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2020-02-11 Services and Organisation Committee Agenda

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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                    11 FEBRUARY 2020


KPI Update

Indicator           Measure                         Update
Business growth     Growth in GRP value of          Too early to measure (only 18 months operation)
                    tenants
                                                    Major tenant reported strong business growth
Business            Number of                       2 newco’s birthed at The Digital Hub
graduation          business’s created and/or
                                                    1 company accelerated out of Hub, now establishing
                    accelerated out of Hub
                                                    offices in Noosaville with 5 FTE
Employee growth     Growth in number of             5 new part-time jobs enabled
                    employees
                                                    4 new FTE roles at member companies
Capacity building   Number of professional          Hosted 7 digital skills workshops for >110 adults
                    development activities
                                                    Hosted multiple machine learning workshops for
                                                    software developers
                                                    After-school Inventor club on Thursdays & Fridays in
                                                    terms 3 and 4
                                                    After-school program for girls in robotics and
                                                    engineering on Mondays in terms 3
                                                    Actively mentoring 12 high school inventors
                                                 12 senior kids learning entrepreneurial skills &
                                                 earning money from paid workshops
Accelerator         Number of programs delivered Continuing to providing entrepreneurial support
programs                                         approximately 25 companies – large proportion not
                                                 based at Hub
                                                    Started Founder program with 3 professional
                                                    development workshops
                                                    Hosted GovHack event which attracted over 40
                                                    participants, generated 7 projects with one national
                                                    prize winner and 2 honourable mentions and 2
                                                    runners up prizes.
Events              Number of attendees             Hosted 30 monthly events for ecosystem groups
                                                    Over 700 unique attendees
                                                    Thousands of new connections facilitated
Brand and profile   Increased awareness             Facebook Followers
                                                    638 June to 892 Dec = 40% increase
                                                    Newsletter subscribers
                                                    350 June v 446 Dec = 27% increase
                                                    Hosted board/exec meetings for:
                                                         RDA Board
                                                         SCRIPT Board
                                                         NETA
Investment –        Value of investment attracted   Continuation of $75k over 3 years incubator support
regional            via grants/etc                  grant from Queensland Government
                                                    $50k Technology One Peregian Digital Hub
                                                    sponsorship
Investment –        Value of                        $1.5m in early stage venture funding secured by
business            direct business investment      local startups hosted and supported by The Digital
                    from grants or private          Hub
                    investors
                                                    Gravity Fit (Hub Tenant) received a Federal
                                                    Government commercialisation grant of $500k




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