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December 2015

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23 Dec

‘Startup Year’ plan is good news for innovation

by launch-admin Dec 23, 2015 0 News

Sydney, September 25: The ACS – the professional association for Australia’s ICT sector – has welcomed Labor’s announcements yesterday aimed at driving greater innovation, entrepreneurship and a startup culture in Australia.

 

A Labor Government has committed to creating 100,000 university placements for STEM students, a ‘Startup Year’ for 2000 final year university graduates to kick-start Australia’s aspiring young entrepreneurs, and a ‘graduate’ entrepreneurship visa to encourage and retain talented international students following the completion of their studies.

 

Earlier this year the ACS released Australia’s Digital Pulse – a groundbreaking report in partnership with Deloitte Access Economics – which found that in the next five years there will be a projected demand for 100,000 additional ICT workers, and this at a time when domestic ICT graduates numbers are less than 4000 annually.

 

ACS President Brenda Aynsley OAM, said Labor’s focus on the key issue of increasing the supply of skilled ICT workers and improving digital workforce planning is welcome.

 

“Australia faces critical shortages in ICT skills, which if not addressed urgently, will retard our economic growth, reduce our standards of living and result in lower job growth in the future.”

 

“For too long technology education and innovation have been sideline issues. Now we are seeing both the Government and Opposition pushing the importance of our digital future.”

 

Australia must move quickly to better equip itself to grasp the opportunities of the digital age – there is no time to lose with other nations already achieving significant success in reorienting their economy, society, education and work. We run the very real risk of being left behind with the negative consequences of inaction and indecision.”

 

“The ACS is eager to work with all political parties in addressing the policy challenges and looks forward to ongoing engagement and discussion,” Ms Aynsley said.  

 

ENDS

 

Further information

Thomas Shanahan, ACS, 0449 902 130

Thomas.shanahan@acs.org.au

 

About the ACS

The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.


23 Dec

ACS welcomes appointment of Communications Minister, increased focus on innovation

by launch-admin Dec 23, 2015 0 News

Sydney, September 21, 2015: The ACS – The professional association for Australia’s ICT sector – congratulates Senator The Hon. Mitch Fifield on his appointment as Minister for Communications.

 

“Senator Fifield will bring a wealth of knowledge and experience to the role which will help navigate digital policy through a sometimes challenging political process,” said acting ACS CEO Kim Finch.

 

“We look forward to working with the Minister and helping him build Australia’s digital capability, which will be critical to securing a strong future for the Australian economy.

 

“At at broader level, the ACS is excited by Prime Minister Turnbull’s focus on setting a national agenda which seeks to make Australia more agile and better equipped to capture the opportunities being created in a globally connected, digital world. A key to grasping these opportunities will be to ensure we lift the supply of skilled IT professionals and other STEM based occupations. This is where the jobs of the future lie.”       

 

Finch applauded the increased focus on innovation and it being combined in one portfolio with industry and science under Minister Pyne.

 

“It is extremely encouraging to see Innovation as part of a portfolio at the Federal level. Innovation is the key to achieving sustained economic prosperity and particularly for Australia as we look to reduce our traditional reliance on the mining sector and develop new engines of growth.

 

“We are looking forward to working Prime Minister Turnbull and his new team on the challenges which lie ahead and in particular improving outcomes in the digital skills space and helping Australia build a strong digital future,” Ms Finch said.

 

Further information

Thomas Shanahan, ACS, 0449 902 130

Thomas.shanahan@acs.org.au

 

About the ACS

The ACS (Australian Computer Society) is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 


23 Dec

ACS Welcomes the Innovation Statement & the “Ideas” Economy

by launch-admin Dec 23, 2015 0 News

Australia, 07 December 2015: The ACS – the professional association for Australia’s ICT sector – has congratulated the Turnbull Government on its bold innovation policy statement, ‘Welcome to the ideas boom,’ and welcomes it as a potentially pivotal moment for advancing Australia’s economic prospects in the digital age.

 

ACS President, Brenda Aynsley OAM, said the statement’s focus on boosting STEM and ICT talents and skills, particularly amongst females, was very encouraging given that these skills are core to successful modern economies.

 

“Currently we have an overreliance on importing the ICT skills we need because our domestic education system only produces around 3500 IT graduates annually. Today the Turnbull government has addressed all elements of the education supply chain to encourage more students to pursue a career in STEM and IT professions.

