UQ 2017-11-12T13:39:46+00:00

ABOUT SPIN LAB

“The Sports Industry is going to be transformed by innovation in the next few years”

– Steve Balmer – Ex Microsoft CEO, LA Clippers owner.

In 2017, HYPE Foundation established a global network of Sports Innovation accelerators (“SPIN Lab”), together with 4 leading institutes around the world in 3 continents. SPIN Lab combines four key elements of the sports innovation eco-system: Academia, Brands, Industry Experts and Startups.

Each SPIN Lab runs an innovative sports accelerator program while providing its participating startups with direct access to over 26,000 stakeholders in the world of sports. In each location we offer a 16-week accelerator program twice a year.

SPIN LAB PARTNERS

ABOUT SPIN LAB

“The Sports Industry is going to be transformed by innovation in the next few years”

– Steve Balmer – Ex Microsoft CEO, LA Clippers owner.

In 2017, HYPE Foundation established a global network of Sports Innovation accelerators (“SPIN Lab”), together with 4 leading institutes around the world in 3 continents. SPIN Lab combines four key elements of the sports innovation eco-system: Academia, Brands, Industry Experts and Startups.

Each SPIN Lab runs an innovative sports accelerator program while providing its participating startups with direct access to over 26,000 stakeholders in the world of sports. In each location we offer a 16-week accelerator program twice a year.

SPIN LAB PARTNERS

WHAT YOU GET

Become part and enjoy the largest sports-innovation eco-system in the world

Join HYPE’s No-Charge No-Equity 16 week acceleration program

Pitch to leading
sports investors and VCs

Be introduced to top global
sports brands

Gain valuable insights from
leading sports and academia mentors

Virtual Coffee with industry figures

Opportunity to participate in global SPIN Final events

Connection to state of the art research infrastructures

Boost your credibility

Become part of SPIN Lab’s
Alumni program

APPLY NOW
APPLY NOW

SCHEDULE

1

 1/11/2017

Applications Open

Submit your application
Look out for the SPIN Lab Roadshow
20-24/11

2

15/12/2017

Applications Close

3

12-14/1/2018

Bootcamp

20 selected startups will participate in a 3 days Bootcamp, where they pitch in front of the selection committee

4

 15/1/2018

Program Kickoff

Up to 12 startups will be granted a free spot in SPIN Lab cohort

5

 9/4/2018

Demo Day

Pitch your startup in front of crowd consists of investors and global sports brands

KEY FOCUS AREAS

ABOUT THE UNIVERSITY OF QUEENSLAND

The University of Queensland (UQ), located in Brisbane, Australia, ranks consistently among the world’s top 50 universities and delivers unparalleled teaching, research and innovation excellence to over 50,00 students annually. UQ’s global connections extend to over 400 institutional partners in approximately 50 countries across industry, government, sponsorship, philanthropy, higher education and research, and UQ regularly engages with over 250,000 active alumni.

UQ has a strong commitment to entrepreneurship and innovation. The university offers a range of entrepreneurial activities and spaces including startup events, speakers, pre-accelerator activities through UQ Idea Hub, UQ’s ilab accelerator and incubator, mentors, training and university courses.

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In the startup space, UQ’s ilab has also delivered over 10 startup accelerator programs and over $30m of early stage capital has been raised with UQ’s ilab startup companies in the past 4 years. The Spin Lab program will leverage UQ ilab’s expertise and its prime startup space in the heart of picturesque University of Queensland.

Beyond this, over $1B has been invested in UQ related companies through UniQuest, Australia’s leading commercialising entity specializing in the intellectual property of UQ.

UQ values sports innovation highly. From partnerships with high profile sporting teams, including the Brisbane Broncos (Rugby League) and Netball Australia, to excellence in research which has recently placed UQ 5th in the world for sport science, to its breadth of capability across human movements, technology, sports business and governance, UQ is well placed to champion sports entrepreneurship and sportstech innovation.

Unique to this Australian Spin Lab program, our hosted participants will be pitching at the Commonwealth Games, in April, to select investors, media and startup ecosystem stakeholders.

As a valuable feature of this very first Spin Lab Australia, UQ will be sponsoring (AUD) $25,000 of prize money (no equity) to the most successful UQ Spin Lab startups. As this is a national program, UQ will also be assisting with travel and accommodation.

