How to get into innovation

Territory business innovation roadmap

The journey

Business innovation is the process of turning an idea into value for your business. This can often be a daunting journey for business owners, innovators and entrepreneurs, but the reward is well worth it.

The Department of Trade, Business and Innovation can support you and your business through this process. The below roadmap outlines the services and programs available to help you turn your business idea into a commercial reality.

You have a great business idea!

    We offer a range of programs and services to help with your business ideas.

    • Innovator in Residence Program
    • Small business champions
    • Business Enterprise Centre
    • Short courses / Upskills workshops
    • Territory innovation network
    • October Business Month.

    Steps:

    • Refine your idea
    • Build your business
    • Join our ecosystem
    • Get new skills.

    You turn your idea into something that will deliver profits to your business.

    We have a range of ways to help.

    • Business Innovation Support Initiatives (BISI)
    • Digital Partnerships Program
    • Business Growth Program
    • Test bedding
    • Women in technology
    • Open data.
       

    Steps:

    • Create a prototype
    • Develop your plan
    • Access funding
    • Master your market.

    You commercialise your idea, or put it to work in your own business.

    We can help you accelerate your business growth.

    • Innovation hubs
    • CROC Pitch
    • Business Acceleration Program
    • Angel investors.

    Steps:

    • Test your innovation
    • Join a hub
    • Pitch to investors
    • Go to market.