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Why Techstars Adelaide is a dream program for any tech startup

Techstars Adelaide won’t just be the first Techstars accelerator program to land in Australia, it will be the first in the whole Asia-Pacific region. It’s my first day at work, but I already know I have a huge amount of support from the Techstars team and I’m confident this is going to be a great year.

This is because of two main reasons. Firstly, it’s all about the tech. Techstars Adelaide is focused on all the really cool stuff – robotics, drones, Internet of Things, big data applications and sensors. With access to, and support from, the world’s leading defense and security companies, we’re going to be taking on big challenges.

Secondly, while Adelaide is not the biggest or most well-known city in Asia, or even Australia, it is a great place to do business – and the best place in the world to visit. In fact, Condé Nast named Australia as the place to go in 2016 – not just in the top ten, but the place to go.

So how does a Boulder tech entrepreneur like myself end up living in THE place to go in 2016? When Brad Feld and David Cohen were doing the first Techstars program in 2006, I was the co-founder and CEO of one of Boulder’s fastest growing software companies, and was delighted to get involved as a mentor in the first program. Little did I think that ten years later, I’d be stepping into a leading role with their first Asia-Pacific accelerator, 9,000 miles away.

I was tempted to move to the beautiful city of Adelaide just last year, to be Entrepreneur-in-Residence at Professor Jana Matthew’s Centre for Business Growth at the University of South Australia. Jana, one of the world’s leading experts in business growth, has been a friend to Techstars and a mentor of mine for over two decades. She is a perfect of example of the type of global leader who has fallen in love with Adelaide.

What I’ve seen in the past year is that things are really taking off in this city. I missed the start of the Silicon Valley startup wave, but here in Adelaide there is a startup community on the cusp of great things. It is being fueled by world-class universities drawing people here from all over the world, as well as the home-grown talented people who want to start something of their own.

Just as there is a diversity of people, I see great diversity of startup ideas and technologies. And that’s before you talk about the hundred billion defense technology dollars that will flow in over the coming years.

So what do I hope that Techstars Adelaide will achieve? We hope to draw in the best companies and mentors from Adelaide, Asia and all over the world. Along with our Program Manager Chris Chang, and the entire Techstars team, we are going to support our class of standout founders and help them accelerate their companies.

We’ve got a great range of experience, from starting and growing companies to building international startup networks. Our job is to do everything we can to help our founders get connected and be successful. They’ll get more support and gain more knowledge in three months than they can even imagine.

We’ll all work hard, but we’ll have fun too, and when they leave they will always be a part of the Techstars.

So, for those already in the Techstars global family, watch this space. For those in the regional, national and Adelaide community that want to support what we’re doing, get in touch and let’s work together. For overseas entrepreneurs thinking of coming to Techstars Adelaide – I’ll make sure you see at least one koala while you are here, promise.

Applications for Techstars Adelaide close April 23rd. Want to be a part of it? Apply today!



Terry Gold Terry Gold
Terry is the Managing Director of Techstars Adelaide. Previously, he was the Growth Entrepreneur in Residence at the University of South Australia. Terry was also the founder and CEO of Gold Systems in Boulder, CO for 22 years.