 

By addressing these issues we can help transform our industries and create and fill the jobs of the future. However, this is not a short-term proposal, it will take a sustained commitment to action over the coming decade or more to effect the necessary changes in our economy,” Ms Aynsley said.

 

Commenting on the focus on gender diversity, Ms Aynsley continued: “ACS applauds the government’s allocation of A$13M to encourage more women in to STEM careers, particularly in light of the ACS’ new report, The Promise of Diversity Gender Equality in the ICT Profession, which outlined recommendations to increase the participation of women in ICT.

 

“We also applaud the Government’s commitment to elevating innovation and science to the heart of the government agenda with the creation of a special cabinet committee, chaired by the Prime Minister.  This is a clear indication that this statement is just the first step in the journey to Australia becoming a world leading knowledge based economy.”

 

“ACS supports the government’s mission to significantly modernise our national approach to innovation. If we are to prosper in the digital age and grasp the opportunities being created by the attendant disruption, we must address issues like entrepreneurship and commercialisation, collaborative research between business and universities, ICT skills development, lifelong learning and building an agile and flexible workforce.

 

“ACS is also delighted to see the current political contest of ideas on innovation with Labor announcing another suite of policy measures last Friday. Australia’s major parties are now deeply engaged in the innovation agenda and the ACS looks forward to working collaboratively with all stakeholders to build a truly innovative and ideas based nation,” Ms Aynsley said.

 

 – ENDS –

 

Media contact

Louise Proctor louise@launchgroup.com.au M: 0452 574 244 | T: 02 9492 1003

 

About the ACS

The ACS (Australian Computer Society) is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 


23 Dec

ACS backs Universities Australia’s calls for increased innovation

by launch-admin Dec 23, 2015 0 News

ACS backs Universities Australia’s calls for increased innovation

Sydney, 08 October 2015: The ACS – the professional association for Australia’s ICT sector – has congratulated Universities Australia (UA) on their bold policy statement, Keep it Clever, which calls on business and government to work closely with the university sector to drive critical research and innovation.

 

ACS President Brenda Aynsley OAM said the university sector’s policy blueprint, released on Wednesday, has strong support from the ACS.

 

“The ACS supports the university sector’s call for a significant re-think in our national approach to innovation. If we are to prosper in the information age and grasp the opportunities being created by digital disruption, we must address issues like entrepreneurship, collaborative research between business and universities, ICT skills development, lifelong learning and building an agile and flexible workforce. By addressing these issues we can help transform our industries and create and fill the jobs of the future. 

 

“Recent research produced by Deloitte Access Economics and commissioned by the ACS found that by 2020 Australia will need an additional 100,000 ICT professionals to support its growing digital economy. Our tertiary sector currently only produces around 3500 IT graduates annually[1].

 

“In addition, the 2013 PwC report on the startup economy found that the technology startup sector has the potential to contribute four per cent of GDP (or $109 billion) and add 540,000 jobs to the Australian economy by 2033[2].

 

“The June 2015 CEDA report also suggested a high probability that 40 per cent of Australia’s workforce – more than five million people – could be replaced by automation within the next 10 to 20 years, therefore new job creation absolutely critical.

 

“If Australia is to remain a globally competitive economy with high standards of living it must address the skills shortfalls and issues identified in these reports. The policies and ideas outlined in the UA statement will go a significant way to helping achieve this,” Ms Aynsley said.

 

ENDS

 

Media contact

Louise Proctor louise@launchgroup.com.au M: 0452 574 244 | T: 02 9492 1003

 

About the ACS

The ACS (Australian Computer Society) is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 

 


23 Dec

Women and ICT – Capturing the Opportunities of the Digital Age

by launch-admin Dec 23, 2015 0 News

Achieving gender diversity in the ICT profession

 

Australia, 01 December 2015: The ACS – the Professional Association for Australia’s ICT Sector – is today launching a new report, The Promise of Diversity – Gender Equality in the ICT Profession, outlining a series of recommendations to increase the participation of women in the ICT profession. 

 

The Report finds that, at a time when Australia is facing a serious shortage of skilled ICT professionals, women represent only 28 per cent of the ICT workforce compared to 43 per cent in the wider professional workforce. This underutilisation of human capital in ICT looms as a major constraint on Australia’s national growth.

