Female entrepreneurs will compete for 10 spots in the BlueChilli-run accelerator program and $100,000 in seed capital.
A machine-learning platform that creates ready-to-sign commercial contracts and a telehealth tool for pets are among the 20 female-led, early-stage startups selected to participate in a two-week bootcamp ahead of the first-ever SheStarts accelerator.
During the rapid validation bootcamp, the startups will prepare to pitch for one of 10 spots in the BlueChilli-run accelerator program, along with a $100,000 investment each in pre-seed capital.
The top 10 participants will be named at showcase event to be held in Sydney on December 8.
Partners of the program include ANZ, MYOB, Sunsuper, GSK and University of Technology Sydney, with the progress of the female founders to be captured on a documentary web-series.
The 20 participants cover a diverse range of sectors including health, education, smart cities, fintech, agritech, research, digital media, HR and diversity, based on a wide array of technologies including virtual reality, artificial intelligence, blockchain, web and mobile apps.
The finalists include Wendy Suen, whose Quivalence platform uses machine-learning to create “ready-to-sign” standard commercial transaction contracts that do not need further negotiation, by leveraging the information an enterprise already has on their customers.
HR innovator Eglatine Etiemble is developing a multi-sided marketplace called Boomerang Factory that matches employees seeking to develop skills with external organisations looking for interns.
In agritech and fintech, Noami Stuart’s FarmPay tool allows agricultural producers to receive real-time payment for on-farm grain sales, reducing their risk while also improving cashflow.
Meanwhile Claire Jenkins, a veterinarian with more than 12 years’ experience, has created a telehealth tool for pets called Vetchat.
SheStarts director and BlueChilli head of diversity Nicola Hazell said the 20 applicants were chosen from several hundred applicants who submitted entries in October.
“SheStarts received more than double the number of applications we have ever received for previous BlueChilli programs – even though it was only open to half the population,” Hazell said in a statement.
“Reports indicate women represent between 14 per cent and 24 per cent of startup founders, and when you look at those attracting investment, the stats are as low as 4 per cent. Australia is missing out on a huge economic opportunity.
“By sharing the stories of female-led startups and following their journeys as the go from idea to launch, we can showcase to the world the value of investing in women and inspire the next wave of female entrepreneurs to get started.”
The 20 startups are as follows:
- Airloom – Online platform providing simple planning for the things that matter most in life and death.
- audible – Mobile app providing audible braille for the built environment for the vision impaired.
- Austaxonomy – AI-driven virtual advisor that puts the accumulated body of law and professional knowledge at an advisor's fingertips.
- Boomerang Factory – Multisided platform matching employees seeking to develop skills and external organisations.
- Brontech – Incentivised sovereign identity infrastructure and personal data marketplace.
- FarmPay – Real time payment for on-farm grain sales to reduce risk.
- Gifts of Kindness – Online platform for useful gift selections to easily help friends and family.
- Habot – Wearable technology app helping kids with ASD fly through daily routines with a smile.
- Honey – An online collaboration tool, bringing the force of female collaboration to finance.
- iConnectEd – Gamified education providing game changing conversation about teens and social media.
- Longevity – Micro-savings app enabling users to put more into superannuation savings with every spend.
- MedApp – Reinventing healthcare communication.
- Quivalence – Machine-learning to create “ready-to-sign” standard commercial transaction contracts.
- Refni – Discovery Engine that lets you experience the world as someone else.
- Research Tools of the Future – The research scientist’s new best friend. Sample sharing platforms for effective research.
- Shape Your City – Crowd sourced cities, harnessing community ideas and actions to build better neighbourhoods.
- SheMakes – Fashion meets tech through interactive electronic jewellery for young girls.
- Social Qs – VR gamification for unconscious bias training to tackle workplace discrimination.
- Sprout Kitchens – Double-sided marketplace for kitchen space outside of trading hours.
- com.au – Telehealth for pets, providing professional vet consultations online.