For program-specific details, please visit UQ’s program page

ABOUT HYPE

HYPE Foundation is the largest sports innovation ecosystem with over 26,000 leaders and key decision makers in the field of sports, including sports and tech global brands, academia, investors and startups. HYPE is the host for global competitions, teaming up with Google, ASICS, Microsoft, and Sky Sports among others. In 2017 HYPE Foundation conducted several Sports Innovation (SPIN) Final competitions alongside the UEFA Champions League Final, NFL Draft and the 2017 Taipei Summer Universiade.

HYPE Foundation is the impact division of MG Equity partners, (EMGI), a British investment house, operating since 2003, a Member of the IHUB.EU – A European Union organization.
For more information visit www.hype-foundation.org

FOLLOWING THE SUCCESS OF PREVIOUS HYPE PROGRAMS

8 successful fundraising rounds

Over 200 connections with leading sport brands

160 connections made with investor

Hundreds of pitches to over 2,000 industry leaders

Publication of the HYPE Digital Magazine

FOLLOWING THE SUCCESS OF PREVIOUS HYPE PROGRAMS

8 successful fundraising rounds

Over 200 connections with leading sport brands

160 connections made with investor

Hundreds of pitches to over 2,000 industry leaders

Publication of the HYPE Digital Magazine

WHAT OUR CUSTOMERS & PARTNERS SAY ABOUT US

“​HYPE is like no other organization in the world! The work they are doing is good for the entire sports industry. The SPIN Lab specifically has a crucial role as it turns new ideas and technologies into an actual innovation that can be used in a meaningful way.”
Rod Nenner, VP at the Washington Redskins
“HYPE is connecting the dots, we bring together academia, brands and companies and in the very center are the startups- entrepreneurs with great ideas! By bringing all of these players together to the SPIN Lab program, all stakeholders receive a great value and impact the sports innovation eco-system”
Bernd Whaler, HYPE Chairman, ex CMO ADIDAS, ex President VfB Stuttgart
“I’m excited to launch the SPIN Lab and partner with the HYPE Foundation. This is a powerful program that takes sports startups to the next level, and as a university that proved to be at the forefront of sports management studies, we are certain this collaboration will be fruitful and impactful from academic and business standpoint.”
Professor James Skinner, Director of the Institute for Sport Business at Loughborough University
“All I can say is WOW, what an exciting experience it’s been being a part of HYPE program. Since being selected, I have seen my idea go from being good to great. Having the opportunity to present to sports industry leaders at venue like Google HQ has truly been a once in a lifetime opportunity.”
Leon Codner, Founder Shiva Cool Down Vest
“SPIN Lab is a tremendous opportunity for our students, alumni, faculty and Australian community to progress their sports technology start-ups and showcase them on a world stage. This program greatly compliments our positioning as an innovative world class university, offering enterprise education and networks to our community, in addition to commercialising our outstanding research in the sport space.”
Dr Sarah Kelly, Senior Lecturer, sports law and marketing, University of Queensland
“The SPIN Lab is an important conjunction point between ideas- and potential companies which will contribute to build a cluster of innovative sports companies in our region”
Paolo Bouquet, Associate Professor in Computer Science, University of Trento, Italy

PARTNERS

INVESTORS & MENTORS

Mike Levy
Mike Levy
Serial Technology Investor, Founder of SportsLine (Acquired by CBSSports)
Bernd Wahler
Bernd Wahler
Chairman of the Board, Ex CMO & VP Innovation at Adidas, Ex President of VfB Stuttgart, Founder & CEO Sportsgeist
Sébastien Audoux
Sébastien Audoux
Head of Sports Digital, Canal+
Uli Becker
Uli Becker
Ex. President & CEO, Reebok
Founder & CEO BECKEREI LLC
Rod Nenner
Rod Nenner
Vice President, Washington Redskins
Jennifer Langton
Jennifer Langton
VP at NFL
DR. Orit Mossinson
DR. Orit Mossinson
CEO at GetYou
Marco Suvilaakso
Marco Suvilaakso
Global Product Director at Polar
Guy-Laurent Epstein
Guy-Laurent Epstein
Marketing Director at UEFA
Mac Freeman
Mac Freeman
Senior VP at Denver Broncos
Celine Del Genes
Celine Del Genes
Global VP Concept To Consumer at Adidas – Football
Gerard Klein
Gerard Klein
Global General Manager at ASICS
Tal Bar Noah
Tal Bar Noah
Disruptive Technologies Fund
Iris Cordoba
Iris Cordoba
Managing Director at Global Sports Innovation, Microsoft
Javier Sobrino
Javier Sobrino
Strategic Planning & Innovation Director at FC Barcelona
Smaiyra Million
Smaiyra Million
Strategic Adviser, Babson College – Center for Women’s Entrepreneurial Leadership
Carlos Arthur Nuzman
Carlos Arthur Nuzman
President of Rio 2016 Olympic Committee
Robert Gierke
Robert Gierke
Ex. Director Marketing at Adidas

FAQ

Absolutely. Applications are welcome from outside the hosting region and country. If you see yourself as high potential company in the areas of sports-innovation, do apply. Some of our programs may offer travel and support assistance as well.