 

The Report examines the entire life cycle of female participation in ICT.  It focusses on three key areas that must be addressed if we are to achieve greater gender equity in ICT. These areas are:

·       Female participation in the workforce

·       Females and the school education sector

·       Females and the vocational and higher education sectors

 

The Report notes that addressing the barriers will require a mix of short and long-term initiatives, as well as genuine commitment by employers, educators and governments to tackling the issues. 

 

The ACS argues there needs to be a fundamental and urgent change to the cultural mindset and attitudes to women in the workforce. This requires genuine, committed, outcome-focused leadership.

 

The Report also notes that changes are required in our education system.  The ACS recommends initiatives aimed at improving the self-confidence of girls in their own abilities in maths and science, creating a school environment which actively encourages girls to pursue a digital career, introducing a mandatory Digital Technologies Curriculum, and developing a marketing program aimed at changing perceptions of what a digital career can offer. 

 

In launching the Report, ACS President, Brenda Aynsley OAM, said Australia must completely rethink the way our current workforce, school education sector, and vocational and higher education systems operate in relation to boosting female participation in ICT.

 

“It’s clear that, in Australia, women are significantly underrepresented in the critical ICT profession. We must urgently address the ongoing gender imbalance in the workforce. If we get it right there will be a substantial economic dividend for our nation.”

 

Research by the Grattan Institute suggests that if Australia was to lift its female labour participation rate by six per cent to be roughly comparable to Canada, our GDP would be $25 billion higher. Analysis by Goldman Sachs suggests that closing the equity gap could boost the level of Australian GDP by 11 per cent.

 

Ms Aynsley continued: “We must also address and repair elements of the education supply chain to encourage more female students to pursue a career in the digital space.  The clear message from our research is that by the time girls reach 15, a large proportion have either already dismissed or not even considered the option of a career in ICT.

 

“We need to market far better to young female students.  This must include providing them with accurate and contemporary advice on the jobs of the future and the importance of digital skills in that future. We also need the ICT profession to work closely with teachers, parents and career advisors, the key influencers of student career choices.  And we need to encourage passionate, successful ICT female role models to be ambassadors for our profession and to inspire our next generation of ICT female professionals,” Ms Aynsley said.

 

The ACS is launching the report, The Promise of Diversity – Gender Equality in the ICT Profession, with the Assistant Minister for Science, the Hon. Karen Andrews MP, and the CIO of Tabcorp, Kim Wenn, at an event at the National Press Club, on Tuesday December 1 at 12:30 pm.

 

The paper can be found online via: http://bit.ly/promiseofdiversity

 

ENDS

 

Media Contact

Louise Proctor, Launch Group, 0452 574 244

louise@launchgroup.com.au

 

About the ACS

The ACS is the professional association for Australia’s Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The ACS exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.

 


23 Dec

StartupAUS launches Policy Hack outcomes report outlining solutions to boost Australia’s innovation economy

by launch-admin Dec 23, 2015 0 News

Australia, 12 November 2015: StartupAUS, Australia’s peak advocacy group for startups, today released its report on the outcomes of the Federal Government’s innovation Policy Hack which was held at Sydney startup accelerator BlueChilli on 17 October.

 

The Policy Hack outcomes report will be officially presented to the Minister for Industry, Innovation and Science, Christopher Pyne, and Assistant Minister for Innovation, Wyatt Roy, at Parliament House in Canberra at 09:45 this morning.

 

The report synthesises the work of some 150 Policy Hack participants from all over Australia. The diverse group drew on expertise from entrepreneurs, investors, industry, government, and interest groups.

 

The document outlines in detail ten possible solutions to accelerate the growth of Australia’s innovation ecosystem, which include:

 

1.     Connecting Australia’s established enterprises to startups through an innovation accord, an innovation precinct, and through the extension of the R&D tax incentive.

 

2.     Improving social enterprises by creating the Academy for Sustainable Community – a nationally co-ordinated strategy that is delivered locally around the country to provide communities with the skills to leverage digital inclusion and build social enterprises through the NBN.

 

3.     Achieving gender equality by providing a $100m Federal Government co-contribution fund for female-led ventures, and a detailed program for male ‘champions for change,’ where men support women in the ecosystem by putting their money and brand on the line.

