We would love to hear about it!You can learn a lot about your business by talking to people; it can either help you gain confidence in continuing with your idea or perhaps a small pivot from your original idea could make the difference between getting off the ground and becoming global.
We run hundreds of consultations every year with entrepreneurs, researchers and industry about their innovative ideas, businesses and projects. What are the top questions we get asked?
I've built my product; how do I find customers?You've made the classic mistake of building something before speaking to customers. Better late than never though – get out there and speak to your potential customers, find out if your product will work for them, and make some sales! This process can be daunting, but it gets easier the more you do - perhaps start the conversation here in this forum.
What types of funding opportunities are out there for start-ups?Canberra has several high-quality funding opportunities for startups, but what stage your business is at determines which one is most relevant for you. For idea stage startups, the Innovation Connect Grant is one of the most accessible grants in Australia in terms of barriers to entry. You need be doing something innovative obviously, but all you need to do to apply is come and talk to us and make a 60 second pitch video. For startups that have a prototype and maybe a few customers, an accelerator program like the GRIFFIN Accelerator as well as tapping into angel investor networks like Capital Angels or Sydney Angels, can be a great source of mentoring as well as funding. For startups that have revenue and are looking to scale-up or build out the product, the Accelerating Commercialisation Grant can provide up to $1M in matched funding.
Where can I find advisors or mentors?The only way you will find people to advise or mentor you is by getting out there and talking to people about your idea. Attend networking events, ask for connections and be open to coaching.
At the Canberra Innovation Network we are passionate about the innovation community and want to help you find the right information, opportunities and connections to help you turn your idea into a high impact, commercial reality. Want to have a chat? Book a meeting with the Canberra Innovation Network today!Do you have an innovative idea, business or project? Get in the forum now - share, exchange and offer your expertise!
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