Podcasts about accelerating commercialisation

Australia's number 1 startup podcast (1) talks with two of Veintech's co-founders, Nick Buckley and Nik Bappoo, who with a team of 10 are developing a handheld unit that visualises veins to make cannulation (drawing blood) easier. It's a disturbing fact that the standard ‘miss rate' for cannulations is around 40%, incredibly high. Once you miss twice, you have to call for help. Set up in 2020, the medtech company closed a seed round last year, won an Accelerating Commercialisation grant, and is moving towards clinical trials. “ No matter how far you get along this journey, it is that vision you define in the early days … often that's something that's skipped. It's often seen as ‘fluffy', … we were lucky as we got forced to do it through accelerators. ” ~ Nik Bappoo. For more: https://www.veintech.com.au ~ Startup West is recorded at Riff studios in beautiful downtown Perth, Western Australia; produced by Startup News, edited by Carmen Yee Kai Wen and brought to you thanks to support from Spacecubed, Curtin University, RSM, the City of Perth and Tekkon. Startup West acknowledges the Whadjuk Nyoongar people, traditional owners of the lands and waters of Perth, where this podcast was recorded, and pays respects to Elders past, present and emerging. (1) Feedspot Ranking of Australian Startup podcasts: https://podcasts.feedspot.com/australian_startup_podcasts/

Steve and Chris talk with Tim Jones, Managing Director of cyber security startup Hyprfire. Starting out as a lawyer, he moved into technology law, worked in Sydney, and then moved back to WA to work on various startups in the ASX and private space. He did some advisory work, helped fund tech startups and worked for a time at HealthEngine. Spun out of Curtin University, Hyprfire has raised some significant capital as well as an Accelerating Commercialisation grant, offering network threat prevention as a service. “Enjoy the ride. Not many people get to do this. Just recognise that, and enjoy it as much as you can. Celebrate the great moments, and try and keep things in perspective.” ~ Tim Jones. For more: https://www.hyprfire.com ~ * OFFER from sponsor Dinner Twist for Startup West listeners in Perth: so you can focus on creating the next unicorn, let Dinner Twist worry about dinner. Here is $30 off your first box. Enter SW30 at the checkout. Go to www.dinnertwist.com.au to enjoy * Startup West is recorded at Riff studios in beautiful downtown Perth, Western Australia; produced by Startup News, edited by Carmen Yee Kai Wen and brought to you thanks to support from Spacecubed, Curtin University, RSM, the City of Perth, Dinner Twist and Tekkon. Startup West acknowledges the Whadjuk Nyoongar people, traditional owners of the lands and waters of Perth, where this podcast was recorded, and pays respects to Elders past, present and emerging.

Brent chats with Bessi Graham about how businesses can provide meaningful change in the world while making a profit. They discuss finding meaning, working with intention, and building teams around your vision. Bessi is the co-founder of Benefit Capital and The Difference Incubator (TDi).  As an investor, entrepreneur, business owner, company director, speaker and writer, Bessi's passion for using business as an agent for change is internationally recognised.  For the past 20 years she has focused on unlocking capital to deliver positive social and environmental outcomes in Australia and the Pacific.  Recognised by the Australian Government with a ministerial appointment to the Committee for the Accelerating Commercialisation and Incubator Support Initiatives (Department of Industry, Innovation and Science); and advisory roles to the Department of Foreign Affairs and Trade (DFAT) for the Emerging Markets Impact Investment Fund (EMIIF) and Pacific RISE. Bessi was also the architect of the first investment readiness fund for the impact investment space in Australia – now run by Impact Investment Australia (IIA) as the Growth Grant.  Bessi has a background in management consulting and training, was a Teaching Fellow at the University of Melbourne, is a graduate of the Harvard Kennedy School and the Australian Institute of Company Directors. Bessi was a finalist in the 2017 Telstra Business Women's Awards.Continue reading

