Muru-D

Last updated

muru-D
Industry startup accelerator
Founded2013
Founders
Headquarters,
Number of locations
3 (2017)
Key people
Julie Trell (Head)
Parent Telstra
Website www.muru-d.com

muru-D is an Australian startup accelerator founded in 2013. It is backed by the Australian telecommunications company Telstra. To date, over 44 startups have been through the program, with 42 still in operation. [1]

Telstra Corporation Limited is an Australian telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services.

muru-D, stylised with a lowercase 'm', is derived from the Sydney Aboriginal Eora word ‘Muru’, meaning ‘path’, and 'D' standing for digital: ‘path to digital.' [2]
muru-D is currently based in 3 locations (Sydney, Singapore and Melbourne), with partner programs in Perth at Spacecubed and Brisbane at River City Labs. [3] They also have space in Telstra's San Francisco office, providing alumni with US customer and investor connections. [4]

Aboriginal Australians Term used to refer to some groups of Indigenous Australians

Aboriginal Australians are the various indigenous peoples of the Australian mainland, Tasmania, and often the Tiwi Islands. This group contains many distinct peoples that have developed across Australia for over 50,000 years. These peoples have a broadly shared, though complex, genetic history, but it is only in the last two hundred years that they have been defined and started to self identify as a single group. The definition of the term "Aboriginal" has changed over time and place, with the importance of family lineage, self identification and community acceptance all being of varying importance. In the past, Aboriginal Australians lived over large sections of the continental shelf and were isolated on many of the smaller offshore islands when the land was inundated at the start of the inter-glacial. However, they are considered distinct from the Torres Strait Islander people, despite extensive cultural exchange.

Eora ethnic group of Southeastern Australia

The Eora(Yura) are an indigenous Australian people of New South Wales. Eora is the name given by the earliest settlers to a group of indigenous people belonging to the clans along the coastal area of what is now known as the Sydney basin, in New South Wales, Australia. Contact with the first white settlement's bridgehead into Australia quickly devastated much of the population through epidemics of smallpox and other diseases. Their descendants live on, though their languages, social system, way of life and traditions are mostly lost.

Sydney City in New South Wales, Australia

Sydney is the state capital of New South Wales and the most populous city in Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Port Jackson and extends about 70 km (43.5 mi) on its periphery towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, 40 local government areas and 15 contiguous regions. Residents of the city are known as "Sydneysiders". As of June 2017, Sydney's estimated metropolitan population was 5,230,330 and is home to approximately 65% of the state's population.

History

muru-D was founded by Annie Parker and Mick Liubinkas in October 2013 after Telstra recognised that it needed to be more involved in the tech startup scene. [5] It was officially opened by current Prime Minister of Australia, Malcolm Turnbull.

Prime Minister of Australia executive head of the Government of Australia

The prime minister of Australia is the head of government of Australia. The individual who holds the office is the most senior minister of state, the leader of the federal Cabinet. The prime minister also has the responsibility of administering the Department of the Prime Minister and Cabinet, and is the chair of the National Security Committee and the Council of Australian Governments. The office of prime minister is not mentioned in the Constitution of Australia but exists through Westminster political convention. The individual who holds the office is commissioned by the governor-general of Australia and at the governor-general's pleasure subject to the Constitution of Australia and constitutional conventions.

Malcolm Turnbull 29th Prime Minister of Australia

Malcolm Bligh Turnbull is an Australian former politician who was the 29th Prime Minister of Australia from 2015 to 2018. He served twice as Leader of the Liberal Party, firstly from 2008 to 2009 when he was also Leader of the Opposition, and a second time from 2015 to 2018. He was the MP for Wentworth in the House of Representatives from 2004 to 2018.

In 2015, muru-D expanded operations to Singapore due to its "fast-developing start-up ecosystem, pro-business policies and access to local capital." [6]

Singapore Republic in Southeast Asia

Singapore, officially the Republic of Singapore, is a sovereign island city-state in Southeast Asia. The country is situated one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23%.

At the end of 2016, Annie Parker left muru-D and was replaced by ex-Salesforce executive, Julie Trell. [7] [8]

In 2017, muru-D altered its funding model to be more founder friendly and attract later-stage startups. [9] It also launched its new IoT themed space in Melbourne, based at Telstra's Gurrowa Labs. [10]

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References

  1. Mason, Max. "Telstra's muru-D accelerator is pushing start-ups to think global". The Sydney Morning Herald. Retrieved 29 June 2017.
  2. "Telstra - Indigenous Australians - Community & Environment". www.telstra.com.au. Retrieved 1 July 2017.
  3. "muru-D - A Global Startup Accelerator | muru-D, a global startup accelerator". muru-d.com. Retrieved 30 June 2017.
  4. Korporaal, Glenda. "US link for start-up accelerator Muru-D". The Australian. Retrieved 30 June 2017.
  5. Cochrane, Nate. "Telstra hits the start-up road". The Sydney Morning Herald. Retrieved 29 June 2017.
  6. Redrup, Yolanda. "Telstra launches muru-D start-up accelerator in Singapore". The Australian Financial Review. Retrieved 29 June 2017.
  7. Redrup, Yolanda. "Telstra's muru-D loses co-founder". The Australian. Retrieved 29 June 2017.
  8. Pash, Chris. "Julie Trell is the new head of Telstra's muru-D". Business Insider Australia. Retrieved 29 June 2017.
  9. Connolly, Byron. "Muru-D alters funding model to attract more mature firms". CIO. Retrieved 29 June 2017.
  10. Redrup, Yolanda. "Telstra launches IoT lab and expands muru-D to Melbourne". The Australian Financial Review. Retrieved 29 June 2017.