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Majoran Distillery Proposal


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Majoran Distillery Proposal

  1. 1. introducingAdelaide’s first, tech-focused, co-working space: achievements so far: 2 15 Months Members 2 Feature Articles and growing...
  2. 2. WE’RE ON A MISSIONTo create a self-sufficient, tech co-working space that: • Promotes big thinking in Adelaide • Is the birth place of digital giants • Grows Adelaide’s start-up eco-system • Connects Adelaide start-ups with the global stage COME JOIN US...
  3. 3. AN OVERVIEW We’re After: You Receive: YOUR BRAND associated with the local tech brand we’re building: 1 x Platinum Sponsorship We want to partner with organisations who can benefit our members through the products/services that they offer. These parteners will, in return, receive recognition for their contribution to the members/space. 1 x Gold Sponsorship YOUR BRAND associated with the local tech community we’re building: We’re hosting regular events and networking nights that are loved by the local tech community and your brand will be part of these events too. YOUR BRAND associated with the local tech forum we’re building: 3 x Silver Sponsorships Like the Forum to the Roman Empire our goal is to become the physical hub for all things tech and startup in Adelaide. Your brand will be front row centre at this space. [page 8 details in full the sponsorship packages available]3 The Opportunity The Distillery The Future The Team
  4. 4. THE MAJORAN DISTILLERY Currently is:11 amazing start-ups, including: Our name? It’s a secret. But the ‘Distillery’ implies a sense of time. Great things • Venture Capital fund raising $15 million (think Scotch) take a long time to mature and develop. Tech startups • Seasoned vetran on second startup are the same. • 1 alumni team out of Startmate (premiere Australian Accelerator) • Interest ever week for membership at the space1 amazing Launch Party and ongoingMonthly Events: • Alan Jones ex-Yahoo/Microsoft opened • Launch attended by 80 local tech entrepreneurs • 30+ engaged members at monthly events178 Facebook likes/97 Twitter followers(and counting)Already coverage in The Advertiser andnational online news sources4 The Opportunity The Distillery The Future The Team
  5. 5. CURRENT MEMBERS furio.co5 The Opportunity The Distillery The Future The Team
  6. 6. THE FUTUREWE’RE CURRENTLY OPERATING AT CAPACITY:We launched in August 2012 to see if Adelaide was ready for the co-working concept.It is.We have 15 members paying between $200 and $300 per month to use our desks and attend our events.When we launched we forecast a small profit of $1,910 based on 16 full-time members by June 2013.We have almost reached this target in only 2 months of operations.Demand for our services has exceeded expectations and we are looking for larger premises to accomodate the Distillery.FUNDRAISING TARGET: We are seeking to raise between $30,000 and $60,000 to enable us to fit-out and lease premises 2-3 times larger than the current space (up to 300m2) and to support a quality calendar of events for our members and general public. Based on conservative growth of 2 new memberships per quarter (1 Full-time and 1 Part-time) and rent and outgoings at $30,000 p.a. we have estimated that it would take approximately 18 months (April 2014) before cash reserves are sufficient to support this size investment. However, both current members will be more satisfied (and maintain their memberships longer) and future members will be more attracted to both a larger space and a higher quality fit-out.[We have prepared 3 Year Forecast Profit & Loss, Cash Flow and Balance Sheet for sponsors looking to take thispresentation further]6 The Opportunity The Distillery The Future The Team
  7. 7. THE FUTUREA SUCCESSFUL EXAMPLE OF WHAT WE’RE AIMING TO BUILD: Fishburners (, in Ultimo Sydney, is an example of a successful co-working space we’re seeking to emulate at theMajoran Distillery. It is the largest tech co-working space in Australia.Fishburners offers desks for $300 per month and houses up to 120 start-ups. Thanks to the sponsorship they have locked in withOptus they have were able to expand to a second level in September 2012.Like the Distillery they were established as a not-for-profit to grow tech entrepreneurship in Australia by providing a space forentrepreneurs to increase their chance of being successful through expanding their networks and having access to experiencedmentors. Fishburners, Ultimo Sydney7 The Opportunity The Distillery The Future The Team
  8. 8. SPONSORSHIP PACKAGES At this first expansion phase, we are moving to a bigger space with 30 desks with a target 80 permanent and casual members. It’s doubled as an event space that can cater up to 100 people.Platinum Sponsor Gold Sponsor * Logo on sponsor list banner showcase at all events held at the MD* Logo showcase on the MD wall signage * Logo display on front page* Banner with “The Majoran Distillery sponsored by Your * One drop-in desk per month for staff to connect and learnCompany” showcase at all events held at the MD * Opportunities to promote products and services in the MD* Logo and link prominently showcase on our website and newsletteron Facebook page* Logo showcase on all marketing materials such as t-shirt* First mention in speeches on all events run by the MD* One drop-in desk per week for staff to connect and learn* One A0 size poster on our wall Silver Sponsors* Opportunities to promote products and services in the MD * Logo display on majorandistillery.comnewsletter * Logo on sponsor list banner showcase at all events held at the MD * Opportunities to promote products and services in the MD newsletter8 The Opportunity The Distillery The Future The Team
  9. 9. THE TEAM Chhai Thach - President Chhai brings to the Majoran Distillery ten years of experience in the information technology and telecommunications industry. Chhai has beenThe Majoran Distillery is founded by a group of young involved in telecom startups; developed and built ISP billing and managemententrepreneurs whose experiences come from a broad range systems, deployed VoIP network, developed web sites for companies such asof fields including information technology; accounting and Radio Rentals, Travel Auctions, ECH and; and corporate and commercial law. In his role as President, Chhai is responsible for the day-to-day operation andThe board of directors of the Distillery currently comprises management of the MD.the following: Michael L Reid - Treasurer Michael is a Chartered Accountant with experiences both in private and Majoran Distillery Limited corporate accounting practices. In his role as Treasurer, Michael is responsible for the accounts and finances Chhai Thach Michael L Reid William Chau of the Distillery. President Treasurer Secretary William Chau - Secretary William is a solicitor and barrister of the Supreme Court of South Australia. In this role, William has acted as a key adviser to many infant businessBoard of Advisors including internet and technology businesses in key areas such as intellectualEnterprise Adelaide property, structuring, corporate governance and, commercial relationships andShane Cheek former Playford Capital fund manager contracts.Chris Sampson former CIO and Deputy Secretary, Departmentof Environment, Tasmania In his role as Secretary, William is responsible for ensuring that the DistilleryKen Saman - Vice President Operations at YourAmigo complies with good corporate governance principals.9 The Opportunity The Distillery The Future The Team
  10. 10. CONTACT DETAILS For all enquires regarding this proposal please contact Chhai Thach: 0431 702 975 Web site: Facebook: Twitter: @majorandistil Level 2, 186 Pulteney Street, Adelaide 5000