Are you a Startup?
Lion has partnered with Slingshot to deliver a 12-week program designed to produce the business model, traction and investment you need to succeed. If you're selected into the program in just 12 weeks Lion and Slingshot will help you to validate your business model, confirm you are developing a product or service customers want, build a minimum viable product (MVP) and demonstrate progress to advisors and investors.
The 12-week intensive curriculum covers:
- Business modelling
- Traction and customer insights
- Branding and marketing
- Financial modelling
- Pitch coaching
- Raising capital
All content will be delivered by the Program Director and Entrepreneur in Residence, supported by leading mentors who are experts in their fields.
What do we get?
- Selected participants receive up to $150,000 of investment and the opportunity to secure next round investment from Lion, the Slingshot Venture Fund and our investment partners (see investment terms)
- 12-week structured program, led by industry experts, designed to get you investor ready
- An additional 12-week incubation program for selected teams
- Work with the Lion Unleashed and Slingshot teams, as well as select Lion business unit teams to secure a potential deal
- Mentoring from industry experts, matched to you and your needs
- Influential partner and champion backing
- Access to international pool of investors
- Invitation to community events
- Branding and marketing support
- Legal and financial advice from Slingshot
- Inclusion in Lion Unleashed Accelerator media and events
What are the investment terms?
Slingshot will provide an initial upfront investment of $50,000 for 10% equity in your business.
Note: There are no hurdles to accessing this funding, all startups receive $50,000 on entry into the 12-week program.
Follow on from Slingshot
Unlike other programs, the Unleashed program offers the potential for a further $100,000 of follow-on funding from the Slingshot Venture Fund. To access this funding, you will need to receive follow-on investment from three or more investors. Importantly, the follow-on funding is at a valuation set by your startup with no discount.
Follow on from Lion
Lion may look to invest in select businesses after the completion of the Unleashed Accelerator. Any investment by Lion is at a 25% discount to your valuation (if within 18 months of joining the program).