It makes sense that startups look to big business for advice on scalability, commercial management practice and long-term strategic planning – but what can big business learn from the innovation frontline?
It’s a question ActewAGL will answer via a new partnership with the Canberra Innovation Network, the hub of research, innovation and entrepreneurship in the capital, and home to more than 60 startups.
The partnership is based on a common vision to grow new industry and jobs by connecting innovative businesses, researchers and entrepreneurs in Canberra – to promote their success and to accelerate innovation to ensure the ACT’s global competitiveness.
And, critically, ActewAGL will gain advice from ‘the frontline’ on agility, innovation, and ideas generation and implementation.
Key features of the partnership include collaboration on events, innovation education, and direct engagement with startups and subject matter experts, whether in the energy sector or in related industries.
“As a utility operating in a rapidly changing environment, we understand the crucial importance of innovation,” says ActewAGL CEO John Knox.
“The new collaboration with Canberra Innovation Network provides us with the opportunity to work with some of the brightest minds in the region to deliver on ideas that will ultimately benefit the community we’re privileged to serve.”
ActewAGL will now play a key role in the emergence and growth of the region’s new innovative ventures, says Canberra Innovation Network CEO Petr Adamek.
“We’re all about building competitive advantage in the ‘new economy’ and ActewAGL brings a strong commitment to the community and a wealth of experience, connections and resources,” Mr Adamek says.
The partnership comes with the full support of the ACT Government, who acknowledge the role ActewAGL has played in the Canberra community since its inception at Kingston Powerhouse in 1915.
“It’s important that the established corporate sector in our city recognises and supports the opportunities stemming from growth of new innovative companies,” says Chief Minister Andrew Barr.
“It’s great to see ActewAGL joining the network to help boost the rate of innovation emerging from Canberra.”
ActewAGL joins Optus, PwC and King & Wood Mallesons as a gold partner of the Canberra Innovation Network.
The network’s vision is for Canberra to be globally recognised as a clever, connected and creative city fuelled by excellence in research, innovation and entrepreneurship.