Jobs for NSW backs startups at Tech23
Media release | 13 October 2017
NSW Government-supported startup Flurosat has won the China Australia Millennial Project Award at Tech23.2017 and will now embark on a five-day tour through Beijing’s startup ecosystem.
Jobs for NSW CEO Karen Borg said Flurosat was one of four deep tech companies supported by the NSW Government-backed Jobs for NSW to participate in the one-day national pitching event.
“Flurosat is a Sydney-based agtech startup that uses machine learning and satellite-guided fertiliser prescriptions to identify nutrient deficiencies in soil.
“This is another great example of how Jobs for NSW is helping local startups punch above their weight on the national stage,” Ms Borg said.
“The State was well represented at Tech23 with Jobs for NSW providing more than $80,000 in funding to companies at the event including Elular, Modular Photonics, Flurosat and Utillix
“Jobs for NSW was also proud to be a gold sponsor of one of the few national forums where homegrown innovation can be recognised and celebrated.”
Ms Borg, who also sat on the Better Health and Education expert panel, presented the Future Leader Award to winner Syntropy.
“As one of the sponsors of the event, Jobs for NSW was proud to present the Future Leader award to Matt Way, founder of AI startup Syntropy -a standout presenter with a visionary, game-changing idea.
“Tech23 is a great opportunity for NSW startups to test their ideas on a national stage with investors and entrepreneurs from around the world.
“The 23 companies showcase their business for five minutes each and then receive feedback from renowned industry leaders and VC and angel investors and potential enterprise customers.
Deputy Premier and Minister for Small Business John Barilaro said by nurturing and supporting NSW’s startup ecosystem the NSW Government aims to encourage a pipeline of future job-creating businesses.
“Jobs for NSW is assisting startup companies with grants to prove their products and to accelerate their market adoption, as well as loans and loan guarantees to help fast-growth SMEs get access to the finance they need,” Mr Barilaro said.
Download the media release