Incub8 Australia

Project Info

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Team Members


2 members with unpublished profiles.

Project Description


Australia is ranked 18 among 190 economies in the ease of doing business.
With time Australia is becoming more attractive place to launch and run a start-up, having jumped to the fifth-most start-up-friendly country in the world according to the StartupBlink Startup Ecosystem Rankings 2019 report.

There are lots of resources and services provided by government to help aspiring founders. However, many a times founders are unable to make the right decisions due to no single view of insights regarding their industry in a single place.
Our portal uses multiple data sources from government to provide predictive analytics and insights in a user-friendly manner to any aspiring start-up founder. All they need to do is select the broad business category/industry for their start-up.
The portal will give insights and provide predictions, so the start-up founder can make informed choices. The current insights are:
• employment growth,
• gender demographics,
• industry health,
• successful business that have received government assistance etc
• It will also suggest them the innovation precincts related to their business category so that they can collaborate.
Currently the portal is a Proof of concept and works at a broad industry level. It can be further expanded:
• Expand the business category to fine industry level. For e.g. Within Broad Industry “Manufacturing” there are multiple fine industry categories such as “Bakery Product Manufacturing” , “chemical Manufacturing” etc.
• Link it to planning portals for start-up founders to understand what developments are upcoming in which are for them to choose the best location
• Train the Predictive model with more industry data to provide better analytics for the start-up founders.


Data Story


We have used multiple data sets across a wide range of categories all relating to taxation, business categories, labour participation from the following sources:
• ATO – Australian Taxation office
• NEIS - New Enterprise Incentive Scheme
• LMIP - Labour Market Information Portal
• Australian Innovation precincts
These data sets contain lot of information that can be used by any aspiring start-up founder or business owner to help them with strategic planning and business risk management. However due to the different formats and multiple sources there is no coherent story.
Our website combines all these data to provide a single story to any prospective startup or business founder.


Evidence of Work

Homepage

High-Res Image

Team DataSets

New Business Assistance with NEIS data

Description of Use Link Startup founders with the NEIS insights

Data Set

Labour Market Information Portal (LMIP)

Description of Use We have used the labour market and participation data to predict employment growth rate in any specific business category.

Data Set

ATO

Description of Use We have used taxation statistics - profit/loss for companies to predict growth trajectory for each category of business.

Data Set

Stocktake of Australian Innovation Precincts - June 2019

Description of Use The project uses the innovation precinct location and category data to provide guidance to startup founders.

Data Set

Challenges

Australia’s Future Employment

Choose one of the following questions to address: 1. How can recent and future changes in the labour market help prepare young people for job opportunities? 2. What can we learn from case studies of regional labour markets? For example, what does rapid change in the industries or occupations within a region tell us about the needs of employers/workers in other regional labour markets

Go to Challenge | 38 teams have entered this challenge.

ATO for individuals

How can ATO and other Australian public data be used to help the community fill employment opportunities?

Go to Challenge | 27 teams have entered this challenge.

Ultimo: what are the building blocks of an innovative precinct?

What makes an innovative precinct? With huge infrastructural developments in the Ultimo community changing the way people live, work and play in and around the Ultimo area, how might we more accurately predict what the precinct will need in the future to ensure it is a hub for innovation, creativity and entrepreneurship?

Go to Challenge | 7 teams have entered this challenge.

🌟 Improving the customer experience of government services

How can government data be used to improve the experience of citizens interacting with government?

Go to Challenge | 24 teams have entered this challenge.

Leveraging innovation precincts to drive economic prosperity.

How might we build on interaction between businesses and research institutions in Australian innovation precincts, to boost business capability, growth, and job creation?

Go to Challenge | 23 teams have entered this challenge.

Helping Start-ups and New Small Businesses in Australia

Choose one of the following questions to address: 1. What trends in business activity can help encourage self-employment through NEIS? 2. What type of NEIS businesses are being started and are successful (participated in the full 12 months of NEIS Assistance) and what can we learn from broader industry growth areas? 3. How do we encourage self-employment through greater participation in NEIS for cohorts currently underrepresented?

Go to Challenge | 21 teams have entered this challenge.