Saturday, October 20

CUA Conduit Pre-Accelerator Program now open for applications

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Aspiring entrepreneurs looking for support and mentorship to turn their idea into a strong business proposition are invited to apply for a 12-week placement based at River City Labs’ innovation space in Brisbane.

Australia’s largest credit union CUA is once again sponsoring the CUA Conduit Pre-Accelerator Program (formerly called the CUA Sponsored Entrepreneur Program) which provides startups with full-time desk membership to help accelerate their ideas. Under the membership, the teams receive support such as structured mentoring, specialist masterclasses and support with publicity and promotion.

CUA has been supporting River City Labs since 2015 and has sponsored 25 teams to date. The collaboration is part of CUA’s innovation strategy and the member-owned organisation’s focus on leveraging external expertise, tapping into innovative new ideas and supporting startups to develop solutions to real-world problems.

River City Labs CEO Peta Ellis welcomes CUA’s continued involvement in the program.

“We are looking forward to partnering with CUA again to deliver an expertly tailored program to drive innovation for micro-business. We expect to see a high calibre of applications from teams with products already in the market, that will gain value from the workshops and mentor sessions and ready to fast track their progress,” Ms Ellis said.

CUA Head of Innovation Melissa Witheriff said she is looking forward to seeing new, innovative business ideas being nurtured and developed.

“We’ve seen previous groups of entrepreneurs identify a significant market need and respond with unique ideas that were turned into value-added solutions. This program is an excellent opportunity for startups to lay the foundations to become strong global businesses,” Ms Witheriff said.

Applications are now open until 11.59pm AEST 11 June 2018.

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Paul Towers is a passionate supporter of the Australian startup ecosystem and the Founder of Startup Soda. Originally, Startup Soda was solely a newsletter that helped curate the best content from the Australian startup community, more recently however it has turned into a media platform with the aim of improving coverage of Australian Startups, Founders and VC's.

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