 

4.     Intellectual property – keeping innovation in Australia by following international best-practice and introducing a tailored tax regime for intellectual property revenues, allowing Australia to retain innovative businesses, while attracting more innovative businesses from overseas.

 

5.     Incentives to attract capital and improve startup quality including matched funding for accelerators and incubators, and income and capital gains tax incentives for early stage investment.

 

6.     Encouraging universities to engage with industry by boosting research and development funding to universities and tying it directly to engagement with industry, as well as a funding increase of $300m to encourage strategic staff and student secondments in tech-based companies.

 

7.     Fixing Government procurement by redesigning the current practices, which are inherently biased towards larger enterprises, to truly open up government contracts to startups. Open government data to new innovative measures.

 

8.     Enhance global awareness by creating startup ‘landing pads’ in key markets where Australian startups can access local knowledge, a place to work, and community support. Start in San Francisco.

 

9.     Improving education through planting the seed of innovation inspiration at the earliest stage of educational development, primary school. ‘Lemonade Day’ is an opportunity for children to own and operate their own venture – a lemonade stand.

 

10.  New Enterprise Incentive Scheme (NEIS) – Introduce a new stream into the NEIS – a Startup Incentive Scheme (SIS) – to support founders entering accredited accelerator programs.

 

StartupAUS Head of Strategy and Advocacy and author of the report, Alex McCauley, said:  This report provides a window into an area of economic policy which is of vital importance to Australia, but which is a bit opaque for a lot of people. 

 

“At its core, innovation policy is about trying to create jobs and boost economic growth, by encouraging modern technology and flexible, creative business practices. 

 

“The best businesses have always been innovators. It’s time for Australia to embrace that innovation and seek to capitalise on the very great rewards digital technology offers. That’s what this hackathon was about – the best minds in the business helping to develop policies to modernise Australia’s economy.

 

“Recently, we have really been able to feel a change in the national conversation about our economic future. Innovation policy is now front and centre. There are no silver bullets, and Australia is playing catch-up in this area. But we’re starting to really build up some momentum and we’re confident we’ll see some very positive initiatives like these in the near future.”

 

Assistant Minister for Innovation, The Hon Wyatt Roy MP, said: “The Policy Hack was a fantastic day, especially for the way we were able to bring together our entrepreneurs, innovators, educators, scientists, researchers – and public servants.

 

“It’s exciting to see disruption to the traditional policy-making process, with some of those ideas now finding their way to the next level of government.”

 

CEO of BlueChilli and facilitator of Policy Hack, Sebastien Eckersley-Maslin, said: “A great startup mantra is “get s**t done.” I’m excited that we have this attention at a senior level in government and Policy Hack enabled people who generally don’t have a voice to work direct with government bureaucrats and members of parliament on how to shape Australia’s startup future.”

 

-ENDS-

 

Media: Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS: StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org

 


23 Dec

StartupAUS looks ahead as board expands

by launch-admin Dec 23, 2015 0 News

StartupAUS appoints new board member, CEO Peter Bradd moves to chairman

 

Australia, 14 December 2015: StartupAUS, Australia’s peak advocacy group for startups, today announced plans for expansion, with the announcement of a new board member, Queensland based tech entrepreneur and founder of Red Eye Apps, Wayne Gerard.

 

In other board changes, StartupAUS’ current, interim CEO, Peter Bradd, will finish his six-month tenure early in the New Year, with a new full-time CEO announced at this time. Mr Bradd will continue the organisation’s mission to transform Australia through technology entrepreneurship as StartupAUS Chairman. The Chairman’s position is a rotating role, and incumbent Chairman, Engineering Director for Google Australia and New Zealand, Alan Noble, will remain on the StartupAUS board.

 

Over the past six months, StartupAUS’ focus has been primarily on policy work and fundraising. During this time StartupAUS has been instrumental in shifting the political debate, particularly towards the policy settings outlined in the Prime Minister’s recent innovation statement – with many of the recommendations around technology and innovation coming from StartupAUS’ annual, action-oriented Crossroads Report.

