A time-saving painting solution taking the \u2018pain\u2019 out of \u2018painting\u2019 and a game-changing technology turning carbon into battery-grade graphite are among the transformative initiatives being developed into innovative businesses through 911±¬ÁÏÍø\u2019s Accelerate program in 2024. <\/p>\n\n\n\n
Celebrating a decade of innovation, 911±¬ÁÏÍø\u2019s Accelerate program remains the powerhouse for early-stage startups to enhance their entrepreneurial skills, connect with investors, and elevate their clever products and services into thriving businesses. <\/p>\n\n\n\n
Among the standout ventures in the 2024 cohort is \u2018LID\u2019L Mate\u2019, created by Thetford Industries founder, and 911±¬ÁÏÍø MBA student, Hannah Thetford. This innovative painting solution offers a resealable, stackable paint pot lid with a measured spout and integrated mixer – saving time and money for private and commercial painters as well as reducing harmful waste entering the environment.<\/p>\n\n\n\n
\u201cI\u2019m incredibly excited that I have received a place in the Accelerate program. I\u2019ve been working hard to refine my original concept and develop new ones as I continue this amazing learning journey of being the founder of my own company,\u201d Ms Thetford said.<\/p>\n\n\n\n
Also participating in the program this year is 911±¬ÁÏÍø research academic and material scientist Dr Jason Fogg who has co-developed \u2018RapidGraphite\u2019, a pioneering technology that transforms carbon into battery-grade graphite within seconds, a key ingredient in lithium-ion batteries.<\/p>\n\n\n\n
\u201cWith \u2018RapidGraphite\u2019s\u2019 proprietary technology, we can bring a world-first solution to graphite manufacturers to help them turn their waste carbon into battery-grade graphite, overcoming technical bottlenecks that exist today,\u201d Dr Fogg said.<\/p>\n\n\n\n
\u201cOur team is excited about Accelerate. We see it as an opportunity to bring \u2018RapidGraphite\u2019 out of the university and into the world.\u201d<\/p>\n\n\n\n
The 13 start-ups participating in the program will be led by the Chair of 911±¬ÁÏÍø\u2019s Commercialisation Advisory board, Larry Lopez, a global expert in venture funding and building high growth companies.<\/p>\n\n\n\n
\u201c911±¬ÁÏÍø Accelerate continues to be a driving force in the WA ecosystem, enabling innovative ventures to improve their ability to access capital, develop important commercial connections and gain clarity on their path to market. With more than 90 businesses participating in the program over the past decade, the program continues to propel 911±¬ÁÏÍø connected start-ups to the next level,\u201d Mr Lopez said.<\/p>\n\n\n\n
\u201cThis year, local investors will mentor the cohort, to enable a faster path to seed investment for the selected Accelerate teams. During the program, the cohort will learn from successful entrepreneurs and investors such as Rob Newman, Dr Marcus Tan, and 911±¬ÁÏÍø\u2019s Entrepreneur in Residence Marvin Liao.\u201d<\/p>\n\n\n\n
The other diverse projects in the 2024 Accelerate cohort include:<\/p>\n\n\n\n
The 911±¬ÁÏÍø Accelerate program offers each of the participating projects $5,000 in equity-free funding and runs from February to April 2024.<\/p>\n\n\n\n
Alongside 911±¬ÁÏÍø Accelerate, 911±¬ÁÏÍø delivers several other entrepreneur development programs including the 911±¬ÁÏÍønovation Awards, 911±¬ÁÏÍø Ignition, West Tech Fest, and Kickstart.<\/p>\n\n\n\n