Application Deadline: Sunday March 3rd, 2024
The 4 week program for women who aspire to lead early-stage tech startups.
Announcing Galileo’s Jupiter Program: a program for all women from Science, Technology, Engineering and Maths (STEM) backgrounds who aspire to lead early-stage tech startups as founders, builders or operators.
The Jupiter program is tailored to allow STEM women to harness their existing strengths, provide insights into the startup landscape, connect you with the tech world, and foster collaboration with other exceptional STEM women.
In Jupiter you will...
Collaborate in a Peer-Learning Community
Harness Real-World Wisdom
Tap into Expertise
Key Dates and Info
- Duration: 4 weeks
- Skill Level: Introductory course, no prior startup experience needed
- Location: Remote (Virtual) on AEST with local in-person community events. Open to women to all STEM Women in Australia and beyond.
- Application Deadline: Sunday, March 3rd, 2024
- Program Start Date: Tuesday March 5th, 2024
- Program End Date: Friday, 30th, 2024
- Cost: $700 AUD | We offer early bird pricing of $500 for the first 20 spots.
- First cohort size: 50
The program will be delivered remotely with sessions scheduled outside of standard business hours every Tuesday early evening and Friday lunchtime.
Each week, 4 hours of sessions is scheduled, totalling 16 hours over 4 weeks.
The program includes:
- Topic Workshops: Every Tuesday from 5-8 pm (3 hours.)
- Guest Speakers: Friday Lunchtime 12:30-1:30 pm (1 hour) with recorded session
- Peer-to-peer group learning and discussion
- Technical briefings
- Executive training workshops
- An inclusive STEM community
👩🏽💻Who is this for?
The Galileo Jupiter Program is an introductory course for Women in STEM* fields looking to become:
- Future founders of technology startups
- Future operators looking to lead teams within startups
- Future product builders using technology to solve big problems
- Interested in learning about tech entrepreneurship and what it is all about
*STEM fields include; Science, Technology, Engineering, and Mathematics.
Tell me more:
frequently asked questions.
What are the Galileo investment terms?
We invest on flexible terms. Our typical investment offer is to lead your pre-seed or seed round with a A$240,000 up to $500,000 investment for approximately 8-12% equity stake in your company. Post-investment we charge a refundable one-off program membership fee of $40,000+GST. This funds our round legal costs, founder support operations and founder conferences (and holds our support accountable to you!).
Typically this equates to a A$2-4 million post-money valuation, but we are flexible on valuation. See our guide to raising your seed round for more information on how to approach your valuation. We wire you the money as soon as diligence is completed and we execute final docs. We prefer an equity investment but can invest with a convertible note or SAFE.
What stage does my company have to be at to receive investment?
Ideally, 'post-idea/concept' with early results in your user or customer traction. Read our 'too early' blog post for more. Startups should have an early product in market (ie a minimum viable product) as the focus of the program is go-to-market strategy.
We aim to invest before many VCs would be comfortable. We do this because we can provide tailored support through our founder support program.
Regardless, we are always happy to hear from you at any stage of your startup. It might not be a fit right now, but we will happily let you know if that’s the case and help where we can.
Do you invest in US or non-AU companies?
Yes we can invest in non-AU companies but we invest mostly in Australian companies. Our investment mandate requires us to mostly invest in Aussie tech companies, but it does not matter which state or city you are in.
Does my company have to pay for Galileo membership?
Yes. Membership fee is one-off and covers round legal costs, membership program resourcing, events and benefits. It is refundable if you don't think you have received value.
Do we have to relocate to Melbourne or Sydney to receive investment?
No. There are no relocation requirements.
Do you lead the next round?
No. Galileo will help you raise your next round and help you access a large follow-on investor network.
Galileo primarily invests your first round and will follow on our investment in future rounds. Our goal is to help you directly at the early stage, and then connect you to outside investors who can support you as you reach the next stage of growth.