Startup Mackay Inc.
Welcome to Startup Mackay Inc.
Startup Mackay Inc. is the region’s leading tech-based collaborative entrepreneurial not for profit peer-group. Our members are entrepreneurs and like-minded individuals with a passion for technology, business, social causes and empowering people.
We aim to promote events such as Mackay Startup Weekend & Mentor Blaze, organise monthly meetups, teach startup techniques, help entrepreneurs find investment and generally foster the local startup ecosystem.
By being inclusive and encouraging open participation, true potential and unlimited innovation can be realised. We believe that by ensuring sustainable economic, environmental, social and cultural outcomes we will offer a great deal to our community, society and environment; locally and globally.
Creating a Startup Community
The Startup Mackay Management Committee is as follows:
8 Key Industries.
What is a ‘Startup’?
By definition, there is no completely agreed upon term for a ‘Startup’ organisation. Here is one take on it:
A Startup is a newly formed organisation where disruptive innovation via experimentation is used to derive a sustainable and scalable high growth business model in order to assist in getting a product or service to a large market.
Startups are different from traditional businesses primarily because they are designed to grow fast. By design, this means that they have something they can sell to a very large market.
Startups can be classified into verticals, with the following industries as examples:
- FinTech – Financial Technology
- IoT – Internet of Things
- AdTech – Advertising Technology
- EdTech – Educational Technology
- MinTech – Mining Technology
- Messaging Apps
- HealthTech – Health Technology
- FashionTech – Fashion Technology
- Consumer Services
- Virtual or Augmented Reality
- Food & Beverages
- Big Data
At events such as Startup Weekend, we use the Lean Canvas instead of the traditional Business Model Canvas. The Lean Canvas is an adaptation of the Business Model Canvas by Alexander Osterwalder which Ash Maurya created in the Lean Startup spirit (Fast, Concise and Effective startup). The Lean Canvas promises an actionable and entrepreneur-focused business plan. It focuses on problems, solutions, key metrics and competitive advantages.Lean-Canvas