Should my application be successful, what support will I receive?
- Grant Support. The $10,000 grant is to cover Phase 1 – Incubation only. Whereby the three (3) selected participants will use these funds over the three-month period to help them conceptualise their idea and produce a Project Summary Document and Pitch Deck, with the hope that we can proceed with the full development of the best idea(s) where feasible. However, Fed Square ultimately maintains the right to not move forward with concepts in the event that we think the concept is not sufficiently progressed or viable after the incubation phase or is not appropriate for the site.
- Access to our Entrepreneurs-in-Residence for the project, the Experience Consortium (co-creators of the Experience Lab concept), a highly experienced creative collective with expertise in experience design and creative entrepreneurship (including the founders of leading experience design companies Grumpy Sailor, Underground Cinema, Immersive Cinema and REMIX Summits). They will provide successful applicants with one-on-one advice to support the development of your concept. More information on the Experience Consortium can be found at the bottom of this page.
- Access to relevant members of the Fed Square team to support the development process.
- Access to a shared workspace for the duration of the incubation period to support the growth of your creative enterprise.
Does it cost anything to be part of the Experience Lab program?
No. The Experience Lab is a free program designed to support the Victorian creative community and build experience design capability within the sector. We provide a grant to successful applicants and this is designed to cover the costs of participation (this could include any accommodation or transport requirements, as well as a contribution towards the time you invest in the development of your concept).
What support is available for applicants with accessibility requirements?
Applicants can indicate any specific access requirements by contacting the Fed Square team via email. The option to submit responses to the application questions in video or audio format is available for those with access requirements.
Can I submit multiple ideas to the program?
Yes, you can! However, even if we love them all we would only accept one (1) submission per applicant for participation.
What do you mean by the term ‘experience developer’?
This phrase is used to describe an individual or organisation developing and building experiences for others. You might be just starting your journey or be an established experience provider. Practitioners of all creative disciplines are eligible to apply and your expertise might be from the performing arts, literature, creative technology or games development, to name just a few. There is no advantage in having a background in any particular creative discipline – the important thing is having a great idea and having the capacity to deliver on the idea.
Can groups apply?
Yes, they can. Groups, teams and collaborative applications are welcome, but these need to be a legal entity, either auspiced or with an individual to take contractual responsibility. Groups of individuals who join together as a collective must be legally constituted or nominate either an individual or an auspicing body to apply, and to take legal and financial responsibility for the grant should one be awarded. When applying, demographic information can be recorded for the lead applicant.
If my application is successful, what happens next?
Once you have entered into a grant contract with Fed Square (Melbourne Arts Precinct Corporation) you will enter the incubation phase. This is a three-month process that will take place between October 2022 – January 2023.
If my application is successful, what do I actually need to deliver?
During the incubation period, you are expected to produce a Project Summary Document and Pitch Deck (see definitions below) which will be presented to an assessment panel made up of representatives from the Fed Square team, The Consortium Collective, and other members, on Pitch Day. The grant funding is designed to cover your time for concept development and creation of your Project Summary Document and Pitch Deck which we use to assess the viability of the experience.
What is the Project Summary Document?
This is where you provide us a short summary overview of the project (2-pages maximum) and alongside this you have the option to provide any supplementary detailed information if relevant. For example, more information about the business plan for your experience or other relevant information on your experience which won’t fit into your Pitch Deck.
What is the Pitch Deck?
Following your 3-month incubation period you will have developed a succinct Pitch Deck that covers the following:
- Summary of creative development activity including how you have used your time to develop your concept
- An overview of your worked up creative concept
- An overview of your target audience
- A Business Model and a Budget for the experience
- Activation steps and timeline for how you will turn your idea into reality
What is the time commitment to be a part of the Experience Lab program?
The expectation is that the concept development phase will take approximately three months (not full-time, and predominantly self-directed). The Experience Lab is designed to be highly flexible and, in certain circumstances, this period of time can be extended to enable the broadest possible participation in the project.
The program is designed to give you support and guidance to inform the development of your idea. This is provided by specialists in the Fed Square team and a mentor from the Experience Consortium, a collective of leading experience designers as appropriate to your project requirements.
Participants will be required to maintain contact with our Project team throughout the creative development process, through onsite meetings or via video conferencing. You may also wish to arrange access to the shared workspace that is available as part of the project for your creative development process.
Do I actually need to deliver the creative experience as part of the program?
No, the grant is for a three-month incubation period. Creation or implementation of the experience will form the next phase of the program, if Fed Square decides to proceed with the idea and enter a contractual partnership agreement with you.
Does my idea need to be a paid experience for audiences?
Not necessarily, there are many free experiences that take place at Fed Square. However, the creative entrepreneur component is a key driver of the project. We are ultimately looking to support ideas that have the potential to be sustainable through a partnership with Fed Square where we can support new or existing creative enterprise. If your experience is not ticketed, there are various other business models you might consider for your idea, such as sponsorship or other funding to cover the costs. You would outline this during the creative development phase to help us determine its viability. One of the benefits for creative entrepreneurs of applying to the Experience Lab is that we can help connect you to new audiences in a variety of ways as well as help you tap into our spaces and networks and trusted brand, to help support the sustainability of your concept.
If there is a ticket price for my experience and who gets the money?
