3DS Wade Institute
22-24 September 2017 Wade Institute
3 Day Startup is a 72-hour learning-by-doing campus workshop that teaches entrepreneurial skills in an extreme hands-on environment.
WHAT HAPPENS AT A 3DS PROGRAM?
Bootcamp (14 September): Participating students meet, get introduced to key entrepreneurship principles, and learn best practices for maximizing the 3 Day Startup program experience.
Day 1: Participants arrive – with or without startup ideas – and a facilitator leads the group through dedicated brainstorming, preliminary pitches/feedback, and team selection modules. Some teams work late into the night and others prefer to rest up in preparation for day 2.
Day 2: Customer discovery (teams exit the building or hit the phones and talk to potential customers), structured mentorship, intermediate pitches and feedback sessions. Day 2 places heavy emphasis on business model generation. Save & Exit
Day 3: Continued execution (including pitch workshops) leading into final pitches/demos to an esteemed panel of mentors and investors.
FREQUENTLY ASKED QUESTIONS
What does the weekend look like? You and 39 other students will start a company over the course of three days. We will be using the purpose built entrepreneurship education facilities at the Wade Institute and together with 40 students from a wide range of backgrounds, catered food, drinks, snacks, and coffee, pick the best idea for a startup during the Friday brainstorming session, and release a minimal prototype by the end of day 3. The goal is to build enough momentum among a network of motivated people to sustain the company beyond the weekend.
What is the Wade Institute? The Wade Institute is creating the next generation of innovative entrepreneurs and is home to The University of Melbourne’s Master of Entrepreneurship. The Master of Entrepreneurship is a collaboration between the University of Melbourne’s Faculty of Business and Economics, the School of Engineering and Ormond College and is an integral part of the University’s commitment to creating a vibrant entrepreneurial ecosystem. The Wade Institute exists to attract individuals with a passion for entrepreneurship and unlock their capacity to perform at their highest level. Find out more here: http://www.wadeinstitute.org.au/
If I participate, what do I get out of the weekend? The worst case scenario is that you will work with brilliant people from numerous disciplines toward the common goal of building real companies and products. Great connections happen at 3 Day Startup: cofounders meet, complimentary skill sets collide, and friends are made. The best case scenario is that you will be a cofounder of a wildly successful new tech startup.
I’m a student majoring in X. Should I even consider applying? The short answer is: yes. Our past participants have spanned everything from a first-year in Psychology to a freshly minted PhD in Neuroscience. If you’re at all passionate about startups and technology, it is likely that you will be a valuable participant.
What kind of ideas are allowed? Ideas with scalable business models are strongly preferred. The selection criteria for ideas are (1) your amount of passion and (2) the amount of research on your own idea that you perform before your interview.
What about food? Sleep? 3DS caters all meals, drinks, and in-between snacks. Sleep is optional.
What is your rate of success? First of all, check out some of the companies that have been started by graduates of 3 Day Startup here. Our main metric for success is how many of our alumni found companies that take investment, generate revenue or enter incubators. It is common to hear the word “startup” get thrown around. When we say startup, we mean the real thing: companies that are making money or taking investment. Per program, 3 Day Startup result in more successful startups than any other weekend entrepreneurship event. We have run 130+ programs in the US and internationally, and those have given rise to 79 companies that have cumulatively received over $49 million in funding. 29 companies from 3DS have been accepted to accelerators such as Y Combinator, Tech Stars, 500 Startups, Capital Factory, Austin Technology Incubator and Dreamit Ventures. On average, each 3 Day Startup program has generated more than one successful startup. This includes programs in mature and nascent university entrepreneurship ecosys tems. More FAQs here.
THANKS TO OUR PARTNERS
CONTACT THE LOCAL ORGANIZING TEAM
For questions about the Wade Institute, 3 Day Startup @ Wade Institute or sponsorship inquiries,
please email our lead organizer
Vesta Gheibi at firstname.lastname@example.org
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