 

As a not-for-profit, StartupAUS will expand its efforts to bring financial partners on-board to help corporates have a bigger voice in the emerging innovation conversation and assist StartupAUS in increasing its resources and activities in 2016 ahead of the next election. The organisation’s current corporate partners include Salesforce, Xero and Google Australia and philanthropic support from successful tech entrepreneur, Steve Baxter, and Co-Chairman of CHAMP’s Board of Directors and Investment Committee, Bill Ferris, who had a key role in the establishment of the private equity sector in Australia.

 

Commenting on his tenure, StartupAUS CEO, Peter Bradd, said: “It has been a rewarding six months, with the past week’s Federal policy announcements a huge high point, bringing together two years worth of research, debate and awareness-raising around Australia’s startup ecosystem. Malcolm Turnbull’s statement outlined many critical changes that StartupAUS has been advocating for and it was a huge win for the Australian tech ecosystem, and something that we are very proud of.

 

“StartupAUS has a proven track-record and expertise and we look forward to continuing to work with government, industry and entrepreneurs to achieve the ambitious goals outlined in the Innovation Statement and our own Crossroads Report,” Mr Bradd said.

 

Mr Bradd has partnered with founder of the Entourage, Jack Delosa, to found their new initiative, The Beanstalk Factory, which provides workshops for individuals within corporates to improve their ability to innovate faster using world leading innovation tools, such as Design Thinking and the Lean Startup Approach.

 

 

-ENDS-

 

Wayne Gerard Bio

 

Wayne Gerard co-founded RedEye in 2012. He is a passionate entrepreneur and focused on sharing his experiences to help build the startup ecosystem. Prior to RedEye, Wayne co-founded Waterline Projects, a multi discipline engineering company in the mining and engineering sectors. In 2005 Wayne founded SDG, a consulting firm focused on strategic planning and professional development.

 

About StartupAUS

 

StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org

 

Media:

Louise Proctor louise@launchgroup.com.au  02 9492 1003 / 0452 574 244

 

 


23 Dec

Australian big business must collaborate with startup community

by launch-admin Dec 23, 2015 0 News

Latest StartupAUS report says Australian big business and startups must collaborate and not compete to stay globally competitive

 

Australia, 01 December, 2015: StartupAUS, Australia’s peak advocacy group for startups, has today launched its latest report titled, ‘Scaling up our growth opportunities – Why Australia’s big business economy is working to create a thriving startup environment,’ which outlines the important relationship between big business and startups in cultivating a vibrant and energetic innovation environment in Australia.

 

The report reveals the findings from an August meeting initiated by StartupAUS and KPMG, which brought together senior executives from the ASX 20, whom account for nearly 50 per cent of the Australian Stock Exchange.

 

It surmised that without a vibrant startup environment, Australia’s largest organisations face increased risk of disruption from startups overseas. Furthermore, these organisations will be limited in their capacity to respond to the disruption without local IP and innovation to acquire, partner with, or draw upon.

 

The report outlines the importance of an innovative economy for the future to ensure Australia can compete with nimble international players. The three key requirements are to:

 

·       Acquire startups to improve their current businesses and explore new revenue streams.

·       Partner with, become customers of, license from, and co-develop ways to reduce costs and increase efficiencies.

·       Cultivate the talent these startups have through exposure to them, or more permanently through acqui-hire or headhunting.

 

CEO of StartupAUS, Peter Bradd, said: “Tech startups are often seen as a group who are disrupting large existing markets – think Airbnb, Uber, Netflix, Paypal and Spotify. However, tech startups are actually vital to the existing companies servicing existing markets – especially in the digital world that we are currently living in.

 

“To respond to this change in processes and culture, and to remain relevant moving beyond the next decade, Australia’s top 20 companies must have a vibrant culture of innovation within and around them. It is essential they work with external entrepreneurs and innovators. In doing so they can bypass internal barriers, outsource a lot of the initial risk, and allow for much more speed and agility,” Mr Bradd said.

 

According to Chair of Stone & Chalk, Craig Dunn, developing a vibrant startup ecosystem is important for the large lenders in the fin-tech space, as it would create a healthier environment for risk and investment from the large financial services organisations in the market.

“The major challenge is our risk appetite here in Australia. We need to shift the risk appetite of investors to more greenfield opportunities, and the government does have a role in that by underwriting some of the risk through tax benefits,” he said.

 

General Manager, Head of Consumer Products & Technology at News Corp Australia, Stuart Waite, said: “There is a big cultural and political disconnect when it comes to the startup ecosystem in Australia. We need to instil a sense of urgency if we are going to build a vision, and the first stop is to admit there’s a problem. Corporates also need to lead the way, but the government has a role too.”

