Brisbane, 31 July 2015: Startup hub and coworking community River City Labs has today announced a trial partnership with muru-D, the global startup accelerator backed by Telstra, to deliver the inaugural ‘River City Labs Accelerator’ program.
Set to kick off in September, the River City Labs Accelerator program will run over 14 weeks and offer a combination of seed capital, coworking space, mentoring, training and access to global networks, to five local technology companies.
General Manager of River City Labs, Peta Ellis, said: “This partnership with muru-D is an exciting next step for us. It will be fantastic to be able to leverage muru-D’s best practices, resources and guidance to shape the content and inform the delivery of our accelerator program. Local companies will share in the wisdom of some of the most experienced business people in the world. We are thrilled to be working alongside some of the greatest tech minds in the startup ecosystem to deliver our first accelerator program right here at River City Labs.”
Applications to be part of the River City Labs Accelerator program are now open, with a Queensland regional roadshow running from 3-14 August. The roadshow events are designed to give local startups the opportunity to learn more about the program before they apply.
Entrepreneur in Residence for the program, Aaron Birkby, said: “River City Labs’ partnership with muru-D is a major win for local startups and a great endorsement of our growing ecosystem. We’re looking forward to uncovering some world class talent and finding the very best digital startups to fast-track through this intensive River City Labs Accelerator program.”
Entrepreneur in Residence at muru-D, Mick Liubinskas, added: “Brisbane has been one of the fastest growing, most active cities in Australia for early stage technology companies. Our goal is to support it by sharing all the things we’ve learned and developed at muru-D to see more successful, global companies over the next ten years.”
Accelerator Program Key Dates
Applications open: 31 July 2015
Applications close: 10pm, 16 August 2015
Class #1 teams announced: 31 August 2015
Program commences: 14 September 2015
Program concludes: 18 December 2015
Laura Blue, Launch Group
About River City Labs
River City Labs is Brisbane’s premier co-working community and central clubhouse for tech startups. They are a not-for-profit organisation aimed at fostering Queensland’s startup ecosystem.
Current membership sits at over 100 members ranging from early stage startups and founders to established startups and entrepreneurs who have successfully raised capital in the last 18 months.
River City Labs focuses on providing the right environment for entrepreneurs to make valuable contacts while learning from peers, mentors and industry experts helping them to connect, work and grow.
muru-D is the startup accelerator backed by Telstra, which aims to support the very best tech entrepreneurial talent that the Asian Pacific region has to offer. Through providing mentoring, tailored acceleration services and investment to early stage technology companies, muru-D’s goal is to help Australia and South East Asia become a centre for digital business.