“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...

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embark on a business enterprise. The program consists of a number of schemes but the cornerstone has been Business Initiates from Graduates (BIG). Under BIG, four Adelaide University scholarships are offered each year to successful applicants to undertake development of a business enterprise at the Thebarton Precinct within the incubator facility. Participants are not expected to have any prior business experience and can come from any discipline. Persons completing their final year of university study were targeted as the primary source of applicants. In a concentrated 12-month period, applicants enroll in a Graduate Diploma in Business Enterprise, which provides training in small business management, finance, marketing, entrepreneurship and innovation. They are provided with free office accommodation, photocopying, fax, computing, and some service support together with access to interest free loan funds from the University's commercial development company. At the end of the 12-month period, participants are offered subsidized accommodation at the Thebarton Research Precinct together with some continued mentoring and limited other assistance. Participants in the program have been split between those undertaking product development and those entering skilled consultancy areas. An example of a participant in the BIG program is Dean Martinello. Dean was an Engineering student from Adelaide University who applied to the program in 1996. His application was based on the development of a consultancy in the area of Factory Layout Simulation, Process Modeling, and Robot Workcell Design. Utilizing 3D graphical simulation, a manufacturer is able to explore the effects of any proposed changes to their operations prior to making a major capital investment. Dean’s company, 4DM, is currently in its fifth year of business and is an independent tenant at the Thebarton Precinct. Having completed a wide range of projects for an expanding client base, 4DM is recognized as one of the most experienced consultancies in its field in Adelaide. The Premier's Enterprise Scholarship is a new part of the BIG program and has been developed to reward and encourage innovation and entrepreneurship in SA in the field of Information Technology and Communications (IT&T). This prestigious scholarship is valued at AUD $45,000. A successful applicant receives, in addition to the BIG program support, funding to spend six months in Austin at the IC2 Institute of the University of Texas. At the Institute, has access to technology expertise, is provided introductions to international contacts, and receives training in developing and operating a business venture. Stephen Watt was awarded the Premier’s Enterprise Scholarship for 2000 to develop entrepreneurial skills in new media venture creation. He was the first participant in this scholarship program. During a 12-month residency in IC2 Institute’s Austin Technology Incubator, Steve consulted to Alchemy Studios, winning and managing a major multimedia contract delivering web-based marketing and community building solutions for the Summer Camping industry in the United States. COMMERCIAL IN CONFIDENCE 114
Stephen Watt is an “innovation and commercialization manager” currently in residence at the Thebarton Precinct. Additionally, Steve has established his own company, Golden Haired Boy Multimedia, under the slogan “New Media Solutions for eBusiness”. Steve’s company is developing its first new media product, “DataShark” for commercial release in 2001. Chalisa Morrison was awarded the Premier’s Enterprise Scholarship for 2001. She is an Adelaide fashion designer who had the award winning 'innovative idea' to develop a specialized CAD software system for the fashion design industry. Chalisa spent six months in Austin, Texas during 2001, as part of the PES program, researching and developing her ideas. As a result of her Austin experience, her once small idea has blossomed into a technology commercialization venture with much greater potential. In addition to BIG and the Premier's Enterprise Scholarship, the University also assists PhD candidates approaching the end of their candidacy with similar support to that outlined above. To date, across all three programs (including this years participants) the University will have assisted approximately 50 people commence almost 40 businesses. (Some of the applicants have formed teams). Facilitators University and City Policy • Criteria for occupancy at Thebarton Precinct are based upon a tenant’s ability to enter into a collaborative relationship with the University. This includes: cooperative education programs, joint research activities, and opportunities for student work experience. • The City of Charles Sturt has developed a Digital Precinct strategy entitled ‘Switched On Hindmarsh’. This strategy includes: establishment of an integrated IT platform, providing high quality urban design and public infrastructure to upgrade the amenities of the District, and development of a marketing plan that provides a strong identity for the promotion of the area. Business Oriented Processes and Entrepreneurial Approaches • Thebarton programs have supported the establishment of over 40 new graduate businesses during the 1993-2001 period. • Thebarton has over 70 tenant groups comprising commercial enterprises, start-up companies, university research, and service groups. • Thebarton’s Graduate Entrepreneurial Program provides a physical and program base for developing student projects into new business enterprises. • Thebarton University hosts applied research activities including areas of Mechanical Engineering, Chemical Engineering, Occupational Heath, Electronics, and Laser Optics. • Commercial enterprises at the Thebarton Precinct include businesses involved in: materials engineering, biotechnology, laser optics technology, medical products, information technology, environmental sciences, and telecommunications among others. • The Exporters’ Club is located within the Digital Precinct. It is a Charles Sturt Council initiative with Port Adelaide/Enfield to assist small and medium size businesses to export. COMMERCIAL IN CONFIDENCE 115
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“Quicklook” Assessment of Great
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Table of Contents Adelaide Knowledg
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Interview Notes:...................