We are looking for sports innovation companies with the highest potential for growth and return on investment. Selected startups cover a wide range of sectors, product stages and sizes. Whilst significant revenue is a strong validation of your business model, we still value other metrics to assess your growth potential.

We are excited about working with founders who are really passionate about solving a big problem and have taken the first steps to building something that customers find valuable. While we have found that teams with multiple co-founders are able to dramatically improve their positioning and offering following the program, we do occasionally invest in single founders. Typically a single founder has a product with customer traction and is actively seeking a co-founder, which is something we can also help you with.

Yes, you can apply to more than one of our programs. Once we reviewed your application and qualified you to interview phase, we can decide together which SPIN Lab will be the most suitable program.

No – you are only required to fill out the online application and we’ll take it from there.

SPIN Lab accelerators receive several hundred applications so it is impossible to sign an NDA with every applicant. Nevertheless, we treat application data as confidential information. Our application does not ask for your “secret recipe” and there is no reason you have to disclose this to us. We may ask for proof of your Intellectual Property status, however this does not relate to the contents of your idea.

Once you’ve submitted your application, SPIN Lab program team will review your submission. If an initial fit exists between your startup and our program, we will get in touch to arrange an online interview.

After the online interview, you may be invited to join a 3-day Bootcamp at the program location. During Bootcamp you will be requested to pitch in front of the Bootcamp jury, consisting of the SPIN Lab program team, investors and top sports brands, who together make the final decision around the program’s participants.

Bootcamp invitations are usually sent at approximately two (2) in advance so the team will have sufficient time to plan accordingly.

No. We believe in people and ideas. If you are able to convince us that your idea has real growth potential and that your team has the right mixture of talent, experience and enthusiasm, we will be glad to have you on board.

No. We are also searching for companies start with $1m+ in revenue and/or $1m+ in funding. We also accommodate companies with pre-developed products and assist them with business model, introductions, financing, and more. Furthermore, HYPE also run additional programs for more advanced startups. When you apply, we will look carefully into your application form and details. If we see a possible match to one of our more advanced programs, we will gladly do the matching.

We are looking to identify great founders who are proposing products that solve real problems or create meaningful innovations. We rate applications mainly according to your market segment and potentials, quality of founders and teams, revenue model and a technical assessment.

Only twenty (20) companies are selected to participate in the Bootcamp, of which, up to twelve (12) teams will be invited to join SPIN Lab final cohort.

The duration of the accelerator program is 16 weeks, including the Bootcamp period. In some of our programs, after this period, few teams may be invited to stay in the accelerator premises and will enjoy our facilities and networking for an extended duration.

In the first program, we have decided to waive any rights to equity that would normally flow from a program of this caliber. This will most likely change in subsequent programs. We also to not ask for any participation fees, so practically the first program is provided for free.

HYPE introduces the largest sports innovation ecosystem with over 26,000 leaders and key decision makers featuring global sport brands, academia, investors and startups.

SPIN Lab program provides startups with direct access to the fastest growing network of sports innovation in the world. Participants will gain access to mentorship from top local and global industry leaders, connections with investors and worldwide exposure.

SPIN Labs hosted by global partners are designed to bring start-ups a real advantage in the market. The SPIN Lab program is built to address your specific needs in terms of completing market validation, finding strategic partners and customers, and fundraising.

Participating startups will gain direct access to the biggest and fastest growing global network of sports innovation as well connection to a wide range of stakeholders which could support their activities. In addition, they will experience state-of-the-art methods for scaling their startups during the program.

Ultimately, startups will be better placed to achieving their goals, especially in terms of go-to-market plans. At the end of the program the participating startups will be privileged to participate in the Demo Day event and pitch to a jury consisting of leading investors and top sports brands from HYPE eco-system and the local sports innovation community.

We do our best to avoid accepting competitive companies into the same program cohort. However, with the growing number of sports-innovation companies, it is possible that there may be competitive companies in one of the other SPIN Lab programs. In such event, we work to ensure there is no exchange of sensitive data. Remember that having two companies in the same area (not in the same program, though) could in fact provide stronger validation for your idea, and in cases there is mutual interest we can even connect between the teams for further collaboration.

