Secret Sauce is a team of entrepreneurs that enjoys finding creative ways to exploit IP and new business models. We have backgrounds from technology start-ups, corporate IT, technology research labs, sales & marketing, technical development and venture capital. For each project we form a specialised international team of trusted people that we have worked with before.
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 a detailed understanding of how to obtain government grants and deliver successful grant projects. As well as being a successful applicant for over six federal 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).