After ten weeks, three team hunts, five workshops, eight After Hours events and a lot of coffee (some 800+ cups!), the InnovationACT program for 2017 has drawn to a close.
IACT17 was by far the biggest year in our program’s ten year history, with 61 teams from across Canberra’s major tertiary institutions taking part.
There were some truly amazing ideas from this year’s cohort, spanning a wide range of disciplines, from hardware solutions to health to social ventures. With help from the dedicated IACT Committee, the IACT Collective (a team of IACT alumni volunteering their time and expertise) and mentors, the teams developed their venture concepts over the course of the program, drawing on a range of tools and skills to turn their initial ideas into a fully-functioning ventures.
Nine brave teams were invited to the stunning National Museum of Australia to pitch their venture concepts to our panel of judges, who represent key stakeholders within the Canberra innovation ecosystem, and an audience of around 250 people. The IACT17 judging panel consisted of Glen Hassett from the ACT Government, Deborah Anton from IP Australia, Petr Adamek from CBR Innovation Network, and Anna Pino from Lighthouse Business Innovation Centre.
The judges remarked that this year’s pitches were some of the highest quality they had seen to date and had a very tough time selecting the grant recipients.
Based on the teams’ pitches, the judges decided to award a share of the $50,000 seed pool to these four very deserving teams:
Re-Direct – Re-Direct is looking to harness the energy of the sun to improve the living standards of rural populations around the world. The team is made up of ANU students and alumnus.
ScriptsReady – ScriptsReady is looking to cut down the waiting time for medication at the pharmacy through an online prescription platform. The team is made up of an ANU student and a UC alumnus.
Savage Yeti Games – Savage Yeti Games is an independent game studio with a focus on providing short, intellectually challenging physical and mobile games, and have just released their mobile game PatchWord. The team is made up of two AIE students.
OK RDY – OK RDY is developing a mentorship and skilled-volunteer matching platform with a focus on connecting students to professionals and organisations. The team is made up of ANU and UC students, a UC alumnus and an ANU staff member.
Congratulations to each and every team that participated in the IACT17 program. Whether you received funding or not, we hope the experience has provided you with the skills and networks necessary to continue your entrepreneurial journeys into the future.
InnovationACT is a proud initiative of The Australian National University, with support from our Major Partners at the University of Canberra, ACT Government and IP Australia and our wonderful Supporters AIE, CIT, CBR Innovation Network, GRIFFIN Accelerator, KILN Incubator, Stir, Entry 29, The Mill House Accelerator, Game Plus, Renewables Innovation Hub, Lighthouse Business Innovation Centre, ThinkPlace, Tailored Accounts, Griffin Legal, Mude, Prinstant, GridLabs and Kreatif. Thank you also to our judges, mentors, the IACT Collective and the wider IACT community. The program would not be what it is today without all of your continued support.
So what’s next for InnovationACT? The team will be hard at work over the coming months to make plans for IACT18. In the meantime, make sure to follow us on Facebook and Twitter, or sign up to the newsletter for all the latest updates.