key area of the business. It helped us successfully close our seed round quickly as we had the support of Investible and other investors who participated in the event,” said Justin Liang, CEO of Inspace XR.


Each of the Investible Games challenges is based upon the Investibility Index, the due-diligence methodology that Investible has developed and used to achieve an unrealised internal rate of return of 67.2% from investments in more than 70 companies including Canva, Ipsy and Brandless. Participating investors gain insight into Investible’s process and have the opportunity to evaluate startups under unique circumstances.


“Most investment events focus on pitching, so investors often see startups who have had a lot of time to prepare. With the Investible Games, you get to see top founders reacting in the moment and under  pressure. It gives you a good sense of how they operate and respond and how well they know their business. If you want to get the real insights into these startups, I highly recommend participating in the Investible Games,” said Adam Seccombe, angel investor and member of the judging panel at Investible Games Melbourne 2019.


Elisa-Marie Dumas, Head of Programs and Partners at Investible added:


“This is not a traditional accelerator, hackathon or a pitch day. In fact, it’s not like anything the startup ecosystem has seen before. We’ve designed the Investible Games to support our due diligence process and give early-stage founders what they need most - expert feedback, meetings with top investors and the opportunity for capital.”


The Investible Games Sydney is open to startups that have received less than $1M in funding to date.


To apply or for more information visit: https://investible.com/the-games/

The next generation of trans-Tasman leaders to meet in Auckland

  • Written by BCA

For the first time the ANZLF will bring together the next generation of trans-Tasman leaders.

 

The selected leaders will meet in Auckland tomorrow for the ANZLF’s newly established Emerging Leaders Programme.

 

The ANZLF, Co-Chaired by Carnival Chair Ann Sherry AO and Auckland Airport CEO Adrian Littlewood, brings together business and government leaders to help Australia and New Zealand prosper.

 

The programme was driven from a shared aspiration between the ANZLF Co-Chairs that a new generation of business and community leaders would drive innovation and harness the opportunities presented by the strength of the trans-Tasman relationship that is built on history, geography, values and enduring mateship.

 

ANZLF Australian Co-Chair Ann Sherry AO, is proud to be launching the programme to support the development of the next generation of leaders, and understands that great leadership and innovative thinking is required to continue to strengthen the trans-Tasman relationship.

 

“In a few words, I would describe the attributes of a great leader to be; vision, humility and an ability to attract great people.

 

“By fostering the development of future trans-Tasman leaders, we can ensure we have the right succession plan in place to continue to build on the strong relationship, and drive innovation and economic growth in both countries,” Ann said.

 

The group, co-chaired by Economists Without Borders CEO Nicholas Johnson and Student Volunteer Army Founder Sam Johnson, were surveyed with 80 per cent agreeing the trans-Tasman relationship was more important than other relationships for both countries.

 

ANZLF Emerging Leaders Australian Co-Chair Nicholas Johnson said he is looking forward to bringing this group together in Auckland.

 

“The role future business leaders have in continuing to build on the strong relationship between Australia and New Zealand is incredibly important for continued prosperity across both the countries. I’m thrilled to be a part of this journey.”

 

The programme will provide thirty-two selected emerging leaders with access to some of Australia and New Zealand’s most senior business leaders for a briefing on trans-Tasman relations, along with leadership coaching.

 

The emerging leaders will also be invited to attend the ANZLF’s Celebration Dinner and the Forum meeting, attended by key Ministers and senior business leaders from across the Tasman.

 

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