REGIONAL Queensland businesses are on the forefront of mining business developments.
Half of the late-stage start ups and small enterprises selected for the Igniting METS Accelerator hail from regional Queensland.
The 12 week learning program in Brisbane helps participants accelerate their development and growth in the mining, equipment, technology and services sectors.
Four companies from the region involved are Artemis Intelligent Robotic Systems from Airlie Beach, Mackay Conveyor Equipment, Vayeron's Smart-Idler Technology from Mackay and FDP from Rockhampton who reprocesses mining tailings considered waste to product coal.
Ryan Norries Co-Founder of Vayeron said it had been a great experience so far.
"I think just the opportunity to be mentored by the organisations with high regard across the globe,” Mr Norris said.
He said he will be using the experience to develop a commercialisation strategy and to refine Vayeron's value proposition.
The participants from the region had connected in the workshops, he said.
"Everyone has hit the ground running having open conversations and bouncing ideas around.”
"It is a very collaborative atmosphere working alongside people who have taken the same risks as you. "There is that commonality.”
He said that not everyone realised the amount of start up work happening in regional areas. "There are some really smart people out there doing really great things,” he said. "You don't have to be in a major city to get a start-up up and running it is happening all around.”
Looking back at his start-up journey over the past three years he is amazed.
"At times I feel like you look back on it and think 'how did that even happen',” he said. "Almost like a butterfly effect where one action leads to another, an opportunity comes by and you take it and before you know it three years have gone by.”
It is Australia's first joint initiative between METS Ignited and the Queensland Government.
METS Ignited CEO Ric Gros said the program proved that technology businesses within regional Australia had massive potential. The end goal of the program is to create businesses bringing jobs and growth to the local area and driving innovation in the sectors, said KPMG Australia's Program Director for the program.
"There are massive opportunities for new technologies in Australia's AU$236 billion mining and METS sector,” she said.
"Past start ups have graduated KPMG Energise programs and gone on to win millions of dollars of business, as well as closing major funding rounds.”
Jarryd Townson from Mackay's Innovation Hub Split Spaces said the number of participants from the region showed the significance of the innovation coming from the region and sends a strong message to large corporates that the region is the place to be for mining technology.
Who is in the program?
Artemis Intelligent Robotic Systems, Airlie Beach
Provide through wall analysis of tubular structures with three-dimensional reporting.
Mackay Conveyor Equipment, Mackay
Creators of Jibaroo, an underground maingate transfer system allowing transportation in modular sections reducing installation time and persons working at heights.
Smart-Idler sensor technology for monitoring and predicting conveyor roller failure in high capacity, time critical bulk material handling plants.
Mines and reprocesses tailings dams to deliver product coal from what was considered waste.
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