Innovation Ecosystem

TBA Finals 2016 130A Byron Bay bohemian fashion and lifestyle brand, Spell and the Gypsy Collective, was tonight named the 2016 Telstra Australian Business of the Year.

The business also won the 2016 Telstra Australian Small Business Award at the national event which was held at the Hilton Hotel in Sydney tonight.

Spell and the Gypsy Collective is known for its unique, vintage-inspired designs, and boasts a celebrity following including the likes of Brazilian supermodel, Alessandra Ambrosio and singer, Katy Perry.

Telstra Business Awards Ambassador, Andy Ellis, praised this year’s winners of the Telstra Business Awards for their sound financial performance, innovative thinking and their dynamic attitude which has the potential to disrupt their industries.

Forge2Expressions of interest are currently being taken for innovators, designers and creators to share their ideas with the broader community at a Makers Festival to be held on the 15th October this year.

The Makers Festival is a day long event that aims to connect people with the simple joy of making things.

Maker Culture, an extension of DIY culture, is a growing world-wide phenomenon and Australians are avid DIYers, whether it’s in the garden shed or the sewing room.

Over the past few years we have seen technology provide new opportunities as maker culture intersects with hacker culture and people incorporate engineering-related interests through robotics, 3D printing and electronics.

nationamuseum archThis project assesses the impact of accelerators, incubators, and other startup support organisations. We review the business models and performance metrics of support organisations (accelerators, incubators, co-working spaces, angel organisations, and mentoring organisations, including pre-accelerators and germinators).

Performance data is gathered from 18 support organisations and from 76 startups. Policy implications are derived from the literature, industry reports and our field data.

We also introduce a new project on the educational efficacy of accelerators in developing 10 different entrepreneurial capabilities.

 

On Thursday 15th October, Capital Angels celebrated its Tenth Anniversary.

As part of this celebration, Capital Angels produced this video to showcase the activities and achievements of Capital Angels and its investments. 

 

"Capital Angels was founded in 2005 and has established itself over the last ten years as the prime forum for angel investment in the Canberra region. Over the last decade, Capital Angels has facilitated investment and mentoring for many local businesses, with some of them becoming extraordinary success stories."

Michele Troni, Chair - Capital Angels

DSC 3348 CROPLighthouse Business Innovation Centre (Lighthouse) in collaboration with Orana Steiner School held their first micro-granting dinner last week to support projects that benefit the local Canberra community.

HotPot is a micro-granting dinner, where projects that benefit the local community are funded through donations made at the door.

Youth in ACTion for Suicide Prevention's project 'Treat yo'self' was voted the winner by a sold-out crowd on the evening.

'Treat yo'self' will teach all Canberrans aged 15-24 the self-care skills they need to keep themselves safe from suicide through a combination of practical workshops and interactive theatre performances.

microcredit crowdOne of the highlights of this year's Festival of Ambitious Ideas, the annual showcase of Canberra's innovators, game-changers and status quo challengers, will be the celebration of 5 years of the ACT Microcredit Loan Program.

The ACT Microcredit Loan Program is delivered via a three-way partnership involving the ACT Government, Westpac Institutional Bank and Lighthouse Business Innovation Centre (Lighthouse).

This partnership seeks to provide fair, safe and ethical loans to eligible individuals wanting to start or grow a business.

Lighthouse CEO Anna Pino says, "The Festival of Ambitious Ideas seemed a fitting way to celebrate the many innovative businesses and entrepreneurial individuals who have participated in the ACT Microcredit Loan Program over the past 5 years."

Coworking 2 CanberraCo-working, meeting space and serviced office provider, WOTSO WorkSpace, has unveiled a second shared workspace at the Canberra Eye Hospital building in North Symonston.

WOTSO has experienced rapid expansion since launching the coworking element to their serviced office business in September 2014, this latest acquisition being the sixth space to open.

Other WOTSO spaces have also grown to include photography & film studios, a short-term lease 'LabSpace' and a crèche facility for members.

WellnessHubsAus LogoWellness Hubs Australia, an industry networking and business support group for the Allied Health Industry, will be launching in to Canberra on Wednesday 15 July at King O'Malley's Irish Pub.

Providing business support and education for local Allied Health business owners, the Hub holds monthly "Net-Learning" meetings, where speakers will share their knowledge on such topics as marketing, sales, PR, blogging, social media and finance.

The aim of the Hub is to help educate and support the Allied Health industry on the business side, of their business.

 

OranaHotPot LOGO compressedLighthouse Business Innovation Centre (Lighthouse) in collaboration with Orana Steiner School are holding their first micro-granting dinner on the 6th August to support projects that benefit the local Canberra community.

HotPot is a micro-granting dinner, where projects that benefit the local community are funded through donations made at the door.

On August 6th, Canberra families will be invited to bring a plate to share, socialise and vote for their favourite project.

$5 buys one vote and all money raised at the door goes to the winning project.

iawards logoAnnual industry award program announces ACT winners for 2015

24 June 2015 – Last night the leaders in ICT innovation received the accolades of the industry as the iAwards winners were announced for ACT at an exclusive gala dinner held at Gandel Hall, Australian National Gallery.

There was healthy competition this year, with 40 nominations submitted across all categories. The successful winners and merit recipients will go on to compete at the national iAwards on 25-27 August, in Melbourne.

In recognition of the exciting ICT economy in Canberra, this year's awards were presided over by Hon Dr Andrew Leigh, MP and John de Margheriti, Chairman and CEO, Academy of Interactive Entertainment, who spoke on the importance of education and his plans to invest $111million dollars, over 20 years, in developing an education precinct in Canberra.

 

AIE Toucson at deskBusiness incubators have been around for a long time and they play an important role in accelerating local innovation and encouraging entrepreneurship.

Not all business initiators have a business degree and start-up capital on-hand when they want to launch a venture. By providing basic business knowledge, working space and contacts to potential investors, incubators help to fill this gap.

While incubators can't replace the drive and commitment needed to get a start-up off the ground, they can provide the kind of environment that accelerates growth. We spoke to Sebastian Perri the Incubator Facilitator at the Canberra Campus of the Academy of Interactive Entertainment (AIE) about the role the AIE incubator program plays in supporting innovation.

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The third in our series of co-working spaces in Canberra looks at Servcorp and their co-working spaces at the Realm in Barton and Nishi in New Acton.

Like it or not your office is not just a workspace, it's also the public face of your company.

When your business has grown beyond the kitchen table and its time to move out of home, you need to think carefully about the message you want to send about the type of business you are.

office coworkingspaceCo-working centres could become mainstream more quickly than many managers realise.

If you have always thought that co-working centres were only useful for independent professionals – writers, journalists or small business owners with a staff of one – then think again.

A growing number of corporates are starting to use co-working centres as their main office.

I spoke with Brad Krauskopf—CEO and Founder of Hub Australia—last week in Melbourne and he said "We have several corporates using the hubs. Technology has enabled people to choose where they work and there is a huge demand for that flexibility."

startrail network map

StartRail 2015: Map Yourself on the Australian Startup Ecosystem

Since 2011, venture technology company BlueChilli has been working on creating a visual representation of the Sydney startup community - titled StartRail Map.

This year, they are looking to expand and produce maps for the major cities and regional communities around Australia, featuring all the amazing startups and how they relate to the education, incubation and growth orgainsations that support them.