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STARTUP ECOSYSTEM REPORT

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MACKAY<br />

<strong>STARTUP</strong>S<br />

8<br />

Airmap3D (drones)<br />

Farmacist (marketplace)<br />

Job Fit Systems (software)<br />

Kadence Group (collaboration)<br />

Procedures Online & 4P Systems (productivity)<br />

QIT Plus (big data)<br />

SmartHR Solutions (education)<br />

Strictly Service (marketplace)<br />

POPULATION<br />

GROSS REGIONAL PRODUCT TOTAL FUNDING<br />

2.6% of Queensland 57 3.1% of Queensland 54 1.4% of Regional Queensland<br />

123K $8.7B $1.4M<br />

<strong>STARTUP</strong>S BY MARKET FOCUS:<br />

TOP 5 MARKETS<br />

Public Administraiton<br />

Agriculture<br />

Arts & Recreation<br />

Mining & Energy<br />

Information Media<br />

Other<br />

TECH <strong>ECOSYSTEM</strong> SUMMARY<br />

Mackay is widely recognised as the Sugar Capital<br />

of Australia, producing a third of all sugar in<br />

Australia. Mackay is also the gateway to the<br />

Bowen Basin coal mining reserves of Central<br />

Queensland. It is the single largest coal reserve<br />

in Australia, with 34 operational coal mines<br />

extracting more than 100 million tonnes annually.<br />

With the recent (2015) launch of a community<br />

group Startup Mackay; the town held its first<br />

Startup Weekend in October 2015 and ilab’s<br />

Mentor Blaze 20 in September 2015, the ecosystem<br />

is beginning to take root. Regular meetups have<br />

been lacking in the past, but a series of regular<br />

tech specific networking sessions have been<br />

run throughout 2015. The Mackay IT Network<br />

also organises regular meetups but these lack a<br />

specific startup focus. A lack of a shared space or<br />

Coworking hub means people are dispersed across<br />

the city and meetups don’t yet have a set venue.<br />

It is estimated that startups operating out of<br />

Mackay were employing 20+ people. A selection<br />

of notable persons identified in a centrality<br />

ranking are as follows; Jodie Stanley (Startup<br />

Mackay), Dennis Murphy (Startup Mackay),<br />

Darren Cooke (Founder), Chris Madsen<br />

(Founder), John Williams (State Govt), Jenny<br />

Legge (Founder), Nicholas Flor (Founder), Ben<br />

Wearmouth (Support) and Mick Storch (Founder).<br />

The following technology related events and<br />

meetups were identified, and are presented<br />

according to their importance to the ecosystem:<br />

Startup Mackay Meetup, ilab roadshow, AGRI<br />

innovation conference and Mackay Maker Space<br />

Meetup.<br />

ISSUES & ACTIONS<br />

A major issue highlighted by participants was<br />

the lack of established networks, mentors and<br />

educators to help build the ecosystem from the<br />

ground up. Participants stated that the lack of<br />

a collaborative space to work from and hold<br />

central events had resulted in a number of silos<br />

developing. A lack of available local talent was<br />

also seen as a hurdle for growing large local<br />

startups without having to move to a capital city,<br />

and this was compounded by the mining industry<br />

drawing talent away from local startups.<br />

Participants highlighted a major desired action<br />

was the set up of a local hub in the CBD to enable<br />

collaboration and networking. The identification<br />

of a local angel investor network was also seen as<br />

a priority action to localise investments. Securing<br />

a Startup Weekend and Mentor Blaze was seen as<br />

a core enabler to the establishment of a grassroots<br />

ecosystem.<br />

ISSUES TOP 5<br />

Collaboration & Networking<br />

Infrastructure<br />

Talent & Skills<br />

Raise Awareness<br />

Funding<br />

ACTIONS TOP 5<br />

Local Angel / VC Group<br />

Hub / Coworking Space<br />

Startup Apprentice<br />

Collaboration & Networking<br />

Communication Hub<br />

23%<br />

23%<br />

20%<br />

17%<br />

10%<br />

30%<br />

23%<br />

20%<br />

10%<br />

10%<br />

Established technology companies and supporting<br />

entities that play an important role in the Mackay<br />

Ecosystem include; Big Mate (GPS), Acubis<br />

(Wireless), LogiCamms, Circuit Wiz (software),<br />

Real Time Instruments (sensors), Central<br />

Queensland University (education) and Resource<br />

Industry Network (support).<br />

25

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