77 Venture Challenge

From Pitch Ready to Investment Ready

The 77 Venture Challenge is a 12 week program designed for early stage ventures preparing to raise pre-seed, seed or pre-Series A capital.

The program's structure emulates an investment deal process with one major exception - ventures receive constant feedback and full transparency from the 77 Partners team.

This enables founders to understand how a prospective investor evaluates their venture and how best to prepare for fundraising.

Ventures don’t have to pay money or issue equity to participate in the program. By the end of the program, at least one venture is offered an investment from 77 Partners of at least $100,000.

Actionable, Next-Level Outcomes

  • Curated, one-on-one meetings with relevant Venture Capital firms (including QIC backed investment funds)

  • Support to navigate funding rounds (the majority of past participants have succeeded in raising capital)

  • Assistance to apply for high level, follow-on opportunities (including Y Combinator - eg. GreaseBoss, Endla, Edexia)

Light Touch - High Impact

The program is fully remote and is designed to accommodate founders’ busy schedules with a couple hours of touch points per week.

  • Weekly one-on-one sessions with the 77 Partners team

  • International investors and founders including top level funds and unicorn level startups

  • Cohort sessions covering fundraising strategy and overcoming associated challenges

Eligibility

The 77 Venture Challenge is currently open to ventures headquartered in Queensland. The program is targeted at early stage ventures with a frontier tech focus (Advanced Manufacturing, Artificial Intelligence, Clean Technology, Extended Reality, Internet of Things, Quantum Computing, Robotics or related technologies).

Ventures which have already developed a pilot product and/or recently entered the market in a priority sector (Agriculture, Climate, Construction, Infrastructure, Logistics, Manufacturing, Resources, Security, Space, Utilities or related sectors) are encouraged to apply.

Past Guest Speakers

Timeline

FAQs

  • No, ventures are not required to issue equity or make payment in order to participate in the program.

  • ​The program is best suited to ventures approaching pre-seed, seed or pre-series A investment. As long as you are at this stage you are encouraged to apply, no matter if you’ve already raised capital.

  • The program is delivered online, except for the kickoff and end-of-program events, which will take place in Brisbane.

  • ​The program requires about two hours of contact time per week. It is designed to allow for maximum flexibility. We let each venture confirm the areas they want to concentrate on. Of course, the more you put into the program the more you’ll get out of it and the better prepared you'll be to raise the next stage of support.

  • The terms of the investment will be negotiated fairly and by mutual agreement by the end of the program.

  • The program is currently open to ventures headquartered in Queensland.