Applications have closed for CityConnect, Australia’s first smart cities accelerator

BlueChilli > Blog > Blog > Applications have closed for CityConnect, Australia’s first smart cities accelerator

Applications have just closed for CityConnect, Australia’s first smart cities accelerator and we have over 200 great applications to review.

Brisbane startups overtake Melbourne for the first time

Melbourne is a bigger startup community than Brisbane, right? Well, maybe not when it comes to ideas for smart cities startups — 24% of applicants called Brisbane home, compared to only 20% from Melbourne. It could be an artefact of the sample size but it’s the first time I can recall a BlueChilli program getting more applications from Brisbane than from Melbourne. Sydney entrepreneurs represented 31% of applicants, 13% were from international locations, 3% Canberra, 2% Perth, and 2% Adelaide. We also saw an unusually high percentage from regional Australia at 5%.

What’s in this for selected teams?

Next step in the process is selecting finalists who will be offered a place in our free bootcamp, which will help founders refine and market test their ideas further. That will result in the best applicants being offered a place in the accelerator program, located in Brisbane, Sydney or Melbourne.

In return for 15% equity, accelerator participants will benefit from:

  • A technology team to build a minimum viable product (MVP), saving $50,000 to $100,000 in development costs
  • Expertise including an assigned Product Manager and Entrepreneur-in-Residence, market-proven curriculum and a cohort of peers
  • Co-working space in Sydney, Melbourne and Brisbane throughout the six month accelerator program
  • Access to subject matter experts and customers to validate your idea
  • An initial $25,000 to get them started, with up to a further $250,000 in follow-on funding available

Best of luck to all the applicants, we’ll be in touch to let you know whether you’ve been selected for the bootcamp soon!