FAQs

Program Overview

Eligibility & Startup Fit

Collaboration, IP & Evaluation

Program Structure, Cost & Application

  • The Wave Makers Program is a structured Japan–Australia collaboration initiative that connects high-potential Australian startups with leading Japanese manufacturing SMEs. The program focuses on real co-creation, enabling startups to develop prototypes, run PoCs, and explore long-term commercial partnerships in Japan.

  • To move beyond networking and enable real collaboration—resulting in MoUs, PoCs, or pilot projects with Japanese partners.

  • This is not a pitch or demo-day program. It focuses on hands-on co-development, factory engagement, and execution readiness.

  • High-quality manufacturing SMEs with strengths in precision engineering, materials, processing, and industrial operations, selected by professionals and key players.

  • You will continue with PoCs, pilots, or commercial discussions with partners introduced during the program.

  • Typically Pre-Seed to Series A and beyond, as long as the startup can realistically execute a PoC during the program period.

  • Hardware, robotics, sensors, energy, materials, manufacturing tech, and industrial or factory-focused SaaS/DX solutions.

  • No, but startups must demonstrate clear relevance to Japanese industry needs and openness to Japan market entry.

  • Yes. Hardware startups focus on prototype co-development, while software startups focus on deployable PoCs in SME environments.

  • Traction helps, but readiness, partner fit, and feasibility matter more than revenue stage alone.

  • Applications are assessed on Japan relevance, SME fit, team capability, collaboration feasibility, and commercial potential.

  • Startups and SMEs jointly define scope, roles, and outcomes—working toward a PoC, pilot, or prototype together.

  • Very important. Selected startups must be able to start a PoC or prototype within a realistic 6–8 month window.

  • NDAs are signed early, and IP ownership, roles, and risks are discussed transparently before PoC execution.

  • No. The program is designed to enable collaboration, but outcomes depend on technical and commercial alignment.

  • The program runs 9-10 months (April 2026 - January 2027), combining online preparation, Australia-based sessions, and a Japan visit, followed by support towards PoC.

  • Founders should expect regular online sessions during orientation and online MoU/PoC planning, plus full participation during in-person program weeks.

  • No. There is no program participation fee for selected startups.

  • Round-trip flights and core program activities for the Japan visit are covered or subsidised.

  • Startups apply online, shortlisted teams are interviewed, and final selection is based on fit, readiness, and feasibility.

    Japanese SMEs will be nominated by key partners in Tokyo ensure match and potential for collaboration.