Super stoked that you found us. It's here that we wanted to share just a little about why theSPACE was created.
In short it was to help us commercialise our ideas. Founder Troy Haines and later, cofounder Damian Zammit realised that to effectively commercialise ideas you need a support structure. An ecosystem.
"It takes a village to raise a startup"
The not so short version is... In 2010 Troy Haines exited his online travel business, which he'd built and managed for the previous 6 years, so that he could focus on other ideas.
That was terrifying, hard and complicated because it required significant change and a huge unknown element which meant… he needed to be strategic. Haha
It was at that point he realised that he didn’t really know what he was doing. iAMconnected (his new venture) began to fail and he didn’t know why.
So... He looked more broadly around the world, at where ideas were flourishing, to really start understanding what it took to turn ideas into reality and how to make money doing that. And so, the journey of theSPACE began.
"Turning ideas into reality is more science than gambling"
His global search started in 2011 highlighting key places like Silicon Valley as the epicentre of idea development. Not willing to move there, he started work on the next best thing- building out an ecosystem in Cairns to support the development of ideas. In 2012 he started work on theSPACE, an incubator that helps turn ideas into reality.
- Teaching people about "theSPACE" - not a space... but "theSPACE" - where ideas flow from, theSPACE that is inside all of us, that is at the heart of our confidence, our purpose and how to connect to that.
- How to "Turn Their Ideas into a Reality"… which can be super painful (especially if you’re new to entrepreneurship and/or you've blown lots of time, money and energy doing the wrong things). But there is a process which mitigates risk.
- Providing a support structure (a community of mentors and supporters) to help people journey through this process.