The fourth annual Tech 23 innovation showcase packed a Sydney auditorium on Tuesday with entrepreneurs and venture capitalists keen to identify the “next big thing” and share in the $100,000 prize pool.
Bringing together 23 entrepreneurs and 23 industry leaders the event, organised by SlatteryIT, provides an opportunity for fledgling businesses to pitch their business ideas and network with potential investors and mentors. The top prize – which was awarded to Zeptronics – is a $40,000 Innovation Excellence Award from the NSW Government.
A further three $20,000 awards from the Government were also on offer along with other prizes including a trip to Silicon Valley; a PR campaign; six months’ free office space in iLab’s Queensland incubator; and a half day meeting with tech pioneer Gordon Bell.
Smart Sparrow was awarded the High Growth Catalyst Award ($20,000): - revolutionises education with its adaptive eLearning Platform - empowering teachers to create powerful learning experiences which intelligently adapt to students. Following five years of research in Intelligent Tutoring Systems, Educational Data Mining and Cognitive Psychology, Smart Sparrow has spun out of the lab and is now used by tens of thousands of students in major international universities each year.
Other winners were Ninja Blocks (Outstanding Collaboration for Innovation Award $20,000) and ScriptRock (Greatest Potential Award $20,000).