Applications are now closed for our October 2022 program start date.
Our next intake will commence in March 2023
$500 + GST
Start your new business in a highly supported environment, applying techniques used by successful startups all over the world.
Runway’s Incubator program is delivered over six months in a combination of online content, activities and live group zoom sessions. The live zoom sessions are held Mondays and Tuesdays between 10am to 12noon and focus on applying the content to your business idea.
Supplementing this program is a series of Masterclasses where we invite subject matter experts to provide further insight into the topics of:
- Time Management
- Digital Marketing
- Legals and IP
- Grants and Capital Raise
The overall objective by the end of the Incubator Program is for you to have your first version of a product and/or service ready for market. We refer to this version as your minimal viable product (MVP).
Future program starte dates:
- 10 October 2022
The true cost of the Incubator program is $10,000 + GST per participant.
However, we are able to heavily subsidise our October 2022 program through the support from our funding partners.
The subsidised program fee for the October 2022 Incubator is $500 + GST per participant.
Implement your new business startup plans
This is a six month program (24 week) consisting of 2 days per week (Monday and Tuesday) self-paced online and applied learning, and expert facilitated group sessions.
It is a supportive and practical program which will help you start your business, leveraging the knowledge of experts. Participants are pro-actively coached by Runway’s experienced facilitators.
You will develop and validate your Minimum Viable Product (MVP), implement your new business plan and structure, and pitch to potential investors.
How much does this program cost?
The May 2022 subsidised program cost is $1000 + GST per participant.
What are my options to pay for this program?
You can pay in a couple of ways; upfront, or we can arrange a payment plan to spread the investment required into smaller parts over time.
What are the class sizes for this program?
As the program is delivered in a blended mode, the online live zoom session may have up to 30 participants. However, the agile checkin days will be be capped at 15 participants.
What if I decide not to proceed with my new startup business part way through the program?
We don’t provide refunds, but the competitive entry process for this program requires that you have a tested and validated business opportunity ready to progress before commencing, so it’s unlikely that you will find yourself in this position. But if you do, that’s okay… celebrate the fact that you’ve failed fast and failed early, saving you more time and money – then take what you’ve learnt and apply it to your next big idea.
How will I be supported throughout this program?
You will have direct contact with the program facilitators who will coach and support you through the process; and access to the wider Runway Community through Masterclasses.
Is there a way I can test my idea before committing to the Incubator?
Absolutely! We also offer a 2-day intensive Bootcamp that takes you through your paces to be clear about your problem statement, who you are solving that problem for and the value proposition you believe you are offering. By the end of that Bootcamp, you will have a better idea as to whether you are ready for the Incubator.
What is the process once I submit an Application?
Once we receive your Application, you will be contacted by one of the Runway facilitators to confirm a time for a short interview. The interview is an informal chat to get to know you better, provide an opportunity for you to ask us questions and confirm that you are ready and able to commit to the six-month program.
Are you ready to launch your idea into the market? If so, please apply to our Incubator program by clicking on the apply button below. We will be in touch within a week to organise an interview with you before a final selection is made.
Not quite sure you are ready for our Incubator, perhaps try our Bootcamp program first, giving you the best shot at winning a place in the Incubator program.
Runway is grateful for the support and collaboration of its key partner organsations.
How can we help?
Connect with one of our friendly Runway staff to learn more, ask questions or get help. We would love to hear from you, so please provide some key details and we will be in touch as soon as we can.