Introduction to Magma
|
Early
stage |
The innovation process
is complex, multi-faceted and is typically poorly understood by many who
attempt to participate. Entities face
the very real likelihood of failure through lack of the appropriate
experience and skills at each stage of innovation and business growth:
The shortage of
such experience and skills in Australia is a major inhibiting factor which
leads many to avoid innovation in the first place and increases the
probability of failure for many who try. |
|
Magma
Pty Limited |
Magma has been formed to
make its specialist experience and skills available where they are needed. It
comprises a small team with a combined experience of over 25 years in all
stages of the innovative process. This experience was built upon a diverse
range of qualifications, industry backgrounds and experience. Services, broadly described as
management of investment in research, development and commercialisation are
being made available to innovating industry, financiers, and government by
Magma. Magma has
access to Australian and international energy research, development and
technology databases, and close links to other industry databases. The
EnergySearch database, for example, is a continually updated source of
information concerning energy research and development in Australia. Magma has been
created with a strategic plan to utilise the skills developed within the Energy Research and Development Corporation (ERDC), during its
eight years of existence. |
|
Management
experience |
The Magma team have
considerable management experience, working closely with investees to ensure
that each investment complies with its identified goals and objectives.
Investees are encouraged to use the Magma team representatives and their
networks of contacts to help them develop the best possible strategies and
strategic partners. Magma team
members interact daily with representatives from a broad section of the
nation's peak industry bodies to assist in the development of R&D
strategies and to identify priorities for future investment. Significant
experience exists within the Magma team of reviewing and facilitation of
strategic, marketing and business plans. Collectively,
the Magma team has thirty years in early stage investment and has invaluable
experience across a very broad range of commerce and industry, with small,
medium and large investees. ERDC's investments came not only from the
traditional energy industries (electricity, gas petroleum) and the emerging
renewable energy sector, but from developers of products using or saving
energy (e.g. transport, manufacturing and building sectors) and users of
energy across the spectrum. Magma has a
detailed knowledge of research and development activities, access to relevant
resources (databases etc.) for research of state of the art, personal
knowledge of the key players operating in research and development, and
strong networks with industry. The members of
Magma also bring their “before ERDC” experience, covering electronics,
engineering, information technology, communications technology, finance,
manufacturing, transport, government, retail, leisure, tourism. |
|
Personnel |
The personnel within
Magma have a wide range of relevant technical experience in the fields of
science, engineering, information technology, communication technology and
are especially experienced in the energy industry. |
|
About Magma |