FOMENT is establishing a better ecosystem worldwide for the development of
VITICULTURE, WINE & TOURISM TECH.
VITICULTURE, WINE & TOURISM TECH.
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FOMENT offers intensive acceleration to innovative wine and tourism tech companies who are ready to scale up, and then connects them with businesses in the industry who are positioned to use their products and services.
FOMENT is also designed to speed up tech adoption by wine and tourism businesses by connecting them with providers of tech solutions which can make them more competitive, profitable and more likely to reach new markets around the world. |
AUSTRALIA NEEDS FOMENT, BECAUSE WE ALREADY HAVE:
But, unlike the US and Europe, no programs that target the growth and adoption of technology in the wine and tourism industries; until FOMENT.
- A dominant wine ecosystem: we are home to the highest standard of businesses, research, marketing and maintain a tradition of technical innovation
- Incredible experiences to be discovered that encourages a booming tourism industry, internationally and between states
- Strong import and export trade: Australia is the world's fifth largest exporter of wine and the tourism industry accounts for $47.5 billion into the economy on average
But, unlike the US and Europe, no programs that target the growth and adoption of technology in the wine and tourism industries; until FOMENT.
WHAT IS FOMENT?
FOMENT works in two parts: tech acceleration and tech adoption. Here's how you can engage with both:
Acceleration: You're a tech start-up ready to scale-up. You're developing an Industry 4.0 product or service that has the potential to disrupt the wine and tourism industries, locally, nationally and globally. The FOMENT acceleration program uses a combination of workshops, prototyping, market testing, industry connections and solution refinement to make sure your business has the best chance for success.
Our acceleration model is one of Venture Client, not Venture Capital - by participating in the FOMENT Acceleration Program we invest expertise into improving both your business model and your offering. But the most valuable investment we make is in helping you build your customer base by connecting you directly with the wine and/or tourism industry.
Adoption: FOMENT is grounded in Australia's wine and tourism industries. It builds connections between our wine and tourism businesses with the tech community. Being a part of FOMENT means you are welcomed into a network of people passionate about staying on the leading edge in wine and tourism. We want new technology to be designed in partnership with the local industry and adopted rapidly.
Ready to get started?
Acceleration: You're a tech start-up ready to scale-up. You're developing an Industry 4.0 product or service that has the potential to disrupt the wine and tourism industries, locally, nationally and globally. The FOMENT acceleration program uses a combination of workshops, prototyping, market testing, industry connections and solution refinement to make sure your business has the best chance for success.
Our acceleration model is one of Venture Client, not Venture Capital - by participating in the FOMENT Acceleration Program we invest expertise into improving both your business model and your offering. But the most valuable investment we make is in helping you build your customer base by connecting you directly with the wine and/or tourism industry.
Adoption: FOMENT is grounded in Australia's wine and tourism industries. It builds connections between our wine and tourism businesses with the tech community. Being a part of FOMENT means you are welcomed into a network of people passionate about staying on the leading edge in wine and tourism. We want new technology to be designed in partnership with the local industry and adopted rapidly.
Ready to get started?
FOMENT ACCELERATOR: COURSE OUTLINE
As the program will be a blended model of in-person and online, you're invited to join from wherever you are in the world.
So if you're a technology company in the viticulture, wine and/or tourism industries, join the accelerator for:
As the program will be a blended model of in-person and online, you're invited to join from wherever you are in the world.
So if you're a technology company in the viticulture, wine and/or tourism industries, join the accelerator for:
- World-class learning: We accelerate participating tech startups based in Australia's wine and tourism industries. The insights are meaningful and can usually only be gained after years of working, not six weeks!
- Networking: From the moment your application is successful, we start the process of connecting you with highly regarded members of Australia's wine and tourism industries. These are money-can't-buy relationships that set FOMENT apart from other programs
- Regional immersion: A week of the program takes you directly to a renowned region for wine and tourism in Australia
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BUILD YOUR BUSINESS MODEL
Take a fresh approach and unpack what is really impacting your business |
GENERATE SOLUTIONS
A rapid-fire way to crack open all potential solutions and refine the best pathway |
PROTOTYPE
Develop and test your solutions using Industry 4.0 tools and techniques |
VALIDATE THE MARKET
Collaborate with experts and develop the capabilities to test your solution |
TAKE IT GLOBAL
Expand your national and international networks and tackle new markets |
FOMENT ALUMNI
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Watch our testimonials from participants and FOMENT facilitators here.
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“Being part of FOMENT has opened doors to the South Australian wine industry much faster than we could have done ourselves. The entire process from start to finish has been seamless and easy as a participating company. (We) changed from all angles, on everything from our business model to how we think about scale. The facilitators, advisory board and program mentors were exceptional and I imagine, inaccessible without FOMENT.”
- Chris Braine, Cellr Cellr graduated from FOMENT in 2019. Chris and the team have gone on to launch their anti-counterfeit bottle cap tech globally. W: Cellr |
PROUDLY SUPPORTED BY
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FOMENT is proudly supported by the Government of South Australia.
FOMENT is one of the 11 recipients of a $1.2 million stimulus under the Marshall Liberal Government’s South Australian Wine Industry Development Scheme (SAWIDS). Minister for Primary Industries and Regional Development Tim Whetstone said in the midst of coronavirus restrictions, the projects focus on digitalisation, on-farm technology and disaster resilience and mitigation. |
SPONSORED BY
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Wine Australia supports a prosperous Australian grape and wine community by investing in research, development and extension (RD&E), encouraging growth in domestic and international markets and protecting the reputation of Australian wine. Our long-term goal is for Australia to be recognised as the world’s pre-eminent wine producing country, and we are committed to the development of the next generation of game changers, researchers, experts and leaders who will drive the Australian grape and wine community’s future. We are funded by grapegrowers and winemakers, through levies and export charges, and the Australian Government, which provides matching funding for R&D investments.
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eNVIsion Barossa-Yorke-Mid North boosts regional homegrown business. We offer Entrepreneurship Facilitator Services funded by the Australian Government’s Department of Education, Skills and Employment. We encourage, support and provide practical assistance to individuals interested in starting their own business, as well as help established businesses build, scale and innovate. In partnership with industry and regional stakeholders, we work to promote innovation capacity and build the entrepreneurial ecosystem across the Barossa, Yorke Peninsula and Mid North regions.
Connect with us at www.nviflinders.com.au/bymn |
FRIENDS OF FOMENT: PROGRAM SUPPORTERS
