bizStart is a unique "pre-commercialisation" program designed to facilitate the development of a realistic business plan as a precursor to launching a technology business. Aimed at very early stage start-up companies in the process of establishing their business, preparing a business plan and early seed capital raising.

Clients entering this program can cheaply lease a workstation and have access to all of the ATP Innovations facilities for a period of 6 months. The aim is to ensure that early stage ventures have every chance of becoming established, and once they have, moving into the bizConnect Program.

bizStart Program

• Bridges the gap between ideas and commercialisation.
• Allows a start-up venture to work up their business proposal.
• Can be a virtual program providing leverage into universities and other environments.
• Is a 3 month program with an optional extension for a further 3 months.
• Provides for preferential access to the main business program bizConnect.

bizStart Services

• Allocated workstation for 3 months
• Regular business progress reviews with a formal review after 3 months
  
• Access to meeting rooms and other facilities
• Reception & phone answering
• Telephone and Internet access
• bizNetClub membership
• Invitation to join bizConnect program after completion of period and if bizStart member meets entry criteria

bizStart Program Benefits

• Business mentoring and advice
  
• Creating a business in an emerging technology environment
  
• Leveraging ATP Innovations networks
• Flexible accommodation options
• Professional shopfront for your business
  
• Exposure through ATP Innovations marketing

bizStart Entry Criteria

Entry to bizStart is competitive and there is a set of requirements that must be satisfied to apply:

• Technology based business.
  
• Desire to be part of the ATP Innovations community.
  
• Initial business outline explaining the problem solved, potential market, competition and competitive advantage, route to market, business model and next steps.
  

bizStart Graduation Criteria (to bizConnect)

Successful graduation is defined by a number of factors which can be used to determine the successful development of a technology business including:

• Prepared a viable business plan
• Secured pre-seed or seed capital or have sustaining revenues to sustain business
• Clearly identified products/services (excluding consulting services)
• For bizConnect entry: Meet selection criteria

bizStart Exit Criteria

“Exit” may defined by a number of factors which can result in a business leaving the pre-incubator program including:

• Being unable to articulate a credible business plan/business model – as judged by formal review at either 3 or 6 months
• Contravening Licence agreement

What is the next step?