 

Mr Bradd continued: “StartupAUS has an ongoing advocacy role with all levels of government and in addition to the policy recommendations in our two Crossroads reports, we are working on an ongoing series of leadership sessions and whitepapers to define and reinforce the opportunities to build our startup economy within Australia.”

 

-ENDS-

 

 

Media: Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS: StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org

 

 

 

23 Dec

StartupAUS on ‘improving the quality and quantity of entrepreneurship education in Australia’

by launch-admin Dec 23, 2015 0 News

Australia, 30 October, 2015: StartupAUS, Australia’s national peak advocacy group for technology entrepreneurship, has welcomed The Office of the Chief Scientist’s latest report on boosting high-impact entrepreneurship in Australia through the involvement of the Australian university sector.

 

The report has stated that regions with successful entrepreneurial cultures have a vibrant university sector that encourages and fosters entrepreneurship and innovation.

 

Earlier this year, StartupAUS released the latest version of its Crossroads report – a credible, action-oriented plan to help Australia capitalise on the enormous opportunities technology presents.

 

CEO of StartupAUS, Peter Bradd, said: “One of Crossroads’ key action points is to improve the quality and quantity of entrepreneurship education in Australia, which is why it’s great to see the connection being made between forward-looking universities and entrepreneurialism.

 

“To have any chance of growing a robust startup ecosystem, Australia needs an entrepreneurial mindset as a society, as well as the practical skills to successfully launch and grow businesses with global potential. Australia is currently a long way behind other parts of the world, particularly the US, in this regard.

 

“At the present time, the Australian education system is geared toward preparing students for the workforce. It does not adequately equip young people to start businesses, particularly high-growth startups.

“Universities have a vital role to play in educating and cultivating future entrepreneurs. However, in most instances the quality of entrepreneurship education in Australian universities is extremely low. This is in part to the fact that most academics teaching entrepreneurship have no first-hand experience in a startup and therefore deliver courses that are heavy on theory and light on applied content.

“The Chief Scientist’s latest report recommendations, such as entrepreneurship programmes in mainstream subjects at universities, harnessing entrepreneurs as role models and hands-on learning through incubators, accelerators and overseas placements, must become actions in order to really make a difference.

“We look forward to working with all major parties, industry and the university sector to support the connection being made between forward-looking universities and entrepreneurialism,” Mr Bradd said.

 

-ENDS-

 

Media: Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS: StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org

 


23 Dec

StartupAUS welcomes Labor’s commitment to innovation, giving a much needed whole-of-government approach

by launch-admin Dec 23, 2015 0 News

Australia, 04 December 2015: StartupAUS, Australia’s peak advocacy group for startups, welcomed Labor’s Powering Innovation announcement, led by Labor leader, Bill Shorten, today, as a whole-of-government approach to creating an innovation nation.

 

Commenting on today’s announcement, CEO of StartupAUS, Peter Bradd said: “StartupAUS has been calling for increased availability of early stage capital to startups for some time. Labor’s support in this area through a new Australian Angel Investment Scheme and through changes to the existing Early Stage Venture Capital Limited Partnerships is a welcomed move.    

 

“StartupAUS has been championing for the creation of an Australian innovation agency and today Labor has answered our calls. They have called for a new independent agency, Innovate Australia, charged with accelerating economic growth, delivering critical innovation programs and providing expert advice to governments. 

 

“We also welcome the acknowledgement of Labor in establishing Innovate Australia via legislation that will minimise the risk of political interference and changes to government innovation policies with each election cycle. 

 

“We are looking forward to seeing the Government’s innovation statement next week and will be pleased to see bipartisan support for many of the issues StartupAUS has advocated for,” said Mr Bradd.

 

-ENDS-

 

 

Media: Louise Proctor louise@launchgroup.com.au 02 9492 1003 / 0452 574 244

 

About StartupAUS: StartupAUS is a not-for-profit entity with a mission to transform Australia through technology entrepreneurship. StartupAUS believes a strong home-grown tech sector is vital to future Australian jobs and wealth. But getting there will require a national imperative to create the right environment, with a supportive culture and more entrepreneurs with the right skills. www.startupaus.org

 


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