Frontier Incubators is a search for innovative incubators and accelerators in the Asia-Pacific that are delivering impact through their work that supports the Sustainable Development Goals. This initiative of the Australian Government Department of Foreign Affairs and Trade’s innovationXchange is being delivered by Conveners.org, SecondMuse and ygap.
Organisations from across the Asia-Pacific have been selected to participate in the Frontier Incubators capacity building program.
We have assembled a group of global leaders in incubation and acceleration, the Frontier Incubators Program Partners, to guide the process, and to design and deliver world-class support.
This programming consists of:
A week of intensive training workshops with program partners
A customised capacity building program, designed and delivered by a select partner who will work closely with their team over the program duration
A series of webinars and seminars are also being delivered on seven key topic areas:
Business models for financial sustainability and stability
Managing impact for the incubator or accelerator
Managing impact for ventures / enterprises in cohorts
Supporting mentors and building mentor networks
Scaling or replicating programs
Addressing gender and power issues
Q. How do we define incubators or accelerators?
A. Incubators and accelerators share a set of program characteristics that distinguish them from other forms of capacity development services. Specifically, they are time-limited programs that work with “cohorts” or “classes” of enterprises to provide mentorship and training, with a special emphasis on connecting early stage enterprises with investment (source: GALI).
Q. What do we mean by impact?
A. Broadly speaking, this is about contributing to the Sustainable Development Goals. We have a strong preference for organisations that are measuring their impact.
Q. Who will provide the training, mentoring, and support?
A. The Program Partners - these global leaders in the field of incubation and acceleration are training and mentoring the selected participants. They have designed and are delivering world-class support to help strengthen their program and improve their services.
Q. Is there prize money or grant funding attached to the program?
A. While we will cover associated costs (e.g. travel and lodging required to participate), participants will not receive any direct funding.
Q. How many organisations will be selected to participate in the program?
A. There are 31 organisations participating in the program.
Q. We were not selected for this program, are there other ways we can receive support?
A. Our program seeks to share / open-source the training materials and we will work with our partners to localise these resources where possible, in order to benefit a greater cohort of incubators and accelerators in the region.