Telstra nabs Pollenizer's Liubinskas for Muru-D accelerator

Telstra nabs Pollenizer's Liubinskas for Muru-D accelerator

Summary: The lines between corporations and startups continue to blur, with one renowned startup advocate taking on a position within Telstra.

SHARE:

Pollenizer co-founder Mick Liubinskas has moved on from the startup incubator that he has spent the past five and a half years building, taking on a corporate-sponsored accelerator program instead.

Liubinskas explains the arguably out-of-character tangent into the corporate world in a blog post on Pollenizer's website, expressing his initial doubts over Telstra's Muru-D accelerator program, but saying he believes it can be successful.

Muru-D is a six-month accelerator program for up to 10 startups. It provides AU$40,000, a workspace (which includes a gym), and access to Telstra experts and networking in return for a 6 percent equity stake. It is currently open for its first intake.

Rather than seeing himself as a Telstra employee, Liubinskas said he is the second team member for Muru-D. The creation of another accelerator comes shortly after PushStart closed the doors to its.

At the time, PushStart founder Kim Heras said he would soon be joining a commercially driven initiative, but has since confirmed that it is not Muru-D.

Liubinskas believes that another accelerator is a great initiative for the Australian startup industry, stating that the more organisations can invest, the better it is for everyone.

"We need, and I hope we get, dozens more companies like Pollenizer, Startmate, Fishburners, Blue Chilli, and need every large company participating to make a strong industry," he wrote.

More corporations are taking an interest in startups than ever. Optus has its own Innov8 program and it sponsors the co-working space Fishburners; the Commonwealth Bank created its own startup to develop its MyWealth platform; and ANZ has the Innovyz "Start" program.

Although his newest challenge will see him focus more on the Telstra-backed program, Liubinskas will remain on the board of Pollenizer and startups Oomph and WooBoard. He will also stay on as a mentor of StartMate and Founder Institute, and continue to talk about his passion around focus.

In the meantime, although Liubinskas now wears a corporate security badge, he jokes that he won't wear a tie anytime soon, preferring to hang on to his Threadless shirts.

Topics: Start-Ups, Telcos, Telstra, Australia

Michael Lee

About Michael Lee

A Sydney, Australia-based journalist, Michael Lee covers a gamut of news in the technology space including information security, state Government initiatives, and local startups.

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion