- WA only receives a small amount of national venture capital.
- The event aims to see a commitment of $1M from investors.
- The Mandurah Tech Showdown is part of West Tech Fest.
The Perth Giants will be making their way down to the Mandurah Tech Showdown on 4 December this year.
Comprising five savvy investors, the Perth Giants is a uniquely Western Australian take on the well-known business television series Dragons’ Den and Shark Tank.
“As a huge fan of Dragons’ Den, I always wanted Perth to have its own,” said PropTech Hub WA general manager, Cullum Ashton.
“With WA only receiving up to 10% of national venture capital, more needs to be done to support innovators, and I’m grateful events like this contribute towards that mission.
“I encourage everyone to head to the Mandurah Tech Showdown.”
The event will be held at the Mandurah Offshore Fishing and Sailing Club and also include a suite of attractions throughout the day.
Sponsored by the City of Mandurah, the Mandurah Tech Showdown sets out to connect innovators and investors. The goal is to help businesses raise capital, forge partnerships, establish business mentorships, and more, providing employment and economic growth for the Mandurah community.
“This is a great event in Mandurah, and I extend my gratitude to the organisers for choosing Mandurah as the location as the host city,” said City of Mandurah Mayor, Rhys Williams.
“It’s a great opportunity for us to showcase Mandurah’s momentum to the Perth investors, and to promote the importance innovation and entrepreneurship will play in our City’s future.”
Rhys Williams, City of Mandurah
“Good luck to all the participants. We are proud to be sponsoring this event and I’m looking forward to seeing the opportunities that come out of it.”
Targeting $1M
Last year at the Beyond Bank PropTech Pitch event, Perth Giants Sandy Anghie and Ivan Bennet committed to a $500,000 investment with Justin Davies of itrack. The startup went on to raise a target of $3 million investment with a spread of WA, national and international investors.
The target for the Mandurah Tech Showdown is a commitment of $1 million, with new Perth Giants, Julie Drago, Carl Holmes and Jeff Leach are sure to bring heated competition between innovators to secure investment.
“I’m looking forward to seeing what innovators are working on and what they have to offer,” said Leach.
“This year feels like the level of innovation has taken a step up from the previous year, and the competition for investment will be intense,” said returning Perth Giants, Leeanda Paino and Gavin Hegney.
This event is part of West Tech Fest, Australia’s longest-running innovation festival which is and celebrating its twelfth year. Mandurah Tech Showdown is coordinated by Proptech Hub WA, WA’s peak body for property and construction technology.