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Project Category: Incubators and Accelerators
The name Cultovate is an abbreviation of two words: intercultural innovation. The term represents the fostering of growth that occurs in new businesses and the innovation that comes from diverse thinking and decision making.
Cultov8 is an incubation process created as a landing place for solutions to social issues which are in the very early stages of ideation.
Most incubators/accelerators/vc’s require a basic level of maturation before an idea can be pitched, yet many hackathons result in ideas only – they’re not ready for pitching and not ready for formal, structured pathways to incubation.
What we do
We harness Australia’s cultural, language and faith diversity to power the creation of innovative solutions to important social issues. We do this by incubating solutions which are created at social impact hackathons such as the Techfugees Melbourne Hackathon. We do this at no charge because we want to support new ways of working to solve social issues.Why we do it
Hackathons are awesome! People form teams, come up with great ideas in 48 hours and work them into solutions. The problem is though that there’s often no after-hackathon support so ideas fall over. That’s where we come in.
We nurture ideas for 10 weeks and then help teams to find ongoing support such as formalised incubators, accelerators or even venture capital if the team and idea are ready to commercialise.
How it works
Cultov8 is a hybrid of online and face to face enterprise development. We use weekly online discussion webinars, match mentors and hold full day sessions including pitching for teams to come together to focus on working on their start up.
Other Areas of Society Impacted: refugeesTechnology focus:
- Open Data
- Open Knowledge
Areas of DSI:
- Mobile Apps
- P2P – Distributed. Exchange Networks
- Online Peer Support
Activity Roles: Delivery Lead
- Awareness Networks
- Collaborative Economy
- Funding Acceleration and Incubation