Danelle and Brodie talk with Annie Brox, the founder of Origo Farm, an agtech business that recently won both a Boosting Female Founding grant (one of only 3 in WA) as well as an Accelerating Commercialisation grant in 2019, for her farm-based IoT platform and devices business. From growing up in a farming family in Norway, to working in telecoms, she arrived in Western Australia to found Origo, that works with farmers to improve connectivity as well as providing IoT hardware devices and a platform to improve efficiency. "Get to know your customers, early on, really really get to know your customers. Do the hard yards with your customers. Get in customers, early early on. And just tell them, openly, I'm thinking about this, would you like to be on board, in terms of giving me feedback. Don't choose all the nice ones that say yes, yes, yes, yes…” ~ Annie Brox. For more: www.origo.farm ~~ Startup West is recorded at Riff studios in beautiful downtown Perth, Western Australia; produced by Startup News, edited by Carmen Yee Kai Wen and brought to you thanks to support from Spacecubed, Curtin University, RSM, the City of Perth, Dinner Twist and Tekkon. Startup West acknowledges the Whadjuk Nyoongar people, traditional owners of the lands and waters of Perth, where this podcast was recorded, and we pay our respects to Elders past, present and emerging.

How hard is it to take your product or even your company to market? The answer to that question may depend on who you are, what you do, and how prepared you are to persevere when the going gets tough.In this episode of Tech Society, hosts Alex and John from Ninja Software have the chance to speak with Sheryl Frame, one of Perth's most well-known and experienced commercialisation specialists. From humble beginnings in the medi-tech sector, Sheryl definitely walks the talk. She has established and successfully sold several businesses, held management positions in publicly listed companies, and has helped many entrepreneurs prepare for market. For ten years, she was a Commercialisation Adviser for the Australian Government's Accelerating Commercialisation program, which provided public funding for companies with innovative solutions. She has also been involved in organisations that help women in business; AWISE, Australian Women in IT, Science and Engineering, WiTWA, SBE Australia, and others.In this episode, Sheryl gives her thoughts on the growth of entrepreneurship in Western Australia, the unique challenges faced by women entering this space, team dynamics, sole founders, and recollections on how some of Perth's local businesses have prepared themselves to market their products on the open market. She also talks about the role governments can play to support innovation and entrepreneurship.Sheryl Frame: https://au.linkedin.com/in/sherylframeTech Society 083 - Science Takes You Places with Prof. Lyn Beazley:https://www.techsociety.fm/episodes/83-science-takes-you-placesTech Society 077 - Beetle CSI - The Future of Crime Scene Investigation Training with Dr. Paola Magni:https://www.techsociety.fm/episodes/77-beetle-csi-the-future-of-crime-scene-investigation-trainingTech Society 022 - Going With Your Gut! with Dr. Josephine Muir:https://www.techsociety.fm/episodes/going-with-your-gutWebsite:  https://www.techsociety.fm/LinkedIn: https://www.linkedin.com/company/techsociety-fm/?viewAsMember=trueSpotify:  https://open.spotify.com/show/0STaLU0ATmS9dEyey4FwjviTunes:  https://podcasts.apple.com/au/podcast/tech-society/id1516405840Google:  https://podcasts.google.com/search/tech%20societyTwitter: https://twitter.com/TechSocietyFacebook: https://www.facebook.com/techsociety.fm/

THE BRIEF - Discovery Projects and Accelerating Commercialisation  The Brief is a quick-fire show where we break down two concepts from science and business. This week Marc and Leo tackle everyone's favourite topic - free money! Discovery Projects and Accelerating Commercialisation grants are cornerstones of Australian innovation, but getting your hands on the funding can be a challenge in itself.  Listen in as we discuss and connect these two concepts within 10 minutes! EON LABS :  https://www.eonlabs.org/ HOSTS : Dr. Leo Stevens www.linkedin.com/in/leostevensinc/ Prof. Marc in het Panhuis www.linkedin.com/in/marcinhetpanhuis/ MUSIC : Purple Planet Music https://www.purple-planet.com Mixed by Dr. Nat Harris     

