July 18, 2015

SEGRA Challenge


Building Startup & Innovation Ecosystems throughout Regional Australia


theSPACE Australasia, with the support of SEGRA aim to map  (ie: understand where the regions are at) and develop Startup & Innovation Ecosystems across regional Australia over the next 12 months (and beyond).

Over the past four years theSPACE (in conjunction with key stakeholders) have been building a startup & innovation ecosystem in Cairns (and more broadly in FNQ) to more effectively assist entrepreneurs/innovators to develop their ideas, products and services. The ecosystem process creates a roadmap for sustainable economic growth and diversity in the regions, leading to increased Regional Domestic Product. We’ve learned that the development of a vibrant startup & innovation ecosystem can be duplicated throughout regional Australia (with the right support), whilst enhancing the authenticity of the region.

Why do we want to have this conversation with you?

Technology and the internet are enabling change in industry at an ever increasing pace, disrupting traditional industry and opening our regions to a global market place.

This is creating record high youth unemployment in our regions, which is compounded by dying and localised industries and contributing to an ongoing cycle of regional brain drain.

Regional communities, “places” are at the heart of Australian culture, but 21st century models for sustainable development are required to keep them relevant.

In short, the world is changing.

“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

“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

We need to take action now so that our regions remain relevant.

To get your region involved please contact Troy – Email me!