Finalist

Entrepreneurial Leader of the Year Award

Siobhan Curran

Finalist of the Entrepreneurial Leader of the Year Award

University of Newcastle - Australia

"The epicentre of entrepreneurship in the Hunter region."


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Summary

Growing up in a family of serial entrepreneurs - my parents and four siblings have founded a total of 17 businesses between them - and playing supporting roles with successful female entrepreneurs like Collette Dinnigan and Donna Hay, I have had the opportunity to learn from some of the best. My journey has been one of supporting creative and action-oriented visionaries to develop innovative solutions that create impact.

My passion for Newcastle and inspired by its potential for transformation led me to coordinate TEDxNewy in 2011, showcasing the incredible self-starters of the region with one talk selected for TED.com and garnering 1.8m+ views.

Since 2017 I have led the University of Newcastle's Integrated Innovation Network (I2N). The I2N aims to catalyse regional transformation as we transition from an industrial economy to a differentiated knowledge economy.

The I2N has welcomed 4,900+ innovators and entrepreneurs from various industries and sectors, providing coworking spaces, connection events, and accelerator programs that have played a direct role in building new ventures headquartered in the region, regardless of their affiliation to the University.

My leadership approach is centered around experimenting, iterating, and collaborating, much like a startup founder, to create maximum impact with minimal resources.

Overall, my experience and passion for entrepreneurship, combined with my commitment to the Newcastle region and incredible support from the University, have enabled me to become an entrepreneurial leader who is dedicated to supporting and empowering innovators and entrepreneurs to create a better future for themselves and their communities.

Key People


Professor Alex Zelinsky
Vice Chancellor and President
University of Newcastle



Professor Zee Upton
Deputy Vice-Chancellor (Research & Innovation)
University of Newcastle



Warwick Dawson
Pro Vice-Chancellor (Industry & Engagement)
University of Newcastle



Richard Berry
Program Coordinator
University of Newcastle's I2N



Kelly Peihopa
Community Coordinator
University of Newcastle's I2N


Acknowledgements

I am grateful for the support and guidance of Professor Kevin Hall and Micky Pinkerton, who introduced me to the world of tech-enabled startups and provided me with the freedom to explore and build programming that meets the needs of our region.

I also want to thank Professor Alex Zelinsky, Professor Zee Upton, and Warwick Dawson for their continued support and commitment to fostering an entrepreneurial culture within the University of Newcastle and the wider community.

I am fortunate to work alongside a dedicated and hardworking team, Richard Berry and Kelly Peihopa, whose unwavering commitment to our entrepreneurs and ecosystem is commendable.

Furthermore, I would like to express my appreciation to all our Venture Mentor Service mentors, coaches, facilitators, and collaborators who share our passion for supporting the next generation of founders. I am grateful for the support of the NSW Government, Nathanial Bavinton and Simon Massey at the City of Newcastle, Simon Byrnes at Port of Newcastle, and Lauren Eade at Davies Collison Cave.

Lastly, I want to acknowledge the founders who inspire me every day to keep going and the support of my partner Dean and my children Sienna and Vincent, who have accommodated the peculiarities of many weekend hackathons and evening pitch nights and provided me with unwavering support.

Images

The team at I2N Accelerator Demo Night

I2N New Futures Hackathon for Ageing in Place 2022

I2N Hub Honeysuckle, the epicentre of entrepreneurship in the Hunter region

The Incubator at I2N Hub Honeysuckle

Join the Dots networking event on the I2N Virtual Hub during COVID lockdowns

Female Founder Program Demo Night

I2N Venture Mentor Service mentors

I2N Join the Dots networking event

Siobhan Curran

IMPACT STORY

Impacting lifes

The I2N has played a critical role in the development of a thriving innovation and entrepreneurship ecosystem in the Hunter region. Through extensive community and on-campus engagement, we have implemented a diverse range of programming, incorporating over 400 events for more than 4,900 people, both in-person and virtually during COVID restrictions.

Our partnerships with CSIRO, Port of Newcastle, Davies Collison Cave, Slingshot, and MIT have allowed us to deliver regional pre-accelerator, accelerator, incubator, and mentoring programs, and we have collaborated with the City of Newcastle to deliver the Female Founders Program and the Regional Landing Pad for emigrating tech startups. These initiatives have resulted in the acceleration and incubation of 109 companies, which have raised $26.1M+ in funding, created over 125 new jobs (FTE), generated $18.1M+ in revenue, and provided mentorship and coaching from over 50 experienced business founders and domain experts.

I played an integral role in the development of the new and expanded entrepreneurship center, I2N Hub Honeysuckle, which opened in 2022. Housed within the region's first 6-Star Green Star building, the center is the headquarters of innovation and entrepreneurship within the Hunter region, featuring an Innovation Common (free coworking for pre-startups), a café, a maker space, flexible event space, and coworking for startups and scaleups. My experience and knowledge of ecosystem development helped to ensure the building encourages connections between ecosystem actors and supports entrepreneurship activity.

LEARNINGS

Lessons learned

1. Have a Vision: Stay passionate and committed to the vision. Building a thriving innovation ecosystem is a long-term project that requires patience and persistence. But the rewards of seeing new ideas come to life and driving positive change in our communities are immeasurable.
2. Collaboration is Key: Build strong partnerships and collaborate with a wide range of stakeholders, including academia, government, industry, and the broader community. Encourage co-creation and open innovation to drive impactful outcomes.
3. Community Engagement: Build and nurture a strong sense of community among innovators and entrepreneurs and the actors who support them. Focus on creating an inclusive environment that encourages creativity, experimentation, and risk-taking.
4. Embrace a Service-Orientated Mindset: Universities can be difficult institutions to navigate and government departments and grant programs can seem overwhelming for the uninitiated, but they each offer emerging entrepreneurs a lot of value. Becoming a friendly knowledge broker no matter how small the query will come back to you in spades.
5. Embrace Diversity and Inclusion: Embrace diversity and inclusion in all aspects of your work. Celebrate and value different perspectives, experiences, and backgrounds, and actively seek out underrepresented voices.
6. Be Results-Driven: Stay focused on delivering results and outcomes that have a real impact on the community and wider society. Use data and analytics to track progress and measure success, and be willing to pivot or adapt your approach to achieve your goals.

FUTURE PLANS

What's coming?

The future is full of exciting opportunities. The focus for 2023 is on scaling up, with ambitious programs such as Startup @ Schools in partnership with UTS Startups, which aims to inspire high school students to pursue tech-enabled entrepreneurship as a career. The I2N is also collaborating with the Newcastle Business School to deliver an elective course modeled on a pre-accelerator for undergraduate and postgraduate students, and providing seed funding and continued support to students who wish to pursue a business through I2N's Accelerator program.

Another exciting initiative that I am involved in is the Central Coast Health & Wellbeing Living Lab, which will assist researchers and industry to develop solutions for seniors to age well and at home. These initiatives are part of an evolving and flourishing innovation and entrepreneurship ecosystem that I am proud to be a part of.

The future holds many opportunities for the I2N to continue to drive innovation and entrepreneurship in the Hunter region, and to make a positive impact on the community. We are well-positioned to navigate the challenges and opportunities that lie ahead and to continue to make a difference in the lives of entrepreneurs and innovators.


KEY STATISTICS

4,900+

innovators and entrepreneurs connected

109

companies accelerated or incubated

$26.1M+

capital raised by program participants

125+

jobs created (FTE) by program participants

$18.1M

revenue generated by program participants

100NPS

from Female Founder Program and Accelerator participants

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