Innovators, entrepreneurs, students and community members have presented transformative ideas to accelerate Melbourne’s journey to a zero-carbon future.
The City of Melbourne’s Open Innovation Competition is an annual event that invites people of all ages and backgrounds to find creative solutions to city challenges using data and emerging technology.
The top pitches receive cash, mentorships, resources and in-kind support tailored to their needs, to help progress their vision.
This year’s theme was Zero Carbon and Climate Solutions. Participants were asked to respond to the following problem statement:
How might we accelerate Melbourne’s transition to a zero-carbon city by innovating in climate and clean technologies while creating new job opportunities and empowering businesses and communities?
Meet judge Richard Simpson
Startup and corporate innovation specialist Richard Simpson was on the judging panel for this year’s Open Innovation Competition.
He also advocates for all things energy and environment on the advisory board for our Melbourne Climate Network – a group that brings together startups, universities and businesses of all sizes.
Richard said this year’s Open Innovation Competition participants presented strong ideas to support a cleaner, greener future.
“We were looking for breadth in the scope of ideas and the stages of companies, and we got it – from someone who’d just had an idea in the shower to businesses that were quite advanced and seeking to scale up,” Richard said.
“The wide age range was also great to see. Startups have long attracted university students and graduates, but the market is evolving. There are entrepreneurs in their 60s and 70s alongside others who are barely 20 – everyone with something unique to offer.”
ELIoT Energy
ELIoT Energy took out first place in the Open Innovation Competition with its early concept to install plug-and-play energy storage batteries for high-use appliances such as display fridges in retail and hospitality settings where there is limited space.
Using unique algorithms, users can store power during the day when it’s cheaper and more renewable due to solar output, reducing reliance on non-renewable energy at night and cutting bills by 20 to 40 per cent. The device is also fully recyclable.
“No-one on the panel had seen a solution specifically focused on the refrigeration of commercial units – so this proposition was quite unique. ELIoT Energy’s solution could make a real difference in the retail environment, in Melbourne and beyond,” Richard said.
Amped
In second place was Amped – an online subscription platform where users can book e-bikes, scooters and electric cars from local suppliers using in-app credits.
The early-concept startup aims to give users affordable flexibility and build a community of new micromobility users that increases the use of electric vehicles, while boosting business for suppliers.
“Micromobility is a market that’s only just opening up and Amped is focused on business model innovation, rather than software or hardware. The app could make a real difference to people’s commutes relatively quickly, with only minimal investment and behaviour-change required from the user,” Richard said.
AIRENERGY
In third place was AIRENERGY – another early-concept startup that aims to combat climate change by reducing greenhouse gases directly from the air through renewable-powered technology.
By adapting existing building infrastructure, this modular tech solution also aims to enhance the carbon circular economy by supplying sustainably sourced carbon dioxide to various industries.
“Hardware solutions often don’t get enough support in the marketplace – venture capital loves software – so we were pleased to be able to support AIRENERGY with a prize that will help them explore commercialisation opportunities,” Richard said.
Meet the finalists
Beyond awarding prizes to winning pitches, the Open Innovation Competition identifies opportunities for the City of Melbourne to uplift and collaborate with promising entrepreneurs from across the field of applicants.
Among the many exciting entrants were the following three finalists:
- Brightspace uses wireless AI sensors, autonomous filtration and smart systems to improve air quality and energy efficiency in buildings.
- CForge transforms food, agricultural and other green waste into valuable products like diamonds – capturing carbon dioxide and creating financial incentive to fight global warming.
- WastePlant Consulting presented Gardenship – a modular urban space that composts food waste, grows food and provides a venue for education and events.
Advice for budding entrepreneurs
If you have a bright idea that could change the world, Richard said the entrepreneurial scene is generous in sharing knowledge and information, and less intimidating than you might think.
“Come along to a number of different events like the Open Innovation Competition. You’ll see that there’s nothing to be afraid of,” Richard said.
“State Library Victoria has a special program called StartSpace that offers free membership to any kind of new startup. It’s a great place to work, connect and access resources. LaunchVic also offers a wealth of resources.
“A lot of people think you have to give up your day job to take the plunge as an entrepreneur, but that’s not true. You can just be part of the community to begin with.
“If you have an embryonic idea and a day a week – or even half a day a week – just start getting involved and see if your idea makes sense. You don’t have to overinvest.”
Learn more
The Open Innovation Competition was first launched in February 2018.
Previous competition themes have included accessibility, safe mobility, city activation and recovery post-pandemic, and inclusion for international students and alumni.
To learn more, visit Open Innovation Competition.
