International Incubator Program
The International Incubator Program assists startups and SMEs launch into Europe or Asia via the ThincLab network of international incubators.
Take a look at the video from Cohort 1 of the program below!
A pathway to global success for Australian startups and SMEs.
Applications are NOW OPEN for Cohort 2 of the ThincLab International Incubator Program which will commence in February 2020.
This program is for Australian based startups and SMEs looking to explore opportunities to expand into Asia or Europe via ThincLab Singapore and ThincLab Chalons (France).
To apply, please complete an application below.
Places are limited.
There are two key components to the program.
This component includes six workshops held at ThincLab Adelaide and supported by an online learning platform. Participants based regionally or interstate are invited to join via video conference.
The workshop topics are as follows:
- Doing Business in France/Singapore.
- World-wide Opportunity Identification and Value Proposition.
- International Business Model Development.
- International Financial Modelling and New Venture Finance.
- International Law.
- Pitching and Communication across Borders.
In addition to the group workshops, businesses will have access to mentors throughout the program to assist them with developing an internationalisation strategy, and be provided with networking opportunities and access to key University resources including use of a hot desk at ThincLab.
60 startups/businesses will be selected to undertake the internationalisation program over three cohorts (20 per cohort).
2. International Expansion Implementation
Following the 6-week program 6 startups/businesses (18 over three cohorts) will be selected to travel to either ThincLab Châlons (France) or ThincLab Singapore to undergo incubation for a period of up to 12 months, including a one-week intensive induction on-ground.
These startups/businesses will be exposed to a range of contacts, mentors, networking events, and facilities, ultimately assisting them to immerse in the culture, society and business world of Europe or Asia.
The 18 successful startups will be eligible for two return flights to either France or Singapore, an allowance for accommodation and incidentals, and all incubation costs will be covered.
Eligibility and selection
The ThincLab International Incubator Program is open to any startup or business from Australia.
The International Incubator Program has a two-step application process:
Selection for the 6-week internationalisation program will be based on the merit of the application as well as a screening interview. Factors taken into consideration will be:
- Potential for the business to successfully internationalise within the next 5 years.
- The capacity and capability of the applicant/s.
- Potential for the program to support business with its objectives.
Selection for the International expansion Implementation component of the program (incubation in either ThincLab Châlons or ThincLab Singapore) will occur at the conclusion of the 6-week internationalisation program. Selection will be based on:
- Overall Performance in 6 week program.
- Development of a strategic internationalisation concept plan.
- Availability to travel to International Incubator.
Applicants for this component may be required to pitch to a selection panel comprised of a representative from the University of Adelaide, a representative from entrepreneurial/business community/government and a representative from overseas ThincLab of choice.
The final decision as to which startups/businesses will be accepted into the program will be made by a selection panel comprising:
- The International Incubator Program Director.
- Director, ECIC.
- External panel member.
Unsuccessful applicants can apply again for future cohorts.
Acceptance into the 6-week internationalisation program does not guarantee selection for International Expansion Implementation (incubation in ThincLab Châlons or ThincLab Singapore).
|Cohort 2||Cohort 3|
24 January 2020
1 August 2020
6 February 2020
4 September 2020
Incubation in ThincLab Châlons or ThincLab Singapore for selected startups/businesses commences
For all enquiries please contact the International Incubator Program Manager:
+61 8 8313 8358
The project is supported by the Australian Government Department of Industry, Innovation and Science through Incubator Support Initiative funding as part of the Entrepreneurs' Programme.