Startup Mackay Inc.
Welcome to Startup Mackay Inc.
Startup Mackay are entrepreneurs and like-minded individuals with a passion for technology, business, social causes and empowering the local community.
The group was created for entrepreneurs, small business owners, consultants, authors, and service professionals who want to share & discuss ideas, tools & tips, in a non judgmental space. If you are interested in startups, have big dreams, something to share and want to make a difference in the lives of others this is the place to be.
We aim to promote events such as Mackay Startup Weekend & Startup Weekend Youth, organise meetups, teach startup techniques, help entrepreneurs find investment, and generally foster the local startup ecosystem.
Creating a Startup Community
Startup Mackay’s 2017 Management Committee:
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