

The National Roads & Motorists’ Association (NRMA) has selected six fledgling startup businesses to take part in the company’s first accelerator program ‘Jumpstart’.
Jumpstart is coordinated by Slingshot Accelerator its purpose is to identify and mentor trail-blazing startup and scale-up businesses.
NRMA Group CEO Tony Stuart said after a thorough submission and pitch process six startup businesses were offered places in the Jumpstart program.
“Our successful startups have a very steep business education ahead of them, each business group is given the opportunity to learn from the best,” Tony said.
“They will receive business advice, training and mentoring from recognised experts in the startup world.”
Jumpstart will give the six startups access to a potential customer base of 2.4 million people ‚Äì NRMA’s membership.
NRMA’s successful Jumpstart program participants are:
“We are thrilled with the diversity of our Jumpstart participants and have selected teams from Sydney, Melbourne and Brisbane. Participants are of all ages with two of the businesses established by young women,” Tony continued.
The NRMA has a long, innovative history spanning more than 90 years. Jumpstart will be repeated later in the year to give more smart thinkers with business ideas the opportunity to grow.
Jumpstart is supported by external partners, Artesian Venture Partners, UTS Business School, the University of Newcastle, PwC, Mitchellake Group and Sparke Helmore Lawyers.
Slingshot is Australia’s leading corporate accelerator program, working with clients such as Qantas, Lion Group, SEEK, Hudson, HCF, ING Direct, the NSW Government, the QLD Government and UTS. The startups and scaleups that have gone through Slingshot-run accelerators have a combined market capitalisation of more than $227M and over 82 per cent are still active or have been acquired.
The Slingshot methodology is validated and university accredited, with their STAR4000 course helping to equip the next generation of entrepreneurs. This year Slingshot also launched a new platform, CoVentured, to connect corporate Australia to a growing community of startups and scaleups. Founding corporates on the platform included Westpac, Woolworths, Optus, Australia Post, Energy Australia, Lendlease and Tabcorp.
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