Once graduated, you’ll become a proud member of the Alumni Growth program, which provides you with a continued access to a global eco-system of industry leaders, top brands, founders and mentors.

Most promising startups may be invited to participate in SPIN Final global events and advanced programs, such as HYPE’s TOP50 program.

Startups that are accepted to participate in any of the various SPIN Lab programs will have the opportunity to pitch their company to jury consisting of leading investors and top sports brands from HYPE eco-system and from the local sports innovation community.

While SPIN Lab is a major commitment, we do not require that you be primarily based onsite during the entire program. The program is made up of components of onsite and virtual support.  In most programs, it we expect up to 4 onsite visits will be required for the Bootcamp, Program kickoff, mid-program reality checks and the Demo Day. All other activities, seminars and mentoring will be supported virtually.

In most programs, co-working space for the program duration (within certain team size constraints) will be available.

We typically don’t directly provide accommodation as part of the program. However, we do provide in-depth support to help you find accommodation so the moving process as painless as possible.

If you think you are an expert in your field, and wish to give back to the sports innovation community, you are invited to contact us. We like to include in our eco-system people who enjoy working with startups and see SPIN Lab as an opportunity to:

– Network and co-work with the most ambitious and talented people;
– Get familiar with the newest technology and direct contact with its development;
– Invest into companies at the very beginning;
– Promote the development of the global and local sports innovation ecosystem;

If you find yourself in this description, we will be happy to have you as a mentor.

Didn’t find the answer you were looking for?

For program-specific details, please visit UQ’s program page
or Email us at [email protected] and we’ll get back to you shortly!

FAQ

Absolutely. Applications are welcome from outside the hosting region and country. If you see yourself as high potential company in the areas of sports-innovation, do apply. Some of our programs may offer travel and support assistance as well.

We are looking for sports innovation companies with the highest potential for growth and return on investment. Selected startups cover a wide range of sectors, product stages and sizes. Whilst significant revenue is a strong validation of your business model, we still value other metrics to assess your growth potential.

We are excited about working with founders who are really passionate about solving a big problem and have taken the first steps to building something that customers find valuable. While we have found that teams with multiple co-founders are able to dramatically improve their positioning and offering following the program, we do occasionally invest in single founders. Typically a single founder has a product with customer traction and is actively seeking a co-founder, which is something we can also help you with.

Yes, you can apply to more than one of our programs. Once we reviewed your application and qualified you to interview phase, we can decide together which SPIN Lab will be the most suitable program.

No – you are only required to fill out the online application and we’ll take it from there.

SPIN Lab accelerators receive several hundred applications so it is impossible to sign an NDA with every applicant. Nevertheless, we treat application data as confidential information. Our application does not ask for your “secret recipe” and there is no reason you have to disclose this to us. We may ask for proof of your Intellectual Property status, however this does not relate to the contents of your idea.

Once you’ve submitted your application, SPIN Lab program team will review your submission. If an initial fit exists between your startup and our program, we will get in touch to arrange an online interview.

After the online interview, you may be invited to join a 3-day Bootcamp at the program location. During Bootcamp you will be requested to pitch in front of the Bootcamp jury, consisting of the SPIN Lab program team, investors and top sports brands, who together make the final decision around the program’s participants.

Bootcamp invitations are usually sent at approximately two (2) weeks in advance so the team will have sufficient time to plan accordingly.

No. We believe in people and ideas. If you are able to convince us that your idea has real growth potential and that your team has the right mixture of talent, experience and enthusiasm, we will be glad to have you on board.

No. We are also searching for companies start with $1m+ in revenue and/or $1m+ in funding. We also accommodate companies with pre-developed products and assist them with business model, introductions, financing, and more. Furthermore, HYPE also run additional programs for more advanced startups. When you apply, we will look carefully into your application form and details. If we see a possible match to one of our more advanced programs, we will gladly do the matching.

We are looking to identify great founders who are proposing products that solve real problems or create meaningful innovations. We rate applications mainly according to your market segment and potentials, quality of founders and teams, revenue model and a technical assessment.

Only twenty (20) companies are selected to participate in the Bootcamp, of which, up to twelve (12) teams will be invited to join SPIN Lab final cohort.

The duration of the accelerator program is 16 weeks, including the Bootcamp period. In some of our programs, after this period, few teams may be invited to stay in the accelerator premises and will enjoy our facilities and networking for an extended duration.

