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New Wave is an accelerator program based in Sydney, Australia, specifically designed to empower women in entrepreneurship. Run by UNSW Founders, a comprehensive university entrepreneurship program, New Wave aims to address the underrepresentation of women in the startup ecosystem. The program focuses on equipping aspiring female founders, including UNSW students, staff, researchers, and alumni, with essential entrepreneurial skills and confidence to launch new, women-led businesses. It is important to note that while the provided tagline mentions "textile manufacturing, textiles" and the website is "https://newwave-germany.de", this information does not correspond to the UNSW Founders New Wave accelerator in Sydney, Australia, which supports a broad range of innovative ventures across various sectors, rather than a specific focus on textiles.
Since its inception in 2017, New Wave has significantly contributed to fostering a more inclusive and dynamic startup community. The program boasts a notable achievement: startups originating from New Wave feature female founders at more than double the industry average, with over 44% of supported startups having at least one woman on the co-founding team, compared to the Australian average of 22%. This success is built upon a foundation of interactive workshops, dedicated mentorship from industry leaders, and personalised coaching sessions.
Participants in the New Wave program gain hands-on experience in crucial areas such as lean startup methodologies, effective branding, design thinking, and compelling pitching. The program culminates in a showcase event where top teams present their viable business ideas to industry leaders and judges, competing for significant non-dilutive cash prizes. Notable alumni have achieved substantial success, including Givvable, a platform for sustainable spending which has raised over $900,000 in grants and investments, and Glyde It, an innovative sanitary hygiene solution that secured a $425,500 government grant. Other successful ventures include Mileva Security Labs, RosterHive, Atoma, Milk Monster Project, and Understand Your Brain (UYB).
New Wave is offered multiple times annually in both immersive in-person and flexible virtual formats, making it accessible to a diverse group of women at the earlier stages of their entrepreneurial journey, even those without a fully formed idea or team. The program is free to participate in for eligible UNSW community members, further breaking down barriers to entry. Leadership within the broader UNSW Founders initiative includes David Burt as the Director of Entrepreneurship, overseeing the comprehensive suite of programs, while Victoria-Rose Tucker serves as the Program Manager for New Wave, guiding participants through their entrepreneurial development.
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