Powered by 3 Day Startup and the Queensland Government
3DS Advance Queensland, a partnership of the Queensland Government and 3 Day Startup (“3DS”), will provide approximately 100 standout Queensland university students with intense entrepreneurial training so that they can kickstart a startup idea, and build entrepreneurial thinking and learnings into their lives.
This initiative centres around the 3 Day Startup program, a 72-hour learning-by-doing workshop that teaches entrepreneurial skills to university students in an extreme hands-on environment.
Young Queensland entrepreneurs will have the opportunity to participate in a 3 Day Startup program in one of the following locations:
WHAT HAPPENS AT A 3DS PROGRAM?
Bootcamp (1-2 weeks before program date): 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.
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 invite students with a wide range of backgrounds, cater 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.
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, complementary skill sets collide, and friends are made. The best case scenario is that you will become a cofounder of a wildly successful new tech startup.
I’m a student majoring in a subject other than business or technology; should I even consider applying? The short answer is: “Yes.” Our past participants have spanned everything from a freshman 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. Our selection criteria for ideas are (1) your amount of passion and (2) the amount of research on your own idea that you perform.
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, You can check out some of the companies that have been started by 3 Day Startup Alumni here. Our primary success metrics are learning outcomes and companies launched. Per program, 3 Day Startup results in more successful startups than any other weekend entrepreneurship event. When we say startups, we mean the real thing: companies that are making money or taking investment. We have run 300+ programs in the US and internationally, and those have given rise to 90+ companies that have received over $85 million in funding. 34 companies from 3DS have been accepted to accelerators such as Y Combinator, Tech Stars, 500 Startups, Capital Factory, and Dreamit Ventures. On average, most 3 Day Startup programs –– in both mature and nascent university entrepreneurship ecosystems –– generate at least one successful startup.
CONTACT THE LOCAL ORGANIZING TEAM
For questions about the Queensland programs or sponsorship inquiries, please email Shayna Dunitz at email@example.com.
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