Founder of Dlivee picks up ‘Venture Day’ win
A startup targeting time-poor customers and frustrated couriers was the winning pitch at the inaugural MBAe ‘Venture Day’ where the first cohort of the ground breaking one-year MBA in Entrepreneurship–delivered by the UTS Business School–presented their final proposals to potential investors and partners. Liam Daley, the founder of Dlivee, described his startup as a ‘personal shipping concierge for deliveries.’
“Shipping is a headache for customers, for couriers and for online retailers” said Liam during his pitch on February 16, citing surveys that show 70 per cent of people consider delivery as the hardest part of online shopping and that they would be ‘prepared to pay extra for after-hours delivery.’
Currently in development, Dlivee allows consumers to specify how and when their online purchases should be delivered, not unlike PayPal, as an option at checkout.
With a $25,000 cash prize, advisory services and an opportunity to pitch to Square Peg Capital Liam said that the one-year MBAe has enabled him to be ‘making better strategic decisions.’ “I’m feeling empowered to develop business models for my ideas and I’m fundamentally thinking differently.”
Runners-up included Annette McClelland and Michael Griffin, co-founders of Tekuma, (also recent graduates of the UTS accelerator Hatchery+) which has patented a one-handed controller system for drones. In third place was Maria Cadena’s social venture Liftmii, an online platform and allied investment trust for sponsors to fund the university education of smart children from disadvantaged Colombian families and whose progress they can follow online. Ten women and eight men pitched at Venture Day.
Launched in March 2016 the MBAe has a flexible structure and was designed in collaboration with the entrepreneurial community designed for both founders and ‘intrapreneurs.’ The program’s Academic Director, Dr Jochen Schweitzer, said that one year the first cohort, “are well on the way to having viable businesses or social enterprises.”
Venture Day head judge David Langford, Managing Director and Chief Investment Analyst of investment advisory firm Long Lake Research, said he was impressed by the ‘enormous’ development over the past year. “Today we were treated to a glimpse of innovations that may drive efficiency and challenge the status quo across a variety of industries” he said.
Fellow panelist Petra Andrén, CEO of business incubator Cicada Innovations, said there were only a handful of women in her MBA class just over a decade ago, and she was the only woman in her entrepreneurship elective. “It’s great to see so many women pitching here today.” Also on the judging panel were Lance Kalish, co-founder of Yes To Inc, one of the fastest growing skincare companies in the world; entrepreneur Ali Linz, co-founder of GroupTogether; and John Lee, Partner in Gilbert + Tobin’s intellectual property group.
As well as a cash prize, the Venture Day winner receives intellectual property services from Gilbert + Tobin, corporate, commercial and employment law advice from Piper Alderman, and tax, corporate finance or accounting advice from BDO Australia. The runners-up received cash prizes of $5000 and $2000 respectively.
Last updated March 3 2017.
Image sourced form UTS Newsroom.
Byline: Adapted from a UTS news room article by Lesley Parker.