Technology is enabling change at an ever increasing pace, not only in urban contexts, but also in regional centres, where the Internet in particular is enabling entrepreneurs to compete in the global marketplace despite the size and remoteness of their home cities or towns. In regional Australia, the challenges of high unemployment, fading traditional industries, a lack of economic diversity, and a "brain drain" of talent to urban centres highlight the need for novel economic development strategies.
“40% of Australian jobs could be redundant in 10 years.”
The Committee for Economic Development of Australia (CEDA)
“60% of Australian students are training for jobs that will not exist in the future or will be transformed by automation”
Foundation for Young Australians
“50% of occupations today will no longer exist by 2025 as people will take up more creative professions”.
Martin Chen – Chief Operating Officer of Genesis
Innovation and entrepreneurship are highlighted as potential solutions, but both require knowledge and support to be successful. Innovation Ecosystems, offers practical solutions and shares lessons learned through the ongoing development of a self-sustaining startup and innovation ecosystem in the remote region of Cairns, Australia. Innovation Ecosystems is now working with regions throughout Australia, where trained champions are driving the development of startup and innovation ecosystems adapted to regional needs. Key areas of focus include:
Regional Startup & Innovation champion (team). Does the region have one?
Key stakeholders. Have they been identified and to what extent have they been engaged?
Events & Programs
Number of relevant programs & events run each month
Physical place. Has one been established?
Meet the team which are turning declining communities into robust economies
What our clients say
Let us help you to build a startup & innovation ecosystem in your region
Startup & Innovation Ecosystem Health Check
- Reports includes:
- Who's driving the ecosystem?
- Which stakeholders are engaged?
- How many relevant programs?
- How many relevant events?
- Does the region have a physical hub?
Get in touch
Innovation Ecosystem News
Day 5 9am – Coffee with Startup Weekend – https://startupweekend.org/ Having now run 6 Startup Weekends it was great to chat with John Beadle – head of Startup Weekend globally around his vision for where Startup Weekend is headed. Startup Weekend stats to date: 23,000+ teams have been formed 193,000+ Startup Weekend Alumni 150 countries[…]
Day 4 Crazy cool day… packed with sooooo many great opportunities to connect with game changers. 09:30 Bus to Mountain View Silicon Valley 11:00 – 11:45 500 Startups – http://500.co/ 500 startups have 3 permanent offices, San Francisco city, Silicon Valley & Mexico City 4 intakes a year, up to 40 startups per intake, 1600+[…]
Day 3 09:00 -11:00 Runway – http://www.runway.is/ Runway is a 30,000 sq ft coworking space with a capacity of 240 desks, on Market Street, inside the Twitter building. Stella the community manager highlighted 4 key focuses for Runway: Coworking Accelerator Events Corporate innovation Corporate innovation is connecting corporate partners with startups, the intention being to[…]
Day 2 10:30 11:30 SheEO – http://www.sheeo.world/ Heather MacKanzie SheEO Denver community leader. SheEO raised $1000 from 1000 women. $1,000,000. SheEO offers 10 women entrepreneurs (company must be at least 50% female owned and have at least $50k in revenue) interest free loans to develop their companies. Loan term is 5 years / 20 equal[…]
Our CEO Troy Haines recently participated in a Startup Community Leadership Mission to the US… The following are some of his insights from the trip. We hope that they add value when building your ecosystem. Day 1. Insanely cool day. Thanks Startup Catalyst & Advance Qld 8:30 Bus from Denver to Boulder 10:00 Boomtown[…]
2.5 Day Innovation Weekend 43 participants (including 7 businesses / teams, 10 mentors Innovation Showcase including VR, Drones, 3D printer & Makers stuff, Beaconing, 3D painting / VR, Green screen tech 2 part time jobs were created at the event alone An Australian first event The first business Innovation Weekend in Australia. 7 regional businesses[…]
Media Release: Cairns to host Australia’s first ever Innovation Weekend for SME’s. With 4 years’ experience in working on the cold face with startup’s and established business’s, theSPACE Australasia has worked with hundreds of small businesses, teaching them the fundamentals of turning ideas into reality. Over this duration they have identified a number of[…]
One of the biggest challenges in building out a startup & innovation ecosystem is to know where your Ecosystem is, in terms of development. To make this easy, we’ve developed a tool “Startup & Innovation Ecosystem Checklist” to help you identify where the gaps are in your ecosystem. The ecosystem checklist will help you to[…]
Whilst all regions are different, is it fair to say that there are some inherit challenges that are similar across regional areas in Australia and around the world: declines in traditional industries, a boom-and-bust economic cycle, and a scarcity of “good jobs”. With young talent facing a choice between moving to the big cities or staying behind[…]
Innovation & Entrepreneurship in Australia The Technology Innovation Management Review (TIM Review) is an international publication which provides insights about the issues and emerging trends relevant to launching and growing technology businesses. The TIM Review focuses on the theories, strategies, and tools that help small and large technology companies succeed. This month’s editorial theme is Innovation and Entrepreneurship in Australia. The[…]