Our Team Secret Sauce is an entrepreneurial partner for building startup technology ventures and the commercialisation of intellectual property.
We transform new innovations into high-growth startups with market validation, investment backing, a well defined business plan, first customers, experienced management team, channel partnerships and strong operating procedures.
We help organisations find intellectual property that has commercial value, then generate revenue through licensing deals, IP sales and the creation of new business ventures.
Managing Director: Steve Telburn (MBA, BSc, GAICD)
Steve has been the CEO and/or co-founder of five IT start-ups, personally raising over $10M of venture capital from five different Australian venture capital funds and many angel investors. Steve was CEO and co-founder of Scalify Pty Ltd, a provider of networking technologies for online games, funded by Starfish Ventures ($2M). Previously, Steve was the first CEO of Taggle Systems, a wireless hardware venture founded by key engineers from Radiata (a WiFi pioneer, sold to Cisco for $567M). Steve established and grew Offspring Ventures, a successful technology commercialisation company owned by an ASX-listed organisation. In various roles Steve has played a fundamental role in the creation and strategic planning of over 100 technology ventures, international licensing deals and IP sales across the IT&T, life-sciences and engineering sectors.
Steve also has extensive experience with government grants. As well as being a successful applicant for over six federal innovation grants, Steve currently sits on the assessment committee for the Federal Government's Accelerating Commercialisation program (Innovation Australia) and was previously a member of the Commercialisation Australia program (2011-2012), Commercial Ready program (2007-2010) and the Innovation Grants Committee (2010-2013).