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Lighthouse
Business Innovation Centre Newsletter
News and Upcoming Events

Issue: 2 January 2009
In This Issue
New Event Schedule
We have moved!
From the Lighthouse General Manager
Innovation In the News
New Connections from the ACT Government
Don't Play Hockey with your Prospective Investors
Marketing strategies to recession-proof your business
Our first event for 2009 will be on a very timely topic addressing ways to rejuvenate your marketing and sales efforts during our current and troubling economic environment.Jordan Mullen

Topics:

Marketing in times of recession and financial difficulty;
  • How Google has become more effective than yellow pages;
  • Where to investing your money in advertising that works;
  • How to unlocking the potential of direct mail marketing;
  • How to turn your website into a 24/7 salesman;
  • Discover the marketing systems to generate hot qualified leads.
What are the outcomes of attending this seminar?
  • How to attract the right market through lead generation strategies;
  • How to start an effective Google Pay Per Click campaign;
  • How to boost your organic Google listing;
  • How to get onto the first page of Google;
  • How to create landing pages to qualify your market;
  • How to completely automate your marketing process;
  • Secrets of successful direct marketing campaigns.
Who should attend?
  • Anyone who is sick of wasting money on advertising that doesn't work;
  • Businesses who are looking for marketing strategies to help grow their business;
  • Anyone looking for ways of generating hot qualified leads and enquiries:
Location:  Lighthouse Business Innovation Centre
Date:       17 Feb 10:30am-12:00pm
Cost:        FREE
Register:  enquiries@lighthouseinnovation.com.au
 Lighthouse has a new home

We will be opening the doors to our new home at The Box, 65 Tennant Street in Fyshwick this month. 

There will be a formal Open Day announced soon, however if you happen to be in the neighbourhood, feel free to drop in to visit us any time after the Australia Day (that's 26 January).
From the Lighthouse General Manager
Anna Pino Mentors Needed!
 
At Lighthouse, our primary aim is to assist early and growth stage business to become investor ready.  We accomplish this through one-on-one consultancy, high-value programming/events and hands-on project management and business development.

Frequently, our clients can also benefit from the skills and experience of other business people-those who have 'been there, and done that'.  So, Lighthouse uses its extensive networks to 'match' our clients with appropriate entrepreneurs and/or service providers.   

This 'matching' service is free and our mentors generally contribute their time in the first instance.  However, should a client decide to pursue a more formal engagement, then they are free to do so.   There are even programs available to assist with the costs of formal mentoring, such as the ACT Government's InnovationConnect program.

What sorts of things can a Lighthouse Mentor assist you with? 


Examples include:
  • Issues of Corporate Governance, including the effective managements and running of your board of directors
  • Business Development and Sales (e.g. marketing plan, tender preparation, contract negotiations)
  • Assistance with the engagement of business service providers
  • Executive Coaching and issues of work/life balance
  • Strategic Planning (including meeting facilitation)

If you have already registered your interest with us as a prospective mentor, then thank you very much.  We appreciate your willingness to help our clients and we will contact you when we think we have an opportunity that might be suited to you capabilities.
  

Additionally, we will be contacting you in the weeks regarding a very special event we are planning specifically for our valued mentors.
Upcoming Lighthouse Events
Please register your interest today

We have lots of exciting events and programs in mind for the New Year.  Here are some of the things we have planned:
  • Marketing Strategies to Recession-Proof Your Business
  • Understanding the Language of Intellectual Property Protection
  • Getting in to Contracts:  The Key Traps and War Stories
  • Financial Forecasting:  Tools and Techniques (2-days)
Please visit our website and subscribe to our RSS feed so that you can get the very latest information. We also use our event calendar to 'market test' topics that we think might be of interest to you.  If you see a topic that appeals to you (or not) then, please drop us an email.   

To avoid disappointment, please don't wait until the last minute to register your interest for an event.
 
Innovation In the News
2009:  Year in Preview

The consensus from the pundits is the 2009 will be a tough year for business, but that opportunities remain for the nimble and adaptable.  At Lighthouse, our indications are that entrepreneurs are using these nervous times to re-evaluate their business models and to whether downward pressure on prices by stepping up their sales and marketing activities in order to improve market share.

Here are some more predictions from a favourite Z-D Net blogger, Larry Dinigan.  Do these hold water for the ACT and Region in your opinion?

Join the conversation here.
LIGHTHOUSE SPOTLIGHT
Angel Investing

According to a Kauffman Foundation Report commissioned in 2007, the following three factors contribute to the success of Angel investments:
  1. Due diligence time: More hours of due diligence positively relates to greater returns.

  2. Experience: An angel investor's expertise in the industry of the venture in which they invest also is related to greater returns.

  3. Participation: Angel investors that interacted with their portfolio companies at least a couple of times per month by mentoring, coaching, providing leads, and/or monitoring performance experienced greater returns.
                           
www.kauffman.org.
 
New Connections from the ACT Government
New Grant Funding Announced.

The ACT Government has announced the availability of two new grant funding programs for innovation:

Innovation Connect aims to provide limited funding support to accelerate the commercialisation process.
 
Trade Connect aims to assist ACT companies to enhance their international market profile through participation in trade shows, market research  and access to export-focused professional services.

Find Out About All ACT Government Grants Here

Don't Play Hockey with your Prospective Investors
Hockey Player
After spending years evaluating business plans for a seed fund investor, I can tell you that nothing screams 'amateur!" quite as loudly as the hockey stick financial projection chart.

 
UPCOMING Event:
Leigh Drake

Financial Forecasting with Leigh Drake, Managing Director, ARC Business Processes

This workshop will allow you to get the skills you need to develop realistic financial forecasts for your business. 

Take advantage of 2-days with our experienced facilitator and other business people like yourself to share best practise and work 'on' your business.

THIS EVENT HAS BEEN TENTATIVELY RESCHEDULED FOR MARCH. PLEASE EMAIL US TO REGISTER YOUR INTEREST.
Boffin Bytes
Who knew that we would ever Google in order to locate a blogger who was also an expert in data mining?  Here are some of the latest boffin buzz words randomly selected from the Computing section of the Canberra times.   Surely you know what they all mean, or will know by the end of 2009:

E-waste
Gershon Review 
Cloud Computing
Twitter
Nettop
IPv6

https://en.wikipedia.org
 
Lighthouse Business Innovation Centre is a not-for-profit business advisory service sponsored by the ACT Government and Epicorp Limited.