The Ascent Project

Empowering Women Founders

Powered by Fishburners, Sponsored by Westpac

With Westpac’s backing, Fishburners will be launching two programs under the Ascent Project aimed at increasing the representation of female founders in the startup ecosystem. 

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Our Mission

We’re doubling down on our mission not only to boost inclusivity and representation but establish them as enduring pillars in the startup ecosystem. In doing this, wish to not only inspire change but be the architects of a better, more diverse and inclusive future.

Westpac’s Commitment

Westpac Business Lending is committed to promoting financial inclusion and removing barriers for all business founders, including women.

In March 2023, Westpac announced new measures to help small businesses to get started or to grow with business loans for businesses looking to start-up or scale-up. These measures also help support Westpac’s $500 million commitment to back more women in business and comes as research from the bank reveals accessing finance is one of many challenges faced by female business owners*.

Westpac research shows 51 per cent of women plan to apply for finance to support short to medium business growth, yet more women find it harder to access finance compared with men (29% women to 21% men)*.

References:

*Research conducted by Lonergan Research in October 2023. It was an online survey conducted among a representative sample of over 500 Australian SME Business Leaders.

Program Details

The Ascent Project offers two distinct programs tailored to meet the needs of female entrepreneurs at different stages of their journey. Recognising the unique challenges and opportunities female founders may face, these programs aim to equip founders with the connections, resources, and guidance needed to navigate the complexities of entrepreneurship.

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The Ascent Project: Accelerator Program

Are you looking to scale your venture successfully?

Look no further, The Accelerator is a 7-week program tailored for post-revenue startups aiming to scale their business. Backed by intensive mentorship from seasoned specialists and industry leaders, this program will provide you with advanced strategies, tools, and mentorship to accelerate your growth.

What Is the Accelerator Program?

In this program, you will:

  • Implement advanced startup methods and growth strategies to further solidify your product-market fit.
  • Optimise stakeholder relationships through engagement mapping and strategic planning techniques.
  • Navigate growth challenges with effective prioritisation methods.
  • Utilise data analytics to make informed decisions and track the progress of your expanding venture.
  • Refine your business model scalability and validation processes.
  • Develop and execute an advanced go-to-market strategy to capture new market opportunities and accelerate adoption.
  • Explore strategic investment and funding options available to help scale your business.
  • Refine your pitch for Demo Day.
 

Who should apply?

The Accelerator is ideal for:

  • Post-revenue startups with established revenue streams looking to accelerate their growth and expand their market presence.
  • Startups looking to attract strategic partnerships, investment, or other forms of investment to fuel their expansion.
  • Startups aiming to optimise their business models, refine growth strategies, and capitalise on new market opportunities.

We encourage you to apply for the program, even if you don’t meet all the above criteria. Every entrepreneur’s journey is different and no application is ever the ‘perfect fit’ – so don’t be the one who holds yourself back!

Ready to Begin

The Accelerator has 20 spots available and is open to all startups, with one founder identifying as female or non-binary.

Apply now and let’s ascend together!

June 10, 2024

Applications open for
Accelerator Program

July 19, 2024

Applications close for
Accelerator Program

August 5, 2024

Start date of
Accelerator Program

September 27, 2024

Demo Day
Accelerator Program

The Ascent Project: Incubator Program

Embarking in April of this year, The Incubator has been a transformative journey aimed at supporting women through the earliest stages of entrepreneurship by providing them with the tools, resources and connections needed to turn their ideas into a scalable business. 

Over the course of six weeks, The Incubator guided 26 aspiring female entrepreneurs and idea stage founders through a specialised program aimed at helping them validate early business concepts and form the foundations of their next business venture. Our founders have been under the expert guidance of Dr. Leila Alem an innovation expert with over 25 years of experience in crafting digital products and services, with a proven track record in nurturing innovation programs and mentoring startups.

Watch the replay of our Incubator Demo Day to hear the innovation and tech solutions from a cohort of female entrepreneurs!

Meet The Facilitator - Dr. Leila Alem

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Leila is an innovation expert with over 25 years of experience in designing digital products and services. She helps businesses leverage emerging technologies to transform and create value in the digital age. Leila uses design thinking and agile methods to co-create digital strategies and roadmaps with clients across various industries, including aviation, mining, and healthcare.

She has a successful track record in building innovation programs and coaching startups, leading to commercialisation and awards. Leila is also an Adjunct Professor and a sought-after speaker on unlocking innovation through technology.


FAQ

Almost any and all! We are tech-agnostic and industry-agnostic! So, the world is your oyster. 

In saying this, both programs have been designed for tech startups (but don’t let that scare you or hold you off! You don’t need to be technical to start a tech startup!) This is just to say, that service or consulting-style businesses are less suited to the program and will therefore not be prioritised in selections. 

* Reminder that a non-technical background or having little to no-experience in technology or startups will not hinder your application. We’re here to give you a leg in (and up!), so don’t hold yourself back. We’ve got plenty of mentors, resources and tools that can help you navigate tech as a non-technical founder.

Depending on the program you choose, it will run for either 6 or 7 weeks. During this period, you’ll be expected to attend one, two-hour evening session per week, held after regular working hours. 

Additionally, you’ll need to allocate time to focus on developing your startup idea and collaborating with your mentors—this aspect is flexible and depends on your own schedule and commitment.

Yes, co-founders of any gender are welcome to join the Accelerator Program alongside you. 

We recognise that many successful startups are founded and run by diverse teams. The goal of this program is to support and empower women and non-binary entrepreneurs, so we encourage you to apply with your full founding team, regardless of gender.

Places in the Accelerator Program are awarded to startups, not individual founders. So having a male co-founder will not take an opportunity away from another female founder. Our aim is to build a cohort of diverse, talented teams that can benefit from the resources and support offered through the program.

Thanks to the support of Westpac, both programs are 100% free to join. No fees, no income sharing, and no equity. 

Fishburners is a not-for-profit and does not invest in startups. However, while we do not offer investment; connections and funding-readiness support will be provided in the program to assist you to raise investment or seek funding from alternative sources. Westpac will also be providing support tailored to the needs of the startup founders. 

FISHBURNERS FEST IS HERE!

Join us for a series of 10 dynamic events designed to elevate your startup journey!

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