startup and scale-up programs in south australia · 2018. 5. 2. · startup and scale-up programs...

32
© Australian Centre for Business Growth Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ANZ Chair in Business Growth, Professor and Director Australian Centre for Business Growth

Upload: others

Post on 17-Aug-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

© Australian Centre for Business Growth

Startup and Scale-up Programs in South Australia

Spotlight on Innovation

Dr Jana Matthews

ANZ Chair in Business Growth, Professor and Director

Australian Centre for Business Growth

Page 2: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Techstars is the worldwide networkthat helps entrepreneurs succeed.

Page 3: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Community Programs Accelerator Programs Venture Fund

• Startup Weekend• Startup Digest• Startup Week

13-week program• ‘Mentorship Driven’• Rapid iteration cycles• Fundraising preparation• Demo Day

Fund setup to invest in accelerator portfolio companies

Creating support from ‘Inspiration to IPO’

Page 4: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

How Techstars Works

Each year, Techstars chooses over 300 high-growth companies to join

our 3 month mentorship-driven accelerator, investing $120k (USD)

and providing hands-on mentorship and access to the Techstars network

for life.

Page 5: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Techstars Adelaide runs one program per annum designed to bring 10 early stage companies, focused in the security and defence industries, to South Australia.

The #TSAdelaide program is partnered withsome of the world’s largest defence primesto support growth through the program.

Page 6: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Techstars Video: https://www.youtube.com/watch?v=S-3YgWroCdo

Page 7: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

A glance at the numbers

• 4000+ events around the globe (39 accelerator programs)• 150 + countries• 1,200 alumni companies; 300 more each year• Techstars invests $120,000/company for 6% equity• 75% companies received investment (or are profitable)• 300,000 alumni (Including Startup Weekend)• 10,000 mentors• $265M under management + $150M Techstars VC fund

Page 8: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

| 2017 Results

•300+ applications from 68 countries

•10 companies selected and accepted

–6 Australia, 4 Adelaide (!)

•4 companies received funding

•1 company has grown 200% since programstart

•7 Companies have hired since program end date

Page 9: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup
Page 10: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

| Contact Us

Terry Gold, Managing Director

[email protected]

Chris Chang, Program Manager

[email protected]

Page 11: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

One of Australia’s premier business schools. Internationally recognised for its achievements

Top 1% in the world..

© Australian Centre for Business Growth

Page 12: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Established in June 2014The only Centre of its kind offering programs

and achieving results

© Australian Centre for Business Growth

Page 13: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Prep Work

CEOClinic

Module1

Module 2

d

Clarity of Purpose

Clarity of Direction

Clarity of Structure

Clarity of Measurement

Where arewe now?

• Mission Values Vision

• Strategy Tactics Goals Action Plans

• Roles, Responsibilities and Authority• Systems & Interdependencies

• Fit With Values Functional Competence• Operational Performance: Product, Sales,

Marketing, Finance Compensation /Rewards

Making the changes to growAUCBG Knowledge Framework for Growth and Tools

90 Day Team Sprint

90 Day Team Sprint

1 DayCEO Action Plan

Where do we want to go?

How do we get there?

Help CEOs /Executives formulate their personal and company growth objectives

LEARN and CLARIFY

DO and CHANGE

ASSESS and PLAN

GROWModule

3 3© Australian Centre for Business Growth

Page 14: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Programs are for CEOs/MDs and their

© Australian Centre for Business Growth

executive teams of companies with5- 19 employees (small) and

20- 199 employees (medium).We teach them what to do, when,

and in what order - to grow.

