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Genesis USYD

Sydney, Australiasydney.edu.au
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About Genesis USYD

Genesis USYD is a leading startup accelerator based in Sydney, Australia, operating out of the University of Sydney Business School's Discipline of Strategy, Innovation and Entrepreneurship. Since its inception in 2008, Genesis has been instrumental in nurturing over one thousand University of Sydney students, alumni, researchers, academics, and professional staff, empowering them to transform innovative ideas into impactful commercial and social enterprises. The program is committed to fostering a supportive entrepreneurial community through comprehensive mentoring, education, and networking opportunities.

At its core, Genesis offers a structured bi-annual accelerator program that provides participants with one-on-one access to a wide network of industry mentors and advisors, masterclasses, and a rich database of entrepreneurship resources. This intensive program is designed to guide founders through the critical stages of startup development, from refining business models to achieving market readiness. What sets Genesis apart is its commitment to equity-free funding, with the program culminating in a 'Finale' where top startups pitch for the coveted Genesis Prize, currently valued at A$30,000, along with other bespoke coaching and support opportunities.

Genesis plays a vital role in the broader University of Sydney's innovation and enterprise ecosystem, acting as a key vehicle for budding startups. The accelerator has a strong track record of success, with its alumni collectively raising well over $50 million in funding and achieving acceptance into prestigious global programs such as Y Combinator and StartX by Stanford. Notable alumni include BLOB, a live streaming startup; MedLase, which streamlines medical device manufacturing; Bella, a beauty services marketplace; and Jinolo, a 3D and 2D CAD file-sharing platform.

The program is co-headed by Anna Fitzgerald and Matt Bright, who bring extensive experience in innovation, entrepreneurship, and education to their roles. Under their leadership, Genesis continues to evolve, recently introducing initiatives such as the MLC Financial Clarity Prize, a partnership aimed at equipping emerging founders with essential financial planning skills. By focusing on practical guidance, industry connections, and substantial, equity-free seed funding, Genesis USYD distinguishes itself as a crucial launchpad for the next generation of Australian entrepreneurs with global ambitions.

Location
Sydney, Australia

Genesis USYD at a glance

Programme length
Approximately 8-10 weeks, run bi-annually
Equity take
0%
Cohort size
Approximately 10-12 startups per cohort
Demo day
The program culminates in a 'Finale' where the top startups pitch to a panel of judges and industry for the Genesis Prize and other awards.
Sectors
Sector AgnosticDeep TechCyberFintechAIHealthSocial EnterpriseSustainability
Stages
Pre-seedSeedEarly-stage (with a minimum viable product or proof of concept)
Notable alumni
BLOBA live streaming startup designed to improve audience engagement.
MedLaseA startup streamlining the complex manufacturing of medical devices.
BellaA social discovery and booking platform for beauty services.
JinoloA 3D and 2D computer-aided design (CAD) file-sharing platform.
Advoc8A B2B solution democratising the lobbying industry by providing equal access to public policy development.
DermScreenA digital skin check service utilising technology to tackle melanoma.
BackPro AIA custom AI provider.
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