Experience
The Darwin Innovation Hub, the Northern Territory’s innovation centre, provides expert advice to established businesses, entrepreneurs and start-ups. The Darwin Innovation hub has developed and grown businesses in the Northern Territory for 3 generations as the Territory’s leading innovation hub.
Since 2019, our sister company and resident venture capital fund, the Paspalis Innovation Investment Fund – has directly invested 10 million dollars of venture capital into businesses which provide an economic benefit to the Territory, creating lasting impact for the communities in which we live.
Our team strives to create value through business incubation and venture capital across multiple sectors, industries, and geographies.
Further information: StartNT Program Video
Special Interests
- startups
- growth companies
- scalable companies
- aboriginal enterprise
- technology adoption
- strategic planning
- market approach
- venture capital
- competitor analysis
- market analysis
- business planning
- budget planning
- financial forecasting
- MVP development
- marketing strategy
- management systems
- all industry sectors
Stage One Services
Investigate to Validate
- Defining a clear value proposition
- Competitor Analysis
- Market Analysis
- Defining Assumptions
- Validate Assumptions
- Design & Test Customer Experience
- Get User Analysis
- Create Business Plan
- Define Budget, financial model and legal structure
- Define business model
- Apply for grants
Stage One Package Price: $2,500
Stage Two Services
Stage Two is Creation; this involves
- Develop Product or Service
- Create a product roadmap
- Define market
- Design marketing strategy
- Build your team
- Develop partnerships
- Formalise company and legal structure
- Explore new markets
- Employ efficiencies and management systems
- Scale team
- Expand on business model
- Begin new product development
- Identify funding sources
- Plan investment rounds against projected company growth
- Pathways towards exit (for investors to receive their return)
It is to be noted that Stage 2, for eligible applications, could involve a Safe Note Investment from the Paspalis Innovation Investment Fund.
Also note that applicants who undertook Stage 1 with the DIH will have the ability to have Stage 1 funding deducted from Stage 2 funding.
Package includes co-working desk, wi-fi, networking and access to events, as well as the full program support.
Stage two package price:
- Option 1 - $1,250 per month for min. 12 months (min. $15,000) - Stage Two Advisory Services ONLY
- Option 2 - $1,250 per month for min. 12 months LESS Stage One services (min. $12,500) - Stage Two Advisory Services for previous Stage One Clients
Please note: you must obtain a quote for Stage Two services and include in your Innovation Project Plan submitted in Stage One.
Contact details
