CoVentured is a way for both market forces (Corporates and Startups) to harness innovation. Working with Startups is the best way to find, test and develop potentially market changing technologies and solutions and drive disruption, not just survive it. Both sides win,” added Lawson.
Of the launch, Sujeet Rana, General Manager Customer Technology, Woolworths Group said, “At Woolworths we’re focused on continually improving our customer’s shopping experience. Working with the Startup community allows us to tap into a wider group of highly talented people who can support ongoing innovation that could deliver greater shopping convenience for our customers.”
Greg Sutherland, Chief Innovation Officer at Australia Post said, “Australia Post is creating its future in digitised commerce and services for everyone, everywhere and is actively collaborating with the Startup community on the new challenges and opportunities of this e- commerce age. We are very pleased to be a founding member of Slingshot CoVentured to further enhance that collaboration.”
Westpac Group Executive, Strategy & Enterprise Services, Gary Thursby, said the partnership with CoVentured reflects Westpac’s commitment to driving innovation to deliver customers the best possible service.
“For Westpac, partnering with Startups allows us to accelerate our pace of change, and learn about how we can continue to innovate our own business. These partnerships provide us with more avenues for access to innovation and new experiences for our customers, and enable us to share our expertise with new businesses to support their success.”
Tim Cowan, Vice President of Mobile Product, Optus said, “Collaborating with Startups is a key focus for Optus, and CoVentured will provide us with some great opportunities to engage with Australia’s flourishing Startup community. Partnering with Startups is a huge driver of creative and innovative thinking and will help as we work to deliver the next generation of products and services to our customers.”
Andrew Perry, EnergyAustralia Executive – NextGen, said the energy retailer will use Slingshot CoVentured to connect with ambitious, innovative thinkers behind new energy solutions that puts customers in control.
“There’s a great deal of change happening in the energy sector at present and we are taking this as an opportunity to help great ideas and innovation get to market. Through CoVentured, we look forward to partnering with Startup businesses and disruptive technology developers of tomorrow that help our customers better manage their energy, reduce carbon emissions, and save money.”
It is free for Startups and Scaleups to join CoVentured and businesses can register at: www.coventured.com.
Slingshot is Australia’s most experienced corporate accelerator program, working with clients such as Qantas, HCF, SEEK, Hudson, UTS and NRMA, among others, to run tailored accelerator programs. The Startups and scaleups that have gone through Slingshot-run accelerators have a combined market capitalisation of more than $163M. Over 88 per cent are still active or have been acquired.