THE BRIEF - Discovery Projects and Accelerating Commercialisation  The Brief is a quick-fire show where we break down two concepts from science and business. This week Marc and Leo tackle everyone's favourite topic - free money! Discovery Projects and Accelerating Commercialisation grants are cornerstones of Australian innovation, but getting your hands on the funding can be a challenge in itself.  Listen in as we discuss and connect these two concepts within 10 minutes! EON LABS :  https://www.eonlabs.org/ HOSTS : Dr. Leo Stevens www.linkedin.com/in/leostevensinc/ Prof. Marc in het Panhuis www.linkedin.com/in/marcinhetpanhuis/ MUSIC : Purple Planet Music https://www.purple-planet.com Mixed by Dr. Nat Harris     

With titles such as the "Director of Accelerating Commercialisation for the Australian Government's Department of Industry, Innovation and Science"; being a Co-founder and Chair of the renowned "West Tech Fest"; with over 15 years experience working at Silicon Valley Bank, and many more in the world of Venture Capitalists (VC); Larry Lopez is undeniably an authority on helping tech entrepreneurs commercialise their products.As a special treat for our listeners in celebration for the annual week long tech festival in Western Australia, Alex and John from Ninja Software have invited Larry to share his insights and industry expertise on raising revenue and overcoming the challenges presented in the Tech VC world.Larry is passionate about the value of West Tech Fest, the importance of fostering in house skills and how finding a CTO can be the difference between sinking and swimming.Take it from Larry, talent is alive and well in Perth. ◎More Information◎▸Canva - https://www.canva.com/▸West Tech Fest - https://www.westtechfest.com/▸Tech Society 001 - How do I start a Technology Business when I'm Not Technical? - https://www.techsociety.fm/episodes/how-to-start-a-technology-business-when-you're-not-technical▸Tech Society 003 - What Can You Bring to the Table? - https://www.techsociety.fm/episodes/what-can-you-bring-to-the-table▸Tech Society 037 - Successful Ventures Think Like the Buyerhttps://www.techsociety.fm/episodes/37-successful-ventures-think-like-the-buyerWebsite: https://www.techsociety.fm/LinkedIn: https://www.linkedin.com/company/techsociety-fm/?viewAsMember=trueSpotify: https://open.spotify.com/show/0STaLU0ATmS9dEyey4FwjviTunes: https://podcasts.apple.com/au/podcast/tech-society/id1516405840Google: https://podcasts.google.com/search/tech%20societyTwitter: https://twitter.com/TechSocietyFacebook: https://www.facebook.com/techsociety.fm/

In this episode of the Commercial Disco, James Riley talks to the Minister for Industry, Science and Technology about the rapid response of the manufacturing sector initial phase of the COVID-19 health crisis, and discusses the shape of the economic recovery and the role of the technology sector in that process. This big picture interview covers everything from the role of data sharing in rapid decision-making on policy responses, to the R&D Tax Incentive, the Manufacturing Modernisation Fund to the Accelerating Commercialisation program.

Startup West talks with Kevin Forcier, co-founder and CEO of Storekat, who is building oneVASTwarehouse in the UK just in time for Brexit (maybe, if and when it happens…, but otherwise). Kevin’s story is one of sheer grit and determination, to never give in and try new things. In 2017, he was contacted by a UK-based logistics tech accelerator. He not only got onto the accelerator, he was the only business to be invested in by them and the large corporate that sat behind the program. Not only that, Kevin landed three of the most sought after angel investors in WA and won an Accelerating Commercialisation grant. For more: https://getstarted.storekat.com/ and https://onevastwarehouse.com/storage/ Interviewers: Charlie Gunningham & Beth Caniglia. Photo: Tom Riordan. ‘Startup West’ podcast is produced by Startup News, recorded at Riff’s brand-new podcasting studio in beautiful, downtown Perth, West Australia, and brought to you thanks to generous support from Wrays, Spacecubed, Curtin University & BDO. Be sure to subscribe to ‘Startup West‘ on your fav pod platform so you have that episode automatically in your feed. While you’re there please give us a REVIEW!

