20.07.2016 Views

STARTUP ECOSYSTEM REPORT

ogpe302pAOT

ogpe302pAOT

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

CAIRNS<br />

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

31<br />

2 bit Studios (Game Studio)<br />

AUFO (Drones)<br />

Bets With Friends (Mobile App)<br />

Catch Log Trading (Analytics)<br />

Didgigo (Content Creation)<br />

Drink Tracker (Mobile App)<br />

Droner (Drones)<br />

Dynamic Conversations (Marketplace)<br />

Focuss (unknown)<br />

HelloClaims (Insurance)<br />

I Want That Course (Marketplace)<br />

iAMConnected (Collaboration)<br />

Inspection Apps (Mobile App)<br />

InstaConnect (IOT)<br />

Konveen (Communication)<br />

Mogtastic (Game Studio)<br />

My Footy Boots (Marketplace)<br />

Nupath (Education)<br />

Orb Studio (Game Studio)<br />

Pak Yak (Mobile App)<br />

Relocations to Go (Marketplace)<br />

Sakure (Desktop App)<br />

Sam the Waiter (Mobile App)<br />

ShareStuff (Marketplace)<br />

Snipe (Productivity)<br />

TenderHound (Collaboration)<br />

ThermaCulture (IOT)<br />

ThoughtSelect (Mobile App)<br />

UAVIEW (Drones)<br />

Voista (Software)<br />

Why Not Tours (Marketplace)<br />

POPULATION<br />

GROSS REGIONAL PRODUCT TOTAL FUNDING<br />

3.4% of Queensland 57 2.7% of Queensland 56 13% Regional Queensland<br />

159K $7.6B $1.4M<br />

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

TOP 5 MARKETS<br />

Professional Services<br />

Agriculture<br />

Education & Training<br />

Tourism<br />

Information Media<br />

Other<br />

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

Cairns and the Great Barrier Reef are a<br />

unique environment, renowned nationally and<br />

internationally as a premier tourism destination.<br />

The region attracts more than 2 million domestic<br />

and international visitors each year, contributing<br />

over $2.6 billion dollars to the local economy. As<br />

a result, Cairns has a large transient population<br />

that adds to the complexity of the establishment<br />

of a robust tech ecosystem.<br />

Cairns is emerging as a strong digital technology<br />

hub. Cairns has a higher density of startups per<br />

capita than South East Queensland. Yet local<br />

startups haven’t raised anywhere near as much<br />

money. Most technology startups are based out<br />

of the CBD, and a number benefit from support<br />

from centres like theSpace co-working hub. The<br />

startup scene in Cairns spans multiple sectors,<br />

including education and agriculture. A number<br />

of tourism and construction startups exist in<br />

Cairns, alongside a growing professional services<br />

sector. The Cairns Regional Investment Group is<br />

currently developing a network of angel investors<br />

with a focus on Cairns and regional opportunities.<br />

It is estimated that the 31 startups operating out of<br />

Cairns were employing 120+ people. A selection<br />

of notable persons identified in a centrality<br />

ranking are as follows; Troy Haines (Coworking),<br />

Damian Zammit (Coworking), Steven Hambleton<br />

(Founder), Andrew Joy (Founder), Daniel Lundh<br />

(Founder), Nathaniel Armer (Founder), John<br />

Milkota (Funding), Matthew Hanson (Founder),<br />

Daryl Postgate (Founder), Matt McKinley<br />

(Founder), Robert Buhrke (Funding) and Roy<br />

Wybrow (University).<br />

Established technology companies and supporting<br />

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

ecosystem include; ResPax (Software), Koolivoo<br />

(Software), Iceberg Innovation (Funding), Cairns<br />

Regional Investment Group (Funding), James<br />

Cook University (Education), Digital Cairns<br />

(Support), Dive into Digital (Support) and<br />

PiDataConsulting (App Development).<br />

The following technology related events and<br />

meetups were identified, and are presented<br />

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

Cairns Startup & Entrepreneurs Meetup, Startup<br />

Weekend, Mentor Blaze, Dive into Digital, Startup<br />

Lab, Silicon Beach Cairns, Pitch Night and<br />

FunGIS.<br />

ISSUES & ACTIONS<br />

Cairns participants expressed a major issue with<br />

the lack of a large physical space being a hurdle<br />

for startups, in addition to a low risk appetite<br />

among entrepreneurs, legislators and investors.<br />

The attraction of talent to the region was also seen<br />

as a problem, and retaining talent in an area with<br />

a large transient population was seen as a major<br />

barrier to the growth of the ecosystem.<br />

Participants suggested that the development of<br />

a local tech campus including coworking spaces<br />

supported by levels of government would provide<br />

the infrastructure needed to firmly establish a<br />

robust tech ecosystem. The Cairns Innovation<br />

Centre, announced in July 2015 and expected to<br />

launch in 2017 could address some of these needs.<br />

Engaging early with local graduate software<br />

developers was seen as a way to retain local<br />

talent. A highly innovative solution was to enter<br />

into negotiation with one of Cairns’ seven global<br />

sister cities for a seamless flow of tech talent.<br />

ISSUES TOP 5<br />

Infrastructure<br />

Culture<br />

Talent & Skills<br />

Raise Awareness<br />

Funding<br />

ACTIONS TOP 5<br />

Hub / Coworking Space<br />

Brand / Culture<br />

Startup Apprentice<br />

Govt Provide Supportive Role<br />

Education Program<br />

29%<br />

29%<br />

16%<br />

11%<br />

10%<br />

25%<br />

21.67%<br />

16.67%<br />

13.33%<br />

10%<br />

29

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!