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Introduction and Overview Adelaide
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US Participants David V. Gibson, Ph
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and top-tier support for 500+ offic
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Eric Sloan Electrical Engineer, Mob
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Investor Communications Web Team Su
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B. Acc MICHAEL BRIDGE Proprietor, M
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SECTOR COORDINATING CONTACT EMAIL A
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Entrepreneurial Infrastructure - Sm
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The Interviews SARDI - SA RESEARCH
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• An international reputation for
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opportunities. South Australian res
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• Aquaculture is the fastest grow
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The discussion issues were intense
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SARDI Aquaculture Program Leader So
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AUSTRALIAN SUBMARINE CORPORATION (A
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MANUFACTURING Manufacturing Intervi
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• Getting small and medium size b
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BRANDING ADELAIDE July 12 , 2001 Da
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Tall Poppy Syndrome Ways in which t
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CIVIC LUNCHEON By Barbara Fossum, D
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NOTES FROM MEETING Margaret Caust,
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Roseanne - Still need disciplines t
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where appropriate and suggestions f
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• World IT Congress (in Feb. 2002
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9. Because people are moving back i
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DSTO SWOT Strengths o Many availabl
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DEFENSE TEAMING CENTER Interview Te
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• They are working with the local
Page 63 and 64: • Big negative: people move to Ad
Page 65 and 66: way to give the government more dim
Page 67 and 68: “Enterprise Education is directed
Page 69 and 70: edge professional development known
Page 71 and 72: Interview Team -Pete Polonsky -Dave
Page 73 and 74: THE SOUTH AUSTRALIAN FOOD INDUSTRY
Page 75 and 76: Interview Team • Eddie Trevino, T
Page 77 and 78: • Infogram is a games publisher f
Page 79 and 80: HEALTH TEAMING Interview Team • C
Page 81 and 82: • Found that there is an (embryon
Page 83 and 84: • Jurgen is putting a working gro
Page 85 and 86: chamber of commerce set up BV2010.
Page 87 and 88: • Collaboration: 6 CRCs: viticult
Page 89 and 90: Interview Team Kevin Hudson Adrienn
Page 91 and 92: John Chapman did the presentation.
Page 93 and 94: “Because we are good we can be in
Page 95 and 96: Issues Opportunities that is done o
Page 97 and 98: INNOVATION, SCIENCE, AND TECHNOLOGY
Page 99 and 100: Stage 2- External to rest of Austra
Page 101 and 102: clusters in the Adelaide area shoul
Page 103 and 104: MINERALS INDUSTRY, INCLUDING OIL AN
Page 105 and 106: often than not, from international
Page 107 and 108: Entrepreneurial Infrastructure •
Page 109 and 110: o “There is some hope but don’t
Page 111 and 112: Prescott’s Automotive Services Pt
Page 113: THEBARTON PRECINCT & CHARLES STURT
Page 117 and 118: TRANSPORTATION STUDY PORTS CORP AND
Page 119 and 120: Proposals to develop national wareh
Page 121 and 122: UK when compared to Asia. Additiona
Page 123 and 124: VENTURE CAPITAL, ANGELS AND OTHER E
Page 125 and 126: Vic. 204 31.3 598 24.1 Qld. 43 6.6
Page 127 and 128: • Transfer the cooperative model
Page 129: iv http://www.portscorp.com.au/ v h
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