Startups are key contributors to regional economies, creating new employment opportunities.
Research by the Kauffman Foundation in the United States highlighted that startups were the biggest contributors to net job growth between 1977 and 2005. The research found that without startups there would be no net jobs growth in the economy. Australian data shows the same thing - startups and young firms are the major contributors to employment growth.
Startup - businesses play a vital role in local economies by:
- Creating new employment opportunities
- Replacing jobs lost by businesses exiting
- Refreshing the local economy – new ideas, energy and new sectors.
Startup entrepreneurs are not confined to capital cities and many smaller cities and regions across the world are actively supporting the startup and growth of a new wave of businesses.
Causeway Innovation supports the growth of individual startups and startup communities with practical programs and strategic advisory services.
AREAS OF EXPERTISE
Developing Regional Innovation Ecosystems and startup communities
Developing physical innovation hubs and precincts - including incubators & coworking spaces
Entrepreneur skills development & Accelerator programs: building knowledge, confidence, networks and applying learning
Pitching for investment: communicating a compelling business opportunity
University entrepreneurship programs - from undergraduates to MBAs.
WHY WORK WITH US
We have supported over 250 startups & SMEs and consulted to over 50 of the world's leading companies.
Growing startup communities takes time and we understand and the key ingredients for success.
We get regions
We have worked in regional areas across the UK and Australia, regions are not the same as big cities.
Not just tech
Hi-tech startups are not the only game in town - sectors like food, agribusiness and health have many opportunities.
Supporting startups services
BUILD A BETTER STARTUP
Format: Workshop intensive, 2 – 3 sessions
A short course aimed at budding and early stage entrepreneurs – a flexible delivery format with two to three sessions. Designed to feed into regional innovation programs.
This short course covers ideas, structures and approaches to help startup entrepreneurs build a better business, faster and increase their chances of success by avoiding common issues.
Content includes idea generation, startup motivation, how to make a new idea happen, networking, sources of funds, Lean Startup principles, building a business model and team.
Key focus areas
Startup principles and how to build a successful business fast
How to increase chances of success by avoiding common mistakes
Startup motivation and how to make new ideas happen
Networking skills and the sourcing of funds
PITCHING SKILLS WORKSHOP
Format: Workshop intensive, 1 – 2 sessions
An interactive workshop aimed at startup and early stage businesses. Initially developed for QUT bluebox to help entrepreneurs develop their businesses pitches for the QUT $500k Innovation Challenge and Accelerator programs.
The workshop provides an overview of sources of finance for startup businesses, what different types of investors are looking for and how to effectively pitch a business idea to a potential investor.
Workshop format is flexible and is delivered over one or two sessions.
Key focus areas
How to develop a successful business pitch to a potential investor
Understanding sources of finance for startup businesses
Recognise what different types of investors are looking for in a startup business
DEVELOPING START UP COMMUNITIES
Format: 12 month development program
Startups play a vital role in regional economies and make a critical contribution to net job growth.
Startups are one key component of a wider Innovation Ecosystem that also includes small and mid sized businesses - including scaleups – larger businesses and supporting organisations.
Causeway has developed a 12-month program to accelerate the development of regional innovation through startup communities and has assisted in the development of Startup Bundaberg and Startup Gympie Region.
Key focus areas
Developing an action plan and communication channels
Facilitating an events and mentoring program
Building a network of entrepreneurs and supporters
Building the profile of the region as base for innovative businesses
Facilitating links to key people, networks and events
Developing an Innovation Hub or coworking space