Vietnam has one of the youngest populations in the world, with approximately 40% of its 97 million inhabitants aged under 24 years old. This young and tech-savvy population is driving a dynamic and innovative ecosystem, maintaining Vietnam’s consistent annual GDP growth of between 5% and 7.5% over the past two decades.
The side-effect of a young population is youth unemployment. REACH is a Vietnam-based non-profit working to overcome unemployment rates by delivering tailored vocational training to disadvantaged youth.
Melbourne entrepreneur James Murphy (founder of the BajaBoard off-road electric skateboard), first dreamt of building his very own electric scooter back when he was a teenager. Fast forward to 2017, he did just that by starting Raine electric scooters from his home garage.
James was simply looking for a way to get from A to B, but no other electric scooter on the market had the speed, range, power or style he was looking for, so he decided to do what any great engineer would do—design his own.
Wingrove Street is an entrepreneurial leaders podcast where we hear the story behind the startup. Our first guest is Geert Hendrix, who is trying to change the world through agri-tech startup, Farmwall.
"I rediscovered the things I loved doing as a kid. Keeping fish, being outdoors, being in the garden with my grandparents and parents. The drive for a more meaningful existence, and the desire to make a difference in the world we’re heading into, led me to do what I love and follow my passions and spend my life creating something that brings meaning and value."
Melbourne Innovation Centre recently hosted the annual Business Innovation & Incubation Australia Member Forum at MIC Greensborough. The forum provided a range of speakers sharing their experiences across a range of relevant areas for incubator managers, including sustainable business incubator models, contemporary business support programs, regional industry clusters and broader regional economic development strategy.
Russ Wood, long-term co-worker at MIC Northcote, is currently on a business tour in the U.S. With scheduled meetings in Los Angeles, New York, and Boston, he and his business partner are taking their clients to learn more about a new approach to delivering social and health service outcomes.
Russ and his business partner Dale run Latitude Network, a consulting firm that advises on performance-based contracts between service providers and government. We recently sat down with Russ to better understand what this means.
“At the moment,” Russ explained, “our social and health service system is contracted on an activity and output basis. Mental health, family violence, hospital funding and so on. Contracts are based on providing numbers—office opening hours, crisis accommodation occupancy rates, hours of mental health appointments delivered—not long-term change.”
Melbourne Innovation Centre has partnered with Whittlesea City Council to deliver the Ignite Program throughout 2019. In addition to workshops and breakfasts with guest entrepreneurs, Ignite recently hosted an exclusive bootcamp to support and develop local startups. MIC delivered this intensive training to finalists to prepare them for the Grand Pitch night—and we are delighted to congratulate 27Eight on winning the grand prize!
You can have the best product or service on the planet, but if your business marketing isn’t effective, new customers won’t find you and you’ll struggle to grow business revenue.
In the internet age, in order to attract new customers who are genuinely interested in buying a specific product or service, most small business owners realise they should be implementing a digital marketing strategy.
At the same time, most small businesses don’t have a mountain of money to invest in their digital marketing. Thankfully, in large part because of the power and reach of the internet, you don’t have to have a massive digital marketing budget to attract new customers.
Below, we’ve spelled out some of the key low-cost digital marketing channels for you to focus on when looking to start marketing your small business’ products and services.
Jacqui Harvey from Yarra Valley Gourmet Foods became a member of the ASBAS Digital Solutions program in early 2019. Her participation in the ASBAS Digital Solutions program has seen her attendance at four three-hour workshops, covering the topics SEO Foundations for Small Business, Boost Business with Facebook Advertising, Social Media Marketing 101, and Create Video Using a Mobile Phone.
Emily is founder of Bake It Box, a subscription service for DIY baking kits that contain pre-measured ingredients, tools, decorations, and instructions delivered to your doorstep. Emily’s goal is to inspire Australians of all ages and baking levels to have fun in the kitchen.
To open our breakfast, Emily talked about corporate life before starting her small business. She worked in business development in biotechnology, based in a statup environment in a big corporate institute. “I think that really sparked my interest in wanting to start a business from scratch and go out on my own,” Emily said.
Ryan Tilley and Huy Nguyen are unlocking beaches and off-road terrain with their innovative product, Gecko Traxx. The lightweight wheelchair tracks were inspired by a gecko foot, expanding when in contact with the ground, increasing in surface area, and stopping the tyre from sinking into giving surfaces.
Gecko Traxx can be fitted to any 24” wheelchair—by the user, while seated—with a simple roll and clip into place. The tyre returns to its thin profile at the top and sides of the wheel, in no way hindering the push-rim or the frame of the wheelchair.
Australia is facing a recycling crisis.
In 2018, China stopped taking our plastic waste, and earlier this year, India followed suit. The Australian Council of Recycling has warned that with Asian markets shutting its doors, our nation’s recycling is “greatly under threat”.
As a result, Australia is swiftly amassing waste without the resources to process it. Our few dozen processing plants (contrasting China’s thousands) are inundated with plastic bottles, coffee cups, and containers.
This news can be overwhelming and with loud public discussion about Australia’s recycling disaster, and how more needs to be done, it can be easy to overlook the companies in the background that are taking action.
Last month, MIC delivered our third Breakfast with an Entrepreneur event as a part of the IGNITE Program. Run in partnership with the City of Whittlesea, this breakfast series features a local successful startup each month and provides the opportunity for like-minded individuals at different stages of their venture to listen and learn about their journey.
Our guest entrepreneur in April was social entrepreneur and captivating storyteller, Koky Saly.
Koky is founder of social enterprise BeeKeeper Parade and the charity BabyTree Projects. His mission is to improve education in Cambodia and assist in creating a sustainable planet.