Page 15: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

RESEARCH and INSIGHTS, OP EDS,

ARTICLES, SPEAKING

DIGITAL PROGRAMS, TOOLS AND RESOURCES

PROGRAMS

© Australian Centre for Business Growth

Growth Seminars Growth Clinics

Growth Modules

Page 16: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Foundation PartnerSponsor, ANZ Business Growth Program

National SponsorPhilanthropy

($100,000 Donation)

Growing South Australia’sCompanies Program

Growing Queensland’sCompanies Program

© Australian Centre for Business Growth

IndividualCompaniesPaying Fees

Page 17: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

In 45 months:

Presented to

3500Companies in AU

© Australian Centre for Business Growth

Clinics with

438+companies

183 in SA

Programs Helped

81%Of the CEOs identify

opportunities for growth

Page 18: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

ANZ Business Growth ProgramFirst 10 Companies’ Aggregate Results36 months after starting the program

15New Export Countries

149%Revenue Increase

415Jobs added

419%Profit Increase

© Australian Centre for Business Growth

Page 19: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

• A great idea is not enough.

• Customers must value the idea.

• Entrepreneur’s job is to figure outproduct or service/market fit.

• Startup survival depends on turning ideas into products orservices that customers value and buy.

© Australian Centre for Business Growth

SPOTLIGHT ON INNOVATION

Page 20: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

INNOVATIONProcess of transforming ideas into

products/services that customers will value and buy

© Australian Centre for Business Growth

Page 21: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

LOTS OF CATEGORIES OF INNOVATIONS

1. Technology

2. Product

3. Service

4. Process

5. Operations

6. Cost

© Australian Centre for Business Growth

Page 22: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AND MORE….

7. Experience

8. Management

9. Sales

10. Business Model Innovations

11. Industry Innovations 3-D printing

12. Organisational Innovation

© Australian Centre for Business Growth

Page 23: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

Like Techstars, the Australian Centre for Business Growth is an innovation that has received international awards and

recognition

Page 24: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

European Foundation for Management Development (EFMD) award for the outcomes achieved through the Business Growth Programs delivered by the

Australian Centre for Business Growth October 19, 2017 Milan, Italy

© Australian Centre for Business Growth

Page 25: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AACSB 2018 INNOVATIONS THAT INSPIRE

Our Business Growth program was selected as one of 30 Innovations in Business Education, from around the

world, that are highly effective and “Inspiring”.

© Australian Centre for Business Growth

Page 26: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AU CENTRE FOR BUSINESS GROWTH

OUR Product/Service Innovation:

•Prep work serves as first screen

•Clinic serves as second screen

•CEO must bring at least 2 members of exec team to all 3 modules which are 3 days each, with 3 months between

•Structured program; graphics, writing, interactive, no phones

© Australian Centre for Business Growth

Page 27: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AU CENTRE FOR BUSINESS GROWTHOUR Delivery Innovation:

• Growth Experts

• Companies from multiple industries

• Presentations

• Peer group discussions

• Application to your company

• Presentation to peers and Growth Experts

• Held accountable for executing on what you promised to do

© Australian Centre for Business Growth

Page 28: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AU CENTRE FOR BUSINESS GROWTH

OUR Community and Platform Innovation:

• Community of Alumni

• Willing to help each other

• Open doors; advise

• Pay forward

© Australian Centre for Business Growth

Page 29: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

In the 1 – 3 years since attending aGrowth Clinic 140 companies have:• Generated $400M in additional revenue• Created 777 new FTE Jobs (132 in SA)• Added $65M profit

© Australian Centre for Business Growth

* Results are based on 140 companies (from the SA Growth Program & ANZ’s National GrowthProgram) who have reported results in the 1-3 years since attending the Growth Clinic.

AUCBG ALUMNI GROWTH

Page 30: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

AUCBG Video: https://www.youtube.com/watch?v=V4HlHgqvmH8

Page 31: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

• Techstars Adelaide

• Australian Centre for Business Growth

• UniSA’s Business School

© Australian Centre for Business Growth

We’re innovating and collaborating all the time!

INNOVATION IS ALIVE AND WELL IN SA

Page 32: Startup and Scale-up Programs in South Australia · 2018. 5. 2. · Startup and Scale-up Programs in South Australia Spotlight on Innovation Dr Jana Matthews ... (Including Startup

For Information About Growth Programs

© Australian Centre for Business Growth

Australian Centre for Business Growth

Email: [email protected]

Phone: (08) 8302 0484

www.centreforbusinessgrowth.com