Welcome to Startup West, the podcast about building great startups in sunny Western Australia with people who've been here and done it, or live here and are doing it! In this first episode, Startup News' Charlie Gunningham and Beth Caniglia talk with Yuuwa Capital director Matt Macfarlane and Spacecubed's Brodie McCulloch. Matt is a well known West Australian early stage VC and angel investor, and Brodie set up the first coworking space, Spacecubed, in 2012 in Perth, which has since gone to open new, expanded coworking spaces FLUX and Riff as well as the Plus Eight muru-D tech accelerator. - Spacecubed - https://www.spacecubed.com - Yuuwa Capital - https://yuuwa.com.au - 1.15 - Previous podcast with Charlie, Matt and Brodie - https://soundcloud.com/businessnews-wa/views-on-the-startup-scene - 11.50 - //SN article on Matt speaking at eGroup - https://www.startupnews.com.au/2018/06/20/lessons-learnt-from-a-venture-capitalist/ - 16.52 - Accelerating Commercialisation program - https://www.business.gov.au/assistance/entrepreneurs-programme/accelerating-commercialisation - 17.45 - SpacetoCo - https://www.spacetoco.com - 17.59 - VGW - https://www.vgw.co - 19.58 - Credi - https://credi.com - 22.27 - PowerLedger - https://powerledger.io Startup West podcast is brought to you by Startup News, Alyka, ECU The Link, BDO and ThinkLab Coworking. * Please review us and subscribe to hear more! *

Larry Lopez has been driving innovation for over 25 years. He has worked with start-ups, venture capital funds, institutional investors and government agencies, with a long track record of developing outstanding teams that deliver successful outcomes.Larry spent 17 years in technology finance with Silicon Valley Bank, before moving to Australia in 2006. His current role as Director of Accelerating Commercialisation for the Department of Industry, Innovation and Science sees him offering support and opportunities to help Australian entrepreneurs, researchers and SME businesses to address the challenges associated with commercialising intellectual property.We caught up with Larry at last year's West Tech festival in Perth.

