Innovation Bay has now been running in Perth for 18 months. During that time they have had 34 companies submit funding applications. In the first 12 months, 10 companies pitched and 3 have received funding totalling $800k. They are announcing Hawaiian and Wrays as new sponsors, joining existing sponsors, Deloitte, Ignia and Mills Oakley.
Innovation Bay is a unique network that brings together Entrepreneurs, Angel Investors and Business Leaders passionate about innovation, entrepreneurship and technology, through a series of speaker breakfasts, focus dinners and exclusive Angel Dinners. Innovation Bay was founded in Sydney over 10 years ago and is now operating in Perth, Melbourne and Adelaide with over $11m in seed investments.
Property group, Hawaiian’s philosophy is to develop and manage their places to connect people in Western Australia. Their latest project FLUX, in partnership with Spacecubed, is the largest co-working office in Perth. The office space, located at one of their St Georges Terrace buildings Parmelia House, has been designed as a place to connect, develop and grow the new ventures that will become WA’s platform for ongoing economic sustainability.
Hawaiian Director and CEO, Russell Gibbs says
“Having launched the FLUX co-working space we are keen to further support the WA start-up ecosystem. Innovation Bay provides a great forum to educate entrepreneurs and investors and its early success with seed funding through angel investment is something we want to get behind.”
Wrays is a national firm providing commercial and legal solutions across a broad range of technology disciplines. With more than 90 years in the business, they are guided by their heritage in IP law, together with specialist business expertise, to partner with clients ensuring they grow and prosper. Their team’s exceptional technical and legal expertise underpins a commitment to outstanding client service and they understand that how they work with clients is just as important as the advice they provide.
Robert Pierce, CFO, commented that
“Wrays is in the business of supporting innovation. Derek and the team at Innovation Bay have added a great format to the innovation community so it makes sense for Wrays support their work and help continue to build momentum.”
Tickets are now available for the August event, which is an Angel Dinner on Thursday 18th August. Angel Dinners highlight the power of networking and showcase the best tech entrepreneurs who pitch for investment from our Angel members.
Entrepreneurs were invited to load a 90 second video prior to 5pm on Wednesday 27th July, telling viewers about their business and why the Angel Investors should select them.
Angels are then able to vote for their favourites from Monday 1st August, with voting closing at 5pm on Friday 5th August. The three videos that receive the highest votes will be invited to pitch in front of a select group of investors at the dinner.
The event will be held at Kailis Bros, 101 Oxford Street, Leederville and tickets are available to registered Innovation Bay Angels for $159.50.
You can find more details or purchase tickets through the Innovation Bay website: http://www.innovationbay.com/member-events/perth-aus