of start-ups and new businesses fail
fail to qualify for and enter accelerator programs
of businesses fail due to poor strategic management
lack an understanding of market need
While Victoria's start-up space is growing and levels of entrepreneurship are at historically high levels, many entrepreneurs get left behind or fall short when it comes to identifying and acquiring investors. One of the fundamental causes of this is that many entrepreneurs lack the knowledge and awareness required to promote their respective enterprises at the accelerator stage.
There is, therefore, a clear need for a fully developed pre-accelerator module to complement, integrate, and prepare aspiring entrepreneurs and enterprises for accelerator programs in a manner that scales their ideas into legitimate business opportunities. JumpStartMe's module integrates easily into existing programs to help this process along.
The fundamental knock on most enterprises and ideas that at the accelerator and funding stage is that many lack a sense of business readiness and viability. While most ideas may appear good in theory, many entrepreneurs struggle in communicating the overall value and marketability of their projects.
Given this clear need, JumpStartMe's model validates ideas that are not business ready in preparation for accelerator qualification and enables them to more likely resemble a business proposition.
At the heart of any successful enterprise is a formidable go-to-market and revenue generation strategy. Without a clear vision of how to accomplish objectives, even the most fortunate entrepreneurs will have short-lived success. Unfortunately, strategy formulation and conceptualisation is precisely where most enterprises struggle.
JumpStartMe's module is highly tailored to help SMEs structurally improve their strategy, better understand their business, and become more competitive. This is especially true and viable in segments that are becoming increasingly saturated.
CHIEF EXECUTIVE OFFICER
Our passion directly stems from our belief in Australia's huge talent pool of entrepreneurs and personnel, which is not currently being fully utilized - mostly due to the fact that they aren't getting the help they need. Far too often, we come across great ideas that fail to materialise into thriving enterprises and businesses.
JumpStartMe was set up to alleviate this by validating and progressing these new innovative ideas into sustainable and growing businesses. Our team is very much looking forward to helping various regions across Australia ignite the entrepreneurial fire within by working with organisations that carry out local business development initiatives.