The Australian government has finalised the legislation for the Early Stage Innovation Companies (ESICs) prior to the Parliament being adjourned for the Federal election.  Unfortunately, the legislation for Crowd Funding Equity Raising entities was still being debated in the Senate when the Senate adjourned.  Hopefully, this legislation will be finalised after the election when the Senate reconvenes.   The ESIC legislation has benefits for small/medium enterprises, sole traders, entrepreneurs and inventors who have some new innovation products, processes, services, organisational or marketing methods that wish to raise capital.  There are also significant benefits for investors via a tax rebate, based on an investor’s investment and potential CGT exemption on that investment in an ESIC.   To be an eligible ESIC, the company must have been incorporated in the last 3 years, although there are some ways that a company incorporated 6 years ago could be eligible.  The company must have incurred total expenses of less than $1M in the income year before the current income year.  The company must have earned total assessable income of less than $200,000, excluding any grant income from an Accelerating Commercialisation grant in the income year before the current income year.  The company must not be listed on a stock exchange anywhere in the world.   After the company has passed this preliminary test, the company then has to satisfy one of two further tests:   The Gateway Test The company must earn over 100 points from a series of questions relating to: Research and Development expenditure. Whether the company has received an Accelerating Commercialisation grant. Whether the company has participated in an approved Accelerator Program conducted by an appropriate organisation. Whether the company has already received $50,000 or more investment from arms-length investors. Whether the company has already registered some Intellectual Property such as patents, plant patents, innovation patents or registered designs. Whether the company has agreements with certain organisations to co-develop and commercialise a product, process or service.   The Principles Based Test This test is only needed if the company was unable to pass the Gateway Test.   The Gateway Test and the Principles Based Test are self-assessment tests.  Companies would be wise to obtain independent verification of eligibility as an ESIC to satisfy investor due diligence requirements.  Most investors will require some independent verification that the company is going to be accepted by the ATO as being an ESIC because of the importance for most investors for the tax offset and the CGT avoidance.   The company must be able to positively answer 5 questions relating to the potential to commercialise a new product, process, service, marketing or organisational method.   Companies will need to develop an outstanding investment ready presentation for investors, which would include details of: Market Research Marketing Plan Management Team Board of Directors Business Plans for the next 2-3 years Budgets/Cashflow Forecasts for the next 2-3 years Share Pricing Report showing how the share pricing was calculated Information Memorandum Investment Pitch Presentation   Investors can obtain a tax offset calculated at 20% on their investment, up to a maximum of $200,000 per annum for sophisticated investors and $10,000 per annum for retail investors.  The maximum investment for a retail investor is $50,000 per annum.   An investor can also obtain a CGT exemption if shares are held for more than one year and less than 10 years.   A sophisticated investor is outlined in the Corporations Code basically states that to an investor who has earned more than $250,000 in assessable income in the last two year or has assets a value of a net amount in excess of $2.5M.  A sophisticated investor who is able to produce a letter confirming those items from a practicing accountant will be deemed as such.   ESS Small Business and ESS BIZTOOLS have developed a range of products to assist accountants and business advisers to be able to advise small/medium enterprises on their eligibility for the ESIC status.   If you would like to have a discussion with an accountant who is utilising our special ESIC Product Package, ESS Small Business has a directory of accountants/advisers who are interested in supplying a wider range of services, commonly known as “business advisory services”, to small/medium enterprises.  This directory is called “Find an Accountant/Adviser”.   Visit www.esssmallbusiness.com.au and click on “Find an Accountant/Adviser” menu tab.  All you need to do is to type in your postcode and the system will then show you accountants/advisers in or near your postcode who offer a wider range of commercial services to small/medium enterprises.   We’re presenting a special webinar, featuring “Early Stage Innovation Companies”, on Wednesday 6th July 2016 at 4pm AEST.  If you would like to register, free of charge, please click here.   A copy of a complimentary article, “Early Stage Innovation Companies”, is attached with this transcript.   If you have any questions in relation to ESIC, or how accountants/advisers can assist you to add value to your business, please don’t hesitate to contact me on 1800 232 088 or send me an email at peter@essbiztools.com.au.     Peter Towers Managing Director