Where we support the full development of a paid experience we expect that this will be the subject of a revenue share to cover any relevant costs for Fed Square and to support future editions of the Experience Lab. Given the aim of the program is to support the development of new creative enterprises in Victoria our principle is that any revenue or profit share model needs to enable the applicant to sustain and grow their creative experience activity. Given, this is ultimately a commercial arrangement where the model will vary across a number of different experiences the exact split will be decided once the final pitch is put forward through the Experience Lab program. We are working on an open book model where the applicant will share commercial data with us. The applicant is of course under no obligation to move forward with final development and delivery of the experience if they are unable to agree a commercial partnership with Fed Square and they are free too operate the experience elsewhere once the period of exclusivity ends.
After completion of the incubation phase, will my concept definitely move forward?
Not necessarily and we maintain the right not to implement an idea. We have developed the Experience Lab because it is our intention to proceed with the most viable and exciting experience ideas, depending on budget and resourcing capacity. Each concept will be reviewed at the end of the incubation phase through the pitch process. By participating in the Experience Lab in return for our support, Fed Square will have first right of refusal for the experience (until the end of the incubation phase defined as 30 November).
If Fed Square decides not to move forward with my concept, can I still develop it independently?
We only require a period of exclusivity (up until 30 November, 2022) where we can choose to support the full development of your concept and develop a mutually acceptable partnership agreement. If we choose not go ahead with your concept or once this period of exclusivity elapses, you are free to proceed independently. In addition, you own any intellectual property related to your concept regardless (see below), and if we decide that your idea is not for us then you are free to develop the concept independently, as you see fit. For clarification, we do not expect any repayment of the $10,000 grant should we not decide to proceed. These terms will be laid out in the contract you will sign on acceptance of the grant.
If Fed Square wants to proceed with my concept, what happens at that point?
We will work with you to develop a partnership agreement that will cover further development through to delivery of the experience. This would encompass all relevant terms, such as deliverables, project timelines, intellectual property, exclusivity, cost and revenue model etc., as applicable to your concept.
How long will it take for Fed Square to decide whether to proceed with my concept?
In return for our support to develop the idea, the grant agreement will assign Fed Square first right of refusal for the experience during the period of incubation. Given that some ideas will take more time (and possibly funding) to implement, we have allowed a short period of time after your concept is submitted to make a final decision on whether we will move forward in partnership with you, and to work up a mutually agreeable partnership arrangement. We are committed to making a decision on whether we would like to proceed by 22 November 2022 (this date may be extended by mutual agreement).
If my experience is selected for the Experience Lab, as a partner of Fed Square how will you support it in the development and delivery phase so that it has the best chance of being successful?
Phase 2 – Development and Launch – as part of the development of a partnership agreement, we would explore ways that we could support the idea, including potential further investment from Fed Square, opportunities for philanthropic support, corporate sponsorship or business development in line with the proposed delivery model. We will work with you as a partner to develop and operationalise the experience. This support will bring it to life for audiences and we will promote it through our marketing channels, including email newsletter, website, social media and onsite signage.
Who owns the intellectual property (IP) developed through the Experience Lab?
Any ideas developed by participants in the program remain with the originator. The goal of this Experience Lab is to support people in the Victorian creative community to develop sustainable creative experiences and enterprise. We want the ideas to be delivered at Fed Square, but we also encourage ideas that are transferable to other cultural institutions, offering growth opportunities to the individuals and organisations who have developed them.
What is the timeframe to delivering the experience if my detailed concept is approved for final development by Fed Square.
Participants will end the incubator phase with a detailed concept and budget that they will pitch to Fed Square. If your concept is approved to move forward into final development and eventual delivery to the public you will first of all need to enter into a partnership agreement with Fed Square.
Given the wide variety of experience types we expect to come through the open application process our expectation is that each concept will have a different delivery timeframe.
It may be that some concepts could be delivered reasonably quickly but others might take much longer (and could require additional fundraising beyond the scope of this program to make them viable). Participants selected for the initial incubation phase will develop a personalised roadmap for their concept that they will execute if they move to the second and final development phase.
Do I need to live in Victoria?
At least one member of your project team must be:
An Australian citizen currently residing in Victoria; or a Permanent Resident (holding an appropriate visa).
What is Melbourne Arts Precinct Corporation (MAP Co)?
Fed Square has transferred all of its assets used in conducting its business to Melbourne Arts Precinct Corporation (MAP Co), a State Business Corporation established on 29 March 2022 by the Victorian Government under the State Owned Enterprises Act 1992 (VIC). The transfer was subject to a sale agreement between MAP Co and Fed Square, whereby Fed Square assigned its rights to MAP Co. With effect from 1 July 2022, the Fed Square team with who you will be working with are employed by MAP Co.
What is Melbourne Arts Precinct Corporation (MAP Co)?
MAP Co is responsible for running two of Melbourne’s most important civic spaces, Fed Square and the new 18,000 square metre elevated public park that will reshape, connect and activate the arts precinct. It is also be responsible for delivering the Victorian Government’s vision for the Melbourne Arts Precinct, Australia’s largest ever cultural infrastructure project. As an iconic and much-loved destination, Fed Square’s role, remit, content, and activities will continue as the city’s vibrant civic, cultural and community hub, but it will also now serve as an exciting gateway to one of the most dynamic and concentrated arts and cultural precincts in the world.