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Encouraging the startup ecosystem in Western Australia

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Talk to the Australian Computer Society (ACS) annual conference. June 2018.

An overview of the local economy, and changes seen since the slowing of the mining construction boom. Many have taken to the tech sector to startup, scale up, invest or find jobs.

What stage is the local tech sector at, and what does it need next? Why is the local tech sector so important, and how can we encourage it to grow further?

Published in: Business
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Encouraging the startup ecosystem in Western Australia

  1. 1. Encouraging the local tech sector. Charlie Gunningham Accelerating Commercialisation Dept of Industry, Innovation & Science @ChazGunningham slideshare.net/CharlieGunningham
  2. 2. Perth Paradise city … tech centre?
  3. 3. Mining $72B/yr
  4. 4. Ag $6.8B, mostly wheat
  5. 5. ‘Lithium Valley’ 40% world output
  6. 6. … so what of tech?
  7. 7. Late 90s. Dotcom boom. (Remind you of anything?)
  8. 8. 10 years later…
  9. 9. 2012-17… Mining Construction slows Layoffs & redundancies rise CBD office vacancy hits 29%
  10. 10. 2012:
  11. 11. 2018:Startups + Co-working ~ 450 ‘Start/Scaleups’? 20+ spaces https://www.startupnews.com.au/list-perth-co-working-spaces/
  12. 12. Educating + Accelerating 30+ Educational ~ 15 with money
  13. 13. 2012-17… 900+ new tech jobs 800+ education jobs (lost 8K mining/O+G jobs)
  14. 14. 191 St G T… FULL! …VGW takes 2 floors
  15. 15. Notable recent funding … ~ ASX & RTOs ~ Non-ASX Deals 60‘Back door listings’ 2013-2017 $34M ICO $26M Sequoia India $8M Go Capital & angels
  16. 16. WA Funding: Mar Qtr 2018 ASX Non-ASX $43M $15M Source
  17. 17. The Pitch Scalable. Create jobs. Diversify. 1. Real biz’s emerging 2. Solve probs,disrupt industries 3. Under funded 4. More success stories needed
  18. 18. Loads of extra reasons to back tech startups…
  19. 19. FUNDING → SUCCESS STORIES … and SUCCESSES → FUNDING
  20. 20. StartupNews.com.au
  21. 21. Tech city … what can YOU do?
  22. 22. Thank you for encouraging the local tech sector! Charlie Gunningham Accelerating Commercialisation Dept of Industry, Innovation & Science @ChazGunningham slideshare.net/CharlieGunningham

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