If you’re ready to take AI innovation to the next level, the UTS AI Accelerator is your launchpad. Successful applicants will receive up to $50,000, expert mentoring and access to UTS Startups.
UTS AI Accelerator to fast-track groundbreaking solutions
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Exec Director, Data Sci Institute & Distinguished Professor Fang Chen
A global leader in artificial intelligence, ranked 10th globally and 1st in Australia for AI research outputs, UTS invites applications for its inaugural AI Accelerator—a dynamic opportunity for innovators to transform their AI ideas into impactful projects with real-world applications.
Running over three months, participants will receive up to $50,000 in funding, industry-leading mentorship and access to mentoring and support from UTS Startups.
“Fast iteration of AI applications is crucial in today’s rapidly evolving landscape. The ability to quickly develop and test ideas allows us to capture the current wave of AI innovation and position ourselves at the forefront of impactful developments,” said Distinguished Professor Fang Chen, a globally recognised AI leader who is also the Executive Director of Data Science at UTS.
Distinguished Professor Chen will be among the program’s mentors, offering participants the benefit of her award-winning expertise in using AI and machine learning to solve problems.
“UTS has a strong foundation in AI research and application, making this the perfect time to leverage our strengths. I believe that by fostering this type of innovation, we can not only address unmet needs but also create meaningful contributions to society and the economy, "Professor Chen said.
About the opportunity
The UTS AI Accelerator aims to improve connectivity between this AI capability and people with ideas, providing cash support and industry-leading mentorship over a three-month period.
This Accelerator isn’t just about tech for tech’s sake. Its goal is to leverage existing AI capabilities to deliver impact, whether that is in the form of a commercial product or service based on the application of AI, or the application of AI to solve social, cultural or environmental problems.
“I believe AI presents the largest opportunity from technology in our lifetimes, and this program is aimed squarely at making sure UTS is helping progress this opportunity for our community,” said UTS Director of Entrepreneurship, Murray Hurps, who will also be a mentor on the Accelerator.
“Our AI research capability is unparalleled, as is our industry engagement, and this program is another important step for both.”
Who should apply?
The UTS AI Accelerator welcomes applications from UTS researchers, students and staff who have a game-changing AI concept. Whether you're flying solo or in a team, your application must include at least one UTS AI researcher actively involved in the project.
Participants will access:
- up to $50,000 to develop your idea
- mentorship from UTS AI experts including Distinguished Professor Fang Chen and Murray Hurps
- access to UTS Startups Growth Funding—with the chance to secure $100,000 from investors
- support to develop proof-of-concept prototypes and engage with end-users
- talent assistance from UTS students through internships and collaborations.
The Accelerator prioritises projects with clear, well-considered uses for the funds that demonstrate high potential for impact, be it creating new AI products or tackling societal challenges through AI.
Key dates
- Applications open: 16 September 2024
- Applications close: 12 noon, 14 October 2024
- Pitch session: 25 October 2024 (for shortlisted candidates)
- Project kickoff: 26 October 2024
- Completion: 30 December 2024
Seize this chance to be part of the next big AI breakthrough at UTS. Apply now and put your AI ideas to work! It’s a unique great opportunity for AI researchers to turn their concepts into commercial products, services, or solutions that make a difference.