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Tim Elwin - How dating a startup will drive your corporate innovation

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How dating a startup will drive your corporate innovation

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Tim Elwin - How dating a startup will drive your corporate innovation

  1. 1. HOW DATING A STARTUP CAN DRIVE CORPORATE INNOVATION HOW DATING A STARTUP CAN DRIVE CORPORATE INNOVATION
  2. 2. THE FACTS
  3. 3. $1.2b PER YEAR WASTED RENT IN SYDNEY OFFICE SPACE
  4. 4. * 15% rate from Altspc commissioned market research paper 2016 # NSW Department of Industry Global rent comparisons http://www.industry.nsw.gov.au/invest-in-nsw/about-nsw/economic-growth/developed- infrastructure/Comparison-of-global-office-costs * Commercial sqm from colliers international/Property Council of Australia $1,203,060,000 Value of the Estimated 15% Unused Space* $1.2b PER YEAR WASTED RENT IN SYDNEY OFFICE SPACE $8,020,400,000 Value of Sydney’s Commercial Office Space
  5. 5. $1.2b PER YEAR WASTED RENT NORTH SYDNEY + CROWS NEST + ST LEONARDS + PART OF CHATSWOOD
  6. 6. WHAT IF YOU’RE BUSINESS DOESN’T NEED DESKS?
  7. 7. RETAIL SHOPS
  8. 8. CAFES & RESTAURANTS
  9. 9. COMMERCIAL KITCHENS
  10. 10. CREATIVE SPACES
  11. 11. MECHANICS
  12. 12. INDOOR EVENT SPACES
  13. 13. OUTDOOR EVENT SPACES
  14. 14. SOUND STUDIOS
  15. 15. STORAGE
  16. 16. WAREHOUSING
  17. 17. PHOTOGRAPHIC STUDIOS
  18. 18. FITNESS
  19. 19. HAIR & MAKEUP
  20. 20. THERAPY
  21. 21. CAR PARKS
  22. 22. MEDICAL
  23. 23. AGRICULTURE
  24. 24. WHO GIVES A ……..?
  25. 25. PEOPLE ARE A MAJOR COMPANY ASSET
  26. 26. ENTREPRENEURS PUSH THE EDGE
  27. 27. SHARING MORE THAN JUST THE SPACE YOU ARE IN
  28. 28. IDEAS SPARK INNOVATION
  29. 29. SHARING DRIVES INNOVATION
  30. 30. CHARACTERISTICS OF A STARTUP Work Ethics Creativity Innovation Drive Persistance Take risks
  31. 31. WHAT IF A FEW MORE STARTUPS MADE IT OFF THE COUCH
  32. 32. 39 What is It?
  33. 33. 3-5 Year Leases Directors Guarantees 3 Month Bonds Landlord's legal fees Long Process to secure space Take on more than they require Your legal fees Fit out costs Electricity etc MASSIVE BARRIERS TO ENTRY
  34. 34. IMAGINE GETTING PAID TO DRIVE INNOVATION IN YOUR BUSINESS!
  35. 35. THERE’S MORE TO BUSINESS THAN SIMPLY DOING BUSINESS
  36. 36. THE FORMULA
  37. 37. THE FORMULA + RENT OUT SOME SPACE TO A STARTUP + STARTUPS INTERACT WITH YOUR STAFF + ADD BIT OF COLLABORATION = IGNITE A STARTUP CULTURE & DRIVE INNOVATION
  38. 38. ANY SPACE | ANY INDUSTRY | ANY LOCATION
  39. 39. Turning Empty Space Into $$ Removing Long Term Lease & Contract Barriers Move In TomorrowAny Space, Any Industry, Any Location Community SafetyFree + Easy To List BUSINESSES LOOKING FOR SPACEBUSINESSES WITH SPACE PEOPLE + SPACES Free Photography Explore, Collab, Connect FREE $60m+ Insurance | Money Back Guarantee
  40. 40. THANK YOU! You can find us at the Altspc Stand or Altspc.com Tim Elwin - Co-Founder & Managing Director telwin@altspc.com

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