Support creative start-ups, says former APN chief Brett Chenoweth
Former APN News & Media chief executive Brett Chenoweth has called for more capital to be invested in start-up firms in the $90 billion creative sector of the Australian economy as he prepares to take a key role in driving a new incubator, accelerator and investment fund in the space.
Mr Chenoweth has been appointed chairman of QUT Creative Enterprise Australia (CEA), which hosts the nation’s first creative technology accelerator targeting early stage companies.
CEA also has a separate start-up fund, which it has been running since 2013, and has housed and developed about 100 start-ups since it was launched over a decade ago to support founders and entrepreneurs in creative industries.
“In terms of this program, the thing that attracted me is that it is focused on the creative industries. They are a $90bn part of the Australian economy, whether they be fashion, digital media, design, music, games or interactive content. There hasn’t been enough capital pointed directly at this space,’’ he said.
Mr Chenoweth, who is Queensland born and bred and retired as APN CEO four years ago, said he was aiming to help better educate C-suite executives about the creative technology sector and how they could better leverage it within their businesses.
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