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Encouraging
the local
tech sector.
Charlie Gunningham
Accelerating Commercialisation
Dept of Industry, Innovation & Science
@ChazGunningham
slideshare.net/CharlieGunningham
Perth Paradise city
… tech centre?
Mining $72B/yr
Ag $6.8B, mostly wheat
‘Lithium Valley’ 40% world output
… so what of tech?
Late 90s. Dotcom boom.
(Remind you of anything?)
10 years
later…
2012-17… Mining Construction slows
Layoffs & redundancies rise
CBD office vacancy hits 29%
2012:
2018:Startups + Co-working
~ 450 ‘Start/Scaleups’? 20+ spaces
https://www.startupnews.com.au/list-perth-co-working-spaces/
Educating + Accelerating
30+ Educational ~ 15 with money
2012-17… 900+ new tech jobs
800+ education jobs
(lost 8K mining/O+G jobs)
191 St G T… FULL!
…VGW takes 2 floors
Notable recent funding …
~ ASX & RTOs ~ Non-ASX Deals
60‘Back door listings’ 2013-2017
$34M ICO
$26M Sequoia India
$8M Go Capital
& angels
WA Funding: Mar Qtr 2018
ASX Non-ASX
$43M $15M
Source
The Pitch
Scalable. Create jobs. Diversify.
1. Real biz’s emerging
2. Solve probs,disrupt industries
3. Under funded
4. More success stories needed
Loads of
extra reasons
to back tech
startups…
FUNDING → SUCCESS STORIES
… and SUCCESSES → FUNDING
StartupNews.com.au
Tech city
… what can YOU do?
Thank you for
encouraging
the local
tech sector!
Charlie Gunningham
Accelerating Commercialisation
Dept of Industry, Innovation & Science
@ChazGunningham
slideshare.net/CharlieGunningham

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