Home featured Megan Flamer, Program Director for Xcelerate, with Sebastien Eckersley-Maslin, CEO of BlueChilli Featured Startup Featured BlueChilli partners with Coca-Cola Amatil to accelerate the growth of early-stage startups James Harkness April 12, 2018 Fresh from partnering with VC firm Hatcher+ to produce 240 early-stage startups over three years, tech accelerator BlueChilli has teamed with Coca-Cola Amatil to help budding entrepreneurs launch scalable, global tech companies. [Related: Investors in BlueChilli startups automatically qualify for tax deduction after ATO ruling and Why the startup ecosystem needs more non-technical entrepreneurs, not stereotypes ] Up to 15 founders, from across Australia and New Zealand, will be selected to participate in the six-month Xcelerate program, following a bootcamp to determine the best ideas. Specifically, BlueChilli and Coca-Cola Amatil are looking to fund and accelerate ideas that support one of the following three themes – ‘creating a more sustainable future’, ‘reimagining the customer experience’ and ‘getting people what they want, when and where they want it’. In addition to securing $38,000 in funding (in exchange for 15% equity), participants will receive mentoring, training and workspace plus access to a technology team, including a dedicated Product Manager, to help validate and build their product. Founders who go on to raise funding at the completion of the program will have an opportunity to receive up to $500,000 in follow-up funding from BlueChilli’s venture partners and up to $200,000 from Coca-Cola Amatil, which has allocated $10m to invest in startups. Alison Watkins, Group Managing Director of Coca-Cola Amatil
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