It can also be described as a new company that lacks established stability but offers great potential for growth. And, in WA, the startup scene is thriving: technology-based startups are expected to make up approximately 25% of Gross State Product (GSP), $76 billion per annum, by 2025.
Whether you’re an eager entrepreneur or just curious about new local businesses, it’s worthwhile getting involved. And, with so many opportunities, you’re spoilt for choice!
Keep up with @startuperth, StartupWA and Startup News for news on the latest companies, such as Michael Holden’s freight-train startup Bustle; Australia’s first online supply chain community that better utilises existing resources in the supply chain industry.
You’ll find helpful advice from successful entrepreneurs and links to local startup events where you can connect with other industry individuals; like the free fortnightly event at Silicon Beach Perth that features special guest presentations and casual discussion groups.
Spacecubed is Perth’s first co-working space that is designed to support 20 000 local entrepreneurs by 2025. They offer a free industry mentorship program Office Hours, which connects individuals with like-minded industry entrepreneurs.
Or try out Curtin’s First Step Industry Guidance Program: a free online program for students to connect to a variety of industry experts from a rapidly-expanding pool of disciplines.
For a taste of entrepreneurship, sign up for the Startup Weekend, on the 4 – 6th November. This 9th Spacecubed-run weekend is a space for business individuals to pitch their ideas to participants, who then choose what proposal they’d like to back. Teams are formed from the initial pitch, and face the 54-hour challenge of developing their business by conducting market research, creating business models, designing, and coding. This a great opportunity to meet industry individuals, network, and cultivate your business ideas.
Spacecubed’s Intensify industry scholarship also provides an applicant open access to mentorships, events, networks, and facilities at Spacecubed for three months.
And for those raring to go, applications for the SPURonWA Grants open on 17th October. The funding aims to support individuals and small businesses develop inventive ideas, products and services, and is an invaluable experience for any serious innovator.
For more ideas about where and how to kickstart your startup, check out Independent but not alone.