Many small/medium enterprises have indicated to me that they’re looking for assistance from accountants to identify grants for which they might be eligible to apply.  I know that many of you get upset when the first thing you know about a grant is when you hear that one of your competitors has received a grant.  You ask a very legitimate question: “How come no one told me about the grant?”   It’s a realistic expectation of business operators that accountants, acting at the “trusted adviser” to small/medium enterprise clients, should be able to advise you on grants that are available.  Billions of dollars are allocated in Australia each year, by the Federal, State and Territory governments, for grants, most of which are targeted at small/medium enterprises.   Are you receiving information about government grants?  Have you actually received a government grant?   Grants that are available will supply financial assistance from the government, ranging from 25% to 75%, with the average being 50%.  In these difficult economic times, I’m sure that grants will be very beneficial to your business, to undertake some work which, otherwise, you might’ve hesitated in doing.   Some of the grants that can assist you and make a difference to your business operations include:   Business Growth Grant This grant covers the government’s “priority industries”, including: Advanced Manufacturing Oil, Gas and Energy Resources Medical Technologies and Pharmaceuticals Mining Equipment, Technology and Services Food and Agribusiness   Enabling technologies and service industries that support one or more of the priority industries, including: Professional Services – mainly scientific areas Freight and Logistics Infrastructure Related Construction Information and Communications Technology (ICT) Digital Technologies   These general business groups include over 650 different types of businesses, including most of the trades activities.   To be eligible, the business will have to operate as a company, have a minimum turnover of $1.5M and a maximum turnover of $100M.  If the company is located in Northern Australia, which covers areas including Queensland and Western Australia North of the Tropic of Capricorn and the whole of the Northern Territory, the minimum turnover is $750,000.   The companies must have been operating for 3 years.  The maximum grant available is $20,000 on a 50% contribution basis, which can be used by the company to do literally anything within the business that will improve the business’ performance.  For example: Budgets Cashflow forecasts Debtors’ analysis Lean management review Workplace Health and Safety review Re-design of a factory Corporate Governance reviews Board of Directors mentoring   These are some of the tasks that can be conducted under this grant.   Accelerating Commercialisation Grant This is a very popular grant, particularly targeted at someone who has developed a new product, process or service and needs assistance in the commercialisation phase.   This grant kicks in after the research and development phase has been finished.  Anyone can apply for this grant, however if a grant is offered, the applicant must incorporate as a company.  The turnover requirement is from NIL to $20M.  Preference is given to applicants from one of the “priority industries” mentioned earlier, however any type of business is eligible to apply.   The potential grant is large, with grants of up to $1M on a 50% subsidy basis.   There’s a significant number of companies throughout Australia who have received grants under this program.   Research Connections This is another grant that many people overlook.  The grant is to assist small/medium enterprises to collaborate with research sectors such as universities, CSIRO and Australian Institute of Marine Science, to develop new ideas with commercial potential.   Grants of up to $50,000 on a 50% basis are available.   The grant is targeted at companies within the “priority industries” or a company that has been admitted to the Accelerating Commercialisation Grant program.  The company must have a minimum turnover of $1.5M.  For companies located within Northern Australia, the minimum turnover is $750,000.  If the company has been in the Accelerating Commercialisation program, the minimum turnover could be as low as NIL.   Northern Australia Tourism Incentive This grant only applies to Northern Australia.  Businesses need to have a minimum turnover of $750,000.  The business must have been operating for 3 years.   Grants of up to $20,000 on a 50% basis is available, to undertake literally any type of business improvement activity.   The applicants don’t have to be companies.  They can be any type of business.   Industry Skills Fund This is another very popular grant.  The grant provides access to training so that a business operation is better placed to succeed in a rapidly changing economy.   The grant is available to any type of entity, not just companies, with preference given to “priority industries”, however other industries can apply.   The grant is determined by the number of Full Time Equivalent (FTE) employees within the business:   Type of Business Number of FTE Employees Grant Other Parts of Australia Northern Australia Micro Businesses 0-4 75% 75% Small Businesses 5-19 66% 75% Medium Businesses 20-199 50% 75% Large Businesses 200+ 25% 50%   The business must have been operating for 3 years.   The Industry Skills Fund can supply a wide range of services, including mentoring and training in: skills for tradespeople strategic planning marketing workshops Corporate Governance business plan understanding business plan mentoring advanced Quickbooks training leadership skills for workshops supervisors training key staff in new workshop processes many other types of training   The key for this grant is that the business must intend to utilise the new skills that the employees are going to be equipped with within the business’ operations.   These are just some of the samples of grants that are available.  There are hundreds of grants targeted at small/medium enterprises.   Find an Accountant/Adviser If you would like to find an accountant who is proactive in supplying these types of services to small/medium enterprises, generally known as business advisory services, please utilise the Find an Accountant/Adviser directory within the ESS Small Business’ website.  Please visit www.esssmallbusiness.com.au and click on “Find an Accountant/Adviser” menu tab.  All you need to do is to type in your postcode and the system will then show you accountants in or near your postcode who offer a wider range of commercial services to small/medium enterprises.   ESS Small Business contains other free articles and articles for sale, prepared by approximately 20 other businesses, on a wide range of small/medium enterprise matters.   ESS Small Business also presents webinars, free of charge, covering a wide range of small business matters.  These webinars are also recorded and are available for viewing.   Whilst you are on the ESS Small Business’ website, why not have a look at the offerings from a wide range of business people who are able to assist small/medium enterprises?   We will be presenting a webinar on “Grants that are Available to Assist your Business” on Monday 6th June 2016 at 12pm AEST.  We invite you to attend this webinar, free of charge, to give you a more interactive overview of government grants for which your small/medium enterprise business might be eligible.  Click here to register to attend.   If you have any questions on services that accountants can offer, please don’t hesitate to contact us.     Peter Towers Managing Director