In the first program, we have decided to waive any rights to equity that would normally flow from a program of this caliber. This will most likely change in subsequent programs. We also to not ask for any participation fees, so practically the first program is provided for free.

HYPE introduces the largest sports innovation ecosystem with over 26,000 leaders and key decision makers featuring global sport brands, academia, investors and startups.

SPIN Lab program provides startups with direct access to the fastest growing network of sports innovation in the world. Participants will gain access to mentorship from top local and global industry leaders, connections with investors and worldwide exposure.

SPIN Labs hosted by global partners are designed to bring start-ups a real advantage in the market. The SPIN Lab program is built to address your specific needs in terms of completing market validation, finding strategic partners and customers, and fundraising.

Participating startups will gain direct access to the biggest and fastest growing global network of sports innovation as well connection to a wide range of stakeholders which could support their activities. In addition, they will experience state-of-the-art methods for scaling their startups during the program.

Ultimately, startups will be better placed to achieving their goals, especially in terms of go-to-market plans. At the end of the program the participating startups will be privileged to participate in the Demo Day event and pitch to a jury consisting of leading investors and top sports brands from HYPE eco-system and the local sports innovation community.

We do our best to avoid accepting competitive companies into the same program cohort. However, with the growing number of sports-innovation companies, it is possible that there may be competitive companies in one of the other SPIN Lab programs. In such event, we work to ensure there is no exchange of sensitive data. Remember that having two companies in the same area (not in the same program, though) could in fact provide stronger validation for your idea, and in cases there is mutual interest we can even connect between the teams for further collaboration.

Once graduated, you’ll become a proud member of the Alumni Growth program, which provides you with a continued access to a global eco-system of industry leaders, top brands, founders and mentors.

Most promising startups may be invited to participate in SPIN Final global events and advanced programs, such as HYPE’s TOP50 program.

Startups that are accepted to participate in any of the various SPIN Lab programs will have the opportunity to pitch their company to jury consisting of leading investors and top sports brands from HYPE eco-system and from the local sports innovation community.

While SPIN Lab is a major commitment, we do not require that you be primarily based onsite during the entire program. The program is made up of components of onsite and virtual support.  In most programs, it we expect up to 4 onsite visits will be required for the Bootcamp, Program kickoff, mid-program reality checks and the Demo Day. All other activities, seminars and mentoring will be supported virtually.

In most programs, co-working space for the program duration (within certain team size constraints) will be available.

We typically don’t directly provide accommodation as part of the program. However, we do provide in-depth support to help you find accommodation so the moving process as painless as possible.

If you think you are an expert in your field, and wish to give back to the sports innovation community, you are invited to contact us. We like to include in our eco-system people who enjoy working with startups and see SPIN Lab as an opportunity to:

– Network and co-work with the most ambitious and talented people;
– Get familiar with the newest technology and direct contact with its development;
– Invest into companies at the very beginning;
– Promote the development of the global and local sports innovation ecosystem;

If you find yourself in this description, we will be happy to have you as a mentor.

Didn’t find the answer you were looking for?

For program-specific details, please visit UQ’s program page

or Email us at [email protected] and we’ll get back to you shortly!

OUR VISION

To Impact people’s life through the power of Sports & Innovation.

HOW WE SEE THE WORLD

In 1903, the Wright brothers managed to fly a plane a distance of 39 yards, and today planes fly 12,000 km at an altitude of 30,000 feet. We believe that the field of sports is expected to change just as significantly in the next 5 to 10 years. Ranging from the experience of buying a ticket to the fans’ experience in the stadium and at home – everything will be different, both on and off the field. When we started the HYPE Foundation, we wanted to build more than a sports innovation platform. We saw ourselves doing something greater than building a community that engages startups and corporations. We believe that sports and innovation are the best ways to create a bigger impact in the world that appears to be more divided and alienated than ever.

OUR VISION

To Impact people’s life through the power of Sports & Innovation.

HOW WE SEE THE WORLD

In 1903, the Wright brothers managed to fly a plane a distance of 39 yards, and today planes fly 12,000 km at an altitude of 30,000 feet. We believe that the field of sports is expected to change just as significantly in the next 5 to 10 years. Ranging from the experience of buying a ticket to the fans’ experience in the stadium and at home – everything will be different, both on and off the field. When we started the HYPE Foundation, we wanted to build more than a sports innovation platform. We saw ourselves doing something greater than building a community that engages startups and corporations. We believe that sports and innovation are the best ways to create a bigger impact in the world that appears to be more divided and alienated than ever.

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