By Alistair Coulstock

I was first introduced to the Australian Technology Competition in 2014, a competition which brings together some of the best and brightest inventions across multiple industries. This year I again have the honor to be a judge.

Now in its sixth year, the 2016 Australian Technology Competition (ATC16) offers companies access to mentors and connections to investors, customers, specialist advisors, grant programs and international markets.

Since 2014, I have seen these awards grow to include more categories, and offer more opportunities to more businesses. It’s a great avenue for showcasing smart ideas and for companies trying to make a difference. This year Cundall is partnering with the competition to help make that difference.

One of the things that make judging so interesting, is each candidate has to submit a business plan, and it’s always fascinating to see where a company’s strengths and conversely, weaknesses lie.

Hence a significant benefit for entrants to the competition is the opportunity of mentoring sessions provided as part of the competition. These sessions provide the semi-finalists  key skills for success such as how to go to market, how to scale and how to attract investment and funding. Many great ideas fail, not because of the product but due to other factors that contribute to a successful business.

These mentoring sessions assist the semi-finalists to be prepared for the market exposure that they receive. The competition is designed around assessing companies against their best chance of success at becoming a global organisation, and opportunities including attracting investment and growing their business profile at the awards and in the following years.

How to Enter

Entries will be closing on Monday 11 July, and you can enter in diverse categories from ‘Advanced Manufacturing’ to ‘Global Development’ to ‘Smart Cities’ to ‘Social Entrepreneurship’

For further information on how you can participate in the Australian Technologies Competition visit www.austechcomp.com.

I look forward to judging the next big idea…..

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