Innovation fund expands into new territory
Russell Scott and Nicholas Stamatiou, founders of Cognetic Technologies, have received a $10,000 grant through the City of Joondalup’s Innovation Fund to progress a revolutionary design platform, VORTALS, which allows users to create and publish augmented, virtual, or mixed reality solutions without needing any detailed understanding of programming or 3D design.
It is the first grant to be allocated under the fund’s new ‘Expand’ category, which aims to assist start-ups at a pre-revenue, prototype or minimum viable product/service stage.
Mr Scott has worked in the university sector for over 17 years in a variety of senior level technology roles. He has also had extensive involvement in technological production of IMAX movies.
“The VORTALS software has the potential to be a real game changer, allowing users to reinvent the way in which they present content and information that blends together 2D, 3D, VR (virtual reality) and AR (augmented reality) content with a simple point and click user interface,” he said.
“The software has been designed to do the ‘heavy lifting’ for digital users in delivering content on any device.”
Mr Scott has been collaborating with Professor Joe Luca, Dean of Graduate Research at ECU Joondalup, focussing on opportunities for the application of VORTALS within the university sector.
Cognetic Technologies will use the $10,000 to conduct a pilot program at ECU’s Joondalup campus – using external expertise on systems integration – and the creation of pilot content for adapting the VORTALS platform to the university’s specific requirements.
Ideas that could potentially be explored include a full university campus augmentation (with 2D, 3D, VR and AR content) that could be used for new student orientation days and a university lecture presentation system (also with 2D, 3D, VR and AR content) that can incorporate location-specific information and content, depending on either the GPS location of the lecturer or student.
Joondalup CEO Garry Hunt said it was exciting times for Joondalup on the innovation front and he was looking forward to seeing the results of the VORTALS/ECU pilot program.
“The City was only too happy to help progress this innovative technology on its journey to market,” Mr Hunt said.
“We wish Cognetic Technologies every success with the pilot program, which is being conducted in collaboration with one of the City’s key stakeholders, ECU Joondalup – a major component of the world-class Joondalup Learning Precinct.
“Once successfully rolled out, VORTALS software will only enhance Joondalup’s reputation as the innovation capital of Perth.”
The Expand category of the City’s Innovation Fund is open to start-ups whereby:
- Their original digital idea or concept has developed and some form of intellectual property (IP) protection or route to market has been engaged;
- A trial, pilot, prototype or proof of a new digital concept/idea has been demonstrated with success and is ready for the next steps;
- There is a clear demonstration of how their idea, concept or innovation has progressed and have proved an initial economic, social or environmental benefit and are ready to advance; or
- Beta testing has demonstrated achievement of a minimal viable digital product or service with growth and extension potential.
More information about the City’s Innovation Fund is available at joondalup.wa.gov.au
Pic caption: Joondalup CEO Garry Hunt congratulates Russell Scott