One of them is Kavisha Fernando, who is pursuing a PhD in psychiatry at the University of Melbourne.
“Academia is very competitive and there aren’t many post-doctoral positions to go around,” said Kavisha. “It has always been on the back of my mind to diversify my skillset and keep my options open.”
“Having said that, I’m still going to stick to things I’m passionate about and entrepreneurship is one of them. That’s why I wanted to join this program to broaden my horizons.”
In this program, Kavisha and his team are working on using smart home technology data to predict relapse in mental illness.
The OTP Program is hosted within RMIT Activator, who delivers experiences into the program and connects participants partners to the diverse entrepreneurial community and activities.
Activator plays a central role in building up enterprise skills and capabilities through educational experiences such as IGNITE – a two-day intensive workshop on entrepreneurship basics.
“Partnering with Activator has been invaluable on my side,” said Max. “To some extent, the structure and contacts I get through Activator have formed the pillars of this program.”
“The people working at Activator were part of working group to conceptualise the program.Their wealth and experience in learning design and online delivery has been super helpful, as well as the industry partners they are able to pull in for workshops.”
Unlike other entrepreneurship programs in the startup eco-system, the OTP Program is an investment in the individual rather than the business they will potentially build.
Participants are not required to have a startup idea in order to be accepted into the program. The focus is on developing their entrepreneurial skills rather than requiring an idea or a team from the outset.
As such, the researchers find themselves teaming up to brainstorm on multiple solutions that end up looking different from their initial ideas.
At the start of the program, Joy wanted to build a startup on sauna therapy to incorporate the health benefits of heat into Australian society.
Since then, she has pivoted towards building a swab testing kit that uses sweat to analyse and assess health issues in an individual.
“My team does a lot of sweat analysis and you can really see the potential in sweat,” said Joy.
“This aspect of skin health is not so appreciated yet and there’s a lot of room for growth.”
At the same time, the program experience also highlights areas of growth they need to pursue in order to become successful entrepreneurs.
“I’m such a product of the medical system, where there’s a lot of conditioning to follow the rules and protocol and questioning is not encouraged,” said Joy.
“Entrepreneurship is so different. It’s a breath of fresh air to be in this space where questioning is rewarded.”
Kavisha also sees the benefits of adopting an entrepreneurial mindset in academia.
“Research is a more top-down process while a successful entrepreneur uses a more bottom-up approach where you first try to understand the problem that people are facing, build an minimum viable product, see if it solves the problem and continue from there,” said Kavisha.
“In research, people don’t ask as much whether if their solution is a good fit for the person you seek to help. That’s the bigger lesson I’ve learnt which I can bring into my research – to approach problem solving with a more bottom up approach.”
In a world where change is the only cosntant, these academic entrepreneurs have demonstrated that innovation is essential to survive and thrive.
To learn more about the Open